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23 January 2025 | 30 replies
What qualifications do you believe you possess that would make you a good candidate to advise others on the quality, safety and performance of potential investments?
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16 December 2024 | 43 replies
Our team discussed multiple investment options with him, including new construction homes in nice areas that likely attract better quality tenants.
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23 December 2024 | 9 replies
•Tenants demand prompt, high-quality service and without caring about cost •Vendors seek to earn as much compensation for their work as possible.Balancing these needs requires thoughtful stewardship, strong communication, and a commitment to fairness.
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24 December 2024 | 8 replies
Finding handymen is NEVER easy:( Often, you have to use trial & error method and weed through several before finding one that is acceptably (never pefect) reliable, quality, will fix warranty issues and has decent prices.Try visiting a Home Depot 6-8am on a Saturday.
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20 December 2024 | 9 replies
Always buy the best quality property you can afford.
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28 December 2024 | 8 replies
@Adam OrtizRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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31 December 2024 | 32 replies
Then an appraisal works to my benefit and the quality of the property would be very close (as I said the property I purchased had relatively cosmetic renovations such as painted cabinets).
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30 December 2024 | 89 replies
There are plenty of investors out there already looking for quality management, just be that.
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30 December 2024 | 6 replies
The right idea is going to be the bread and butter.1) Ideal location2) Quality properties over quantity of properties3) 1.25x DSCR4) Intention to hold no less than 8, but ideally 12+ years.5) Sufficient cap reserves6) Mechanisms to enhance cash flow(via alt investing or house strategies).7) Liability protection through no PG loans(if possible), LLC formation, property management and being a diligent landlord.8) Invest deeper, before wider.Now if you're talking where to invest, different information.
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20 December 2024 | 5 replies
Feel free to share any tips or ask me questions!