All Forum Posts by: Darlena Jones

What are the local comps for both property types?  

Don't forget that there are owners who will finance and might overlook a poor credit history.  Great job BTW 

Have you considered forming an LLC? Easy to set up and that entity owns/leases the property. Profits are split among the members.

Some schools offer a Real Estate major in the business school.  It's good to have a degree since it makes you marketable.  Spend your money and time wisely and get a degree that will help you along your way.

It's always smart to understand what it takes to produce quality work and what quality work looks like. 

Are you asking if you should sell the lots to a builder or are you asking if you should build them yourself?

The REIA group suggestion is good. Also look at "for rent" postings in Craigslist from individuals.

Is this a type A property?  We install irrigation systems in our spec homes but those are $300K+ homes.  I wouldn't spend the money to irrigate/water a rental unless it was a spectacular rental.

Sorry - it is Restore.  I have volunteered at our local Restore before and they sell a ton of appliances (stoves, microwaves, washer/dryers).  Every city/center will be different.

Very thorny rose bushes?