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1 February 2025 | 9 replies
They sell a 4 unit for close to 1 million dollars close to Jacksonville. they want 250k or 300k down. there's no upside. you can google the properties on biggerpockets and there isn't a lot of satisfaction. it's a slow return and get rich slow strategy. our focus is always as a builder to add maximum value, lower cost as low as possible, build and rent and build and sell the same product and raise prices to help investors out. we have a large market share and large purchasing power in our market in columbus ohio. the one strategy I never liked about turnkey new build brokerage companies like them and build2rent or others is they don't really build close to urban centers and most are single family homes. the numbers don't work on single family homes. if single family was the way to go more companies would be doing it. but by far the most common type of new construction built is three story walk up apartments.
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3 February 2025 | 5 replies
As you look to scale, just make sure to hold/build reserves for when repairs come up and take your time screening tenants as you will find a vacant unit is much less stressful than dealing with a bad tenant.
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22 January 2025 | 1 reply
He didn’t just answer my questions—he showed me how this game is played at a much higher level.
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6 February 2025 | 7 replies
I don't have any brand preferences personally (I use Fantasy Spas at most of my units but I'm sure there are alot of reputable options), but just make sure wherever you place it is built to handle that type of weight.
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12 February 2025 | 10 replies
By uniting our voices, we can strengthen our case and seek justice for the challenges we have faced.If you are interested in discussing this matter further or if you are aware of any attorneys who may be willing to take on this case, please do not hesitate to reach out.
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28 January 2025 | 11 replies
I do not recommend this level of tax fraud as the consequences can be serious.good luck
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6 February 2025 | 5 replies
If I would have bought a sustained portfolio with multiple units rather than starting with a single purchase I truly believe I would have lost a lot of money while my systems flailed rapidly attempting to catch up.
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29 January 2025 | 68 replies
The country simply does not have enough affordable housing units, and the new supply of affordable housing units is not keeping up with new demand.
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27 January 2025 | 11 replies
You've done a great job with keeping your debt low so I have no concerns about your level of discipline to use/reuse a line of credit.All the best!
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31 January 2025 | 6 replies
Yes, they are actually selling individual units as well