Blake McWilliams
Raising Private Capital. Tips and Tricks
5 January 2025 | 4 replies
While sophistication of your equity partners (private money lenders) will vary between residential and commercial, the principle of raising private capital is the same.You need to develop your own system which allows a constant stream of PML even when you don't need the funds and/or don't have an active deal under contract.For example; I raise private capital by offering free educational workshops for people with self-directed IRAs.
Jacob Hafer
Offering Streaming Services
10 December 2024 | 8 replies
Quote from @Jacob Hafer: I do not offer streaming services.
Ashley Guerra
Central Jersey investors
9 January 2025 | 8 replies
Hey Ashley So I would invest in a software like prop stream. you can make a list of landlords pretty easily with a software like that.
Deirdre Lizio
Should you pick a property manager based on price or service?
14 January 2025 | 20 replies
Attitude and professionalism are paramount; product knowledge next, and then there's your contact/follow-up systems.Put that together, price-test against the market, and you'll have a sustainable, constantly expanding, and very profitable venture.Good luck!
Allen Berrebbi
Former visitor looking to invest in Peoria IL
6 January 2025 | 7 replies
I had constant issues with the local government and the taxes were absurd.
Keno Powers
Tenant constantly late paying back rent
10 December 2024 | 5 replies
She paid me like $50 every other month after constantly reminding her.
Aaron Wolman
First Turn over
11 January 2025 | 7 replies
Security Deposit: 2600Lease states no smoking/painting walls/no hanging things on wallsTenants have moved out and have left two truck loads of garbage to be removed.Damaged doorPainted walls which got on the ceiling and trim Lots of holes on the walls throughout the houseDamage from windows being left open constantly Weed was clearly smoked in the house (smell throughout the place) so we need to deep cleanWater bill wasn't paid so I had to turn back on utilityMissing keyQuoted costs:$450 junk removal (some furniture)$935 for damaged doors/windows, painting cleaning$30 for utility turn onTenants were only there for a year before moving out so a lot of this is beyond normal wear and tear.
Kris Tohovitis
Multifamily investing advice
8 January 2025 | 9 replies
Real estate investing has been a passion of mine for time with my mother also having invested early on where I likely have gotten the love and desire to follow similar foot steps.I have taken last 6 months to educate myself and currently own a single family home as primary residence and would like to expand to multi family properties (2-4 units) for additional stream of income, not to mention potential tax benefits for long-term investing.Based on current living situation, I have a fair amount of equity established in my primary residency along with having enough cash to either pay off house completely or use towards investing in a multi family property.Given that I'm the sole source of income for our household with my wife being the home maker for our two kids under 2, trying to weigh out risks with getting started now or perhaps waiting.
Bailey Rentz
Done with Stessa. Where should I go?
13 January 2025 | 10 replies
I have enjoyed Stessa's interface but unfortunately it is useless to me if I have constant bank connection issues.