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3 November 2024 | 15 replies
For simplicity, let's say 5 rentals or less you can get away with excel or other free REI-specific software.
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6 November 2024 | 6 replies
As long as you screen the tenants as best as you can to ensure they are the right fit for your property, you should have a great experience with them as well.
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6 November 2024 | 9 replies
Storage facilities, especially, can be a great way to diversify your portfolio without requiring too much hands-on management a good fit given your demanding career.Feel free to reach out if you need insights on financing options for these ventures or any advice on getting started.
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14 November 2024 | 40 replies
If the inexperienced investor knew how much work, effort, time, analysis, negotiation, organization, capital, and knowledge it takes to successfully find, identify, evaluate, and close on a property that fits the criteria that gurus falsely claim they see 100’s of every day, 99% of them would abandon their real estate dreams” and pursue ostrich farms, mink breeding, or setting up a “down line” to sell condensed cleaning products that their “upline” has an exclusive distributorship on for the southwestern quadrant of Bisbee, Arizona.
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6 November 2024 | 18 replies
You are free to run your business however you see fit, as long as you are respectful to your property manager and not bugging them about every little thingYou are the CEO, the pilot of the plane, the head chef, the one in charge.
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7 November 2024 | 4 replies
We are disciplined capital allocators, excellent communicators and highly accountable.
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6 November 2024 | 1 reply
**Proactive Steps**: - **Prepare for Inspection**: Ensure the property is in excellent condition, with all necessary safety items in place (e.g., smoke detectors, proper handrails).
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6 November 2024 | 5 replies
If you don't have an agreement with either one of them, select the one who you think would be the best fit to represent you.
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5 November 2024 | 5 replies
I initially wanted to buy something using the BRRR strategy that fits the 1031 profile.
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6 November 2024 | 6 replies
It's hard to give an answer without knowing your tenants, how many of them there are, what amenities are in the area, and more.If you had 10+ tiny apartments, a game room or fitness area may be attractive.