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20 December 2024 | 28 replies
The main one is running your business well.In my experience better than 80% of lawsuits are settled out of court.
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10 December 2024 | 16 replies
We focused on 1 and 2 br properties long before MTRs became trendy because they have lower price points, less competition, lower expenses, and while the tenant pool is smaller, so is supply.
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20 December 2024 | 10 replies
When rented, we lock all interior bedroom doors aside from the bedroom we are renting by the room and sync the calendar with the main house's calendar.
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19 December 2024 | 22 replies
Many people start out active because they want exposure to real estate and don't know that you can start out passive - you can effectively hire the asset manager and supply capital to the investment.You can have great success as an active or a passive investor - but it is important to understand the difference and to select whichever option matches your skills and resources the best.Good luck!
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14 December 2024 | 15 replies
To make the job flow easier, but also (mainly) to protect myself if a customer changed their mind later ( which was common).
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15 December 2024 | 6 replies
There are a lot of other issues, but for you as the owner, the main one is usually do you have to have the current tenants out to build (no income) on to the existing property or are you going to do a knockdown new build?
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13 December 2024 | 7 replies
There are always deals out there and Texas is experiencing a return to normal with pricing coming down and supply staying up.
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17 December 2024 | 4 replies
I've heard of mentees who started cleaning up construction areas on a flip at the end of each work day or picking up supplies at Home Depot and delivering them to the job site.
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24 December 2024 | 44 replies
Plenty of growth still happening.I think duplex at $180,000 might be pretty tough to find, but maybe single family around the outskirts of the main metroplex.
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19 December 2024 | 12 replies
I only ask because the main purpose of an LLC is legal protection, and if you don't have a large amount of assets to protect, say less than $1M...you may be putting the cart before the house, and it may make more sense for you to focus more on finding and closing more deals.