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9 January 2025 | 116 replies
In the case of my 16 unit there were no realtors involved.
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7 January 2025 | 16 replies
My advice to you is that syndications involve more layers of what I would call "Middle Management" - which takes money (profits you might call them) to fund.
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2 January 2025 | 50 replies
Pretty much the core of the STR business.Higher your rank gets, you can increase your price and be more picky in selecting customers which usually lead to a better review / less party or complaints / less expense and higher profit with a happy life.I know some people will argue, but the ranking system is the truth and should be the only guide to your STR journey.
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3 January 2025 | 45 replies
I never go off of a flat percentage on anything, I analyze the costs to get to a specific return I target and analyze the risk that is involved. 70% may be an initial metric to see if it is even worth pursuing, but every deal should be evaluated independently based on costs, time and risk involved.
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3 January 2025 | 42 replies
It's important that anyone reading your claims about BAM understand the risks involved in these investments and that it's possible if they send money in they will never get it back out.
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31 December 2024 | 32 replies
If the turnkey company gives us an idea what the property is worth, our verification doesn't go back to the turn-key to question about the value, no we instead turn to third party i.e. independent re searches that verify the value - and same with all other information given to us by turnkey companies, realtors, sellers or whomever your are interreacting with."
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9 January 2025 | 44 replies
You will need to find partners, you will need to travel to where you wish to invest, you will need to understand the ins and outs of the business by being actively involved and treating it like a business and not some super passive investment.If you don't want to do that work I suggest you just put that 200k into some sort of diversified mutual fund that can make you 10+% on your money without any of the work of real estate.At the end of the day this is just my advice and I'm only a stranger on the internet.
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28 December 2024 | 8 replies
They had named him Rommel on purpose, as they were involved with prison gang life and some people.. well I guess they simply choose to not reform or adjust.
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30 December 2024 | 7 replies
Completing AP requires the other party to file a suit in court during which the judge determines that the case has merits, and ultimately transfers the property to the filer.
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28 December 2024 | 6 replies
I'm looking to get involved in this space, too.