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5 January 2025 | 18 replies
Today it has a small positive cash flow for its equity, but the value is up ~$1m above my costs.
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26 December 2024 | 3 replies
100% agree with @Collin Hays - find a local manager, preferably one not too large or not too small, I would say 30-90 properties is usually a sweet spot.
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28 January 2025 | 48 replies
. -- and they find deals that could be good for all of them - and everyone is helping each otherI think BiggerPockets will be a potentially pretty reliable place - I know that there's different roles, "finders", "buyers", "sellers".... maybe I can just find deals, and connect people together, and get some kind of small finder's fee for it, or something.... ok so that first 10-20k is important to just be able to provide - when getting into this....
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5 January 2025 | 28 replies
Absolutely man, I’ve got a small group of people I know personally who are ready to roll.
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2 January 2025 | 13 replies
I was surprised how many small families we get.
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26 December 2024 | 4 replies
We specialize in single family homes, condos, townhouses, and select small multi family homes.
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29 December 2024 | 16 replies
We are in a small market so we were very surprised to consistently fill 4 and now we are looking to do 4 more.
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29 December 2024 | 5 replies
That experience taught me the importance of leaning on local expertise, even if it feels like an unnecessary expense at first.One strategy I’ve seen work occasionally is offering the tenant a “cash for keys” deal, where you pay them a small amount to vacate voluntarily.
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4 January 2025 | 19 replies
It might be worth talking to a lawyer but not sure if it's small claims or worth it.Also, you might already have all of these things but for future prevention:- smart thermostat (so you receive alerts when the inside temperature dips below whatever preset you have)- Minut (or similar device) would also alert you to the inside (and outside) temperatures; for example, I have 2 devices inside the house and outside on the hot tub deck.
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1 January 2025 | 22 replies
Start small to learn the market, people, and areas where you can achieve success.