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14 January 2025 | 17 replies
The PMS around here are pretty terrible, I've worked with a lot of the larger ones in Cleveland and I think they just take on more properties than they can effectively handle and don't hire enough additional employees to make it work.
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24 January 2025 | 10 replies
My loan officer just came back to me apologizing for the oversight and informed me that the CD will reflect the right amount for cash to close.
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15 January 2025 | 14 replies
Find out why, see if you can learn/hire to fix that problem, and you might have found your niche.Do you know anyone or have a family member that is licensed in one of the trades?
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6 February 2025 | 10 replies
It turns out that we were never going to get paid out in the first place, and eventually found out some of my properties closed, but was still never paid out for them, but most of my properties simply just ended up dropping and i was never informed of it.
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13 January 2025 | 6 replies
So I can hire a PM company to just do the tenant placement part?
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20 January 2025 | 7 replies
This could work well if you’re looking for steady monthly returns and don’t mind managing tenants (or hiring a property manager).Selling could also make sense if you’d rather use the $500,000 to diversify into other investments, like buying multiple properties or even a short-term rental on the lake as you mentioned.
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18 January 2025 | 8 replies
That being said, I don't have the information I would need to say for certain, but that sounds as if that's a high price for the asset you're considering to buy.
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23 January 2025 | 11 replies
Try not to get overwhelmed as there’s a lot of information on BP and many avenues within real estate investing.When I was starting out, I was interested in so many strategies, but I discovered that I did my best when I focused on one or two and really built my knowledge around them.
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22 January 2025 | 9 replies
Welcome to the community and be ready for a huge amount of information at your finger tips.
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14 January 2025 | 19 replies
I agree with Miguel, build your system, then hire a virtual assistant and train them how to use it.