5 July 2015 | 2 replies
No one can speak to a room of 100+ people and give any meaningful advice beyond the very basics about anything.
5 July 2015 | 7 replies
You are basically accepting a lower ROI in exchange for the peace of mind of having good tenants with good neighbors.The thing you might be missing is this: Can you actually rent a $375,000 single family home for $3750 in your market?
5 July 2015 | 1 reply
Basically, most banks limit you to a certain number of loans.
14 October 2016 | 14 replies
So basically do you think if my pocket cash after I collect rents from my first building is good.
7 July 2015 | 17 replies
For instance buying a 50k rental in the mid west may be small change to some so they say what the heck I don't need to see it I will shop just like I shop at Amazon and buy it basically on line.Others will spend much time and money checking it out.. flying there and making certain its for them.I do think one way to dial for dollars is to contact those that bundle it up for you IE turn key type companies.. and I think a lot of time can be saved by talking with a few reputable PM's in a given market.. they will for sure be able to tell you were the management intense areas are.. and one's that are easier for them to manage. ( Ie code for quality of tenant)
12 October 2021 | 5 replies
Looking for advice someone one familiar with Alabama Rental law the lease is VERY basic and I now regret it.
26 October 2021 | 2 replies
I'm looking for someone to help with data analytics, quickbooks reconciling and such, CRM management, transaction coordination, and basically any other task I can outsource.
29 October 2021 | 24 replies
A buddy of mine told me basically the money you put into the syndicate as a GP or LP, you can essentially write off 75% of that thanks to the pass through depreciation.
13 October 2021 | 4 replies
That may be heresy in today's market but I still stick by it.Trying to think of other ideas, I'm not sure if this is an on-market property or not, but especially if it's not, there could be the possibility of paying the seller for an option to buy the property at a certain price within the next year, and letting the seller continue owning it through the winter, then you exercise your option and purchase it in the spring once the ground has thawed out.That's a much easier concept to pitch to the owner if they don't have a real estate agent who's basically just motivated to sell it and get their commission ASAP, but if they've had a few deals fall through because of the failed septic then even if there's an agent, maybe they'd be open to it.Alternatively, and maybe simpler than an option, would be just putting down a decent-sized earnest money deposit and having a closing date in the spring - basically an unusually long period for the closing.
3 November 2021 | 11 replies
So, you're basically making your own duplex.