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6 January 2025 | 5 replies
So far I've had success with three deals and the equity gap was $20-45k for each of them and the rates were 3.125-4.25%.
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8 January 2025 | 5 replies
The numbers can look great on paper, but the success really depends on buying in the right areas, managing renovations well, and having a solid team in place for property management.If you’re thinking about buying, fixing, and renting, I’d recommend starting by learning as much as you can about the different neighborhoods.
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6 January 2025 | 0 replies
Let’s discuss what’s working to navigate these shifts and make 2025 a successful year!
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10 January 2025 | 17 replies
It seems like there are additional obstacles to success for me since I'll have to do pretty much everything remotely, but an expression that I like, and I'm paraphrasing here, "If the path you're on seems easy, you're on the wrong path"Would love any and all advice, guidance, comments, warnings or whatever else you'd like to share.
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9 January 2025 | 9 replies
These minor details are the kind that distract people from the path of success.
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9 January 2025 | 12 replies
It's just not how successful people operate.
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30 December 2024 | 15 replies
.✅ Thirdly, in regard to objectionable tenancy and nuisance caused by disruptive tenants, you will need to document these violations with undeniable evidence.Because police reports are not usually able to be procured due to disturbances like drug trafficking or domestic violence, you’ll need to take matters into your own hands on producing that documentation.I recommend getting security cameras installed in all common areas and outside your properties.I’ve used SimpliSafe security cameras but you’ll need to install WiFi service at your properties so that you can maintain recordings in the event of violations and add to your lease that any tampering with said cameras constitutes a lease violation as well.This is still developing and once we get further clarity, we will host a round table with legal experts on how to best protect our properties and residents.
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8 January 2025 | 22 replies
.- Experience: You’ve successfully navigated a purchase, rehab, and refinance, which are the core components of BRRRR.Considerations: - Budget Overrun: Being $27K over budget highlights the importance of tighter cost estimates and contingencies.
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3 January 2025 | 2 replies
Focusing on what you can control, like consistent effort, really sets the foundation for success.