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13 January 2025 | 15 replies
Be prepared to spend a lot of money creating the infrastructure.
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8 January 2025 | 10 replies
Just want to start setting up as if it were. so far i have thought about creating 7 accounts.1) all rental income account 2) account where common utilities and mortgage will be billed3)maintence/capex expenses4)vacancy expense5)management expense (to put the units up for rent)6) property taxes 7)cashflow am i missing anything?
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12 January 2025 | 21 replies
SMS really did not work, it seemed to annoy a lot of people waaaaaaaay more any other method.Do you use a service or do you create the mail on your own?
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23 December 2024 | 15 replies
Giving them a laundry list of items will typically just overwhelm them and create more confusion instead of giving them a smaller step process to get more confidence to get the ball rolling and then they can get into the weeds on their state when they get the contractors out there, have local bids come in, and dial in their plan.
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6 January 2025 | 1 reply
So here's the question, How can I legally evict a tenant who hasn't seemed to do anything wrong except created a landfill in their apartment.
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3 January 2025 | 1 reply
Purchase price: $630,000 Cash invested: $120,000 Completely gutted this property, brand new electrical, furnace, propane, finished basement to create separate unit.New garage with rental unit.
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5 January 2025 | 6 replies
A few resources that might help: • Books: The Millionaire Real Estate Investor by Gary Keller and How to Create Wealth Investing in Real Estate by Grant Cardone. • Documentaries: Check out The Queen of Versailles for insights into the challenges of hotel investments. • Podcasts: The BiggerPockets Commercial Real Estate Podcast has episodes on niche asset classes, including hotels.
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7 January 2025 | 2 replies
., repairs, management, communication with the seller).Exit strategies in case things don’t go as planned.When you do find the right partner make sure to create a joint venture agreement that outlines all of this clearly.
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4 January 2025 | 1 reply
I’m based out of Lehi, Utah, and have always been fascinated by the potential of real estate to create opportunities and build wealth.After spending time learning about the industry and what it takes to succeed, I’m ready to dive in and start making deals happen!
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4 January 2025 | 25 replies
To find deals that make sense, you need to dig deep, get creative or create large value add.