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4 January 2025 | 7 replies
Interest rates atm seem quite high so will ride this out a bit longer (and ratios will continue to improve over time.)
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27 December 2024 | 2 replies
It was built in the 2010s and located in an established neighborhood with convenient access to schools, amenities, and major transportation routes.
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3 January 2025 | 2 replies
Seller financing rarely has access to the credit system.
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5 January 2025 | 9 replies
Leverage technology early and put everything in the cloud, so you can access info wherever you are.Make sure to get properly licensed and obtain E&O Insurance.
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30 December 2024 | 1 reply
Plan to make some tenant improvements to push rents closer to market rate for the area.
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3 January 2025 | 7 replies
But your main killers; road access, water access, fire hydrants, flood plain, storm sewers, Storm ponds, road surface requirements, etc.
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6 January 2025 | 8 replies
Focus on optimizing the current fourplexes (improving rents, reducing expenses).
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6 January 2025 | 31 replies
It was already generating steady income, and we were able to grow its revenue further by raising prices and improving operations in the wash & fold service, which led to better customer retention.Our SDE (Seller’s Discretionary Earnings) was about $77k annually.
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4 January 2025 | 5 replies
That profit will increase over time and improve your return.
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7 January 2025 | 13 replies
-the attorneys quoting you $3k are NOT eviction attorneys and are basically charging you as they learn.Move forward with the eviction unless the tenant improves their attitude.