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14 January 2025 | 8 replies
I'm tempted to do what many have said which is to just use a debit card, but I get 2% back on a CC, which is not insignificant when managing dozens of vendors, and I really hate to change a process that's working because the software I chose is lacking a basic feature.
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17 January 2025 | 9 replies
It's a long-term learning process, but an interesting and often profitable journey - best of luck to you!
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7 January 2025 | 4 replies
We currently work with out of state investors and provide a full service approach which can be used by in state investors as well.When it comes to investing I'm currently in the process of closing on a partnered 4 Unit in Milwaukee WI.
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4 January 2025 | 67 replies
Have 89 acres we are in the process of buying.
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7 January 2025 | 8 replies
To continue with the 8-unit example, you again end up spending many multiples of these costs to build a comparable portfolio of single family properties.Another disadvantage of single family properties is that there is only one tenant per building and if they stop paying or if there is a vacancy, the entire cost of that property is on you and your wallet until you can fill that vacancy and get the rent coming in again.
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30 December 2024 | 11 replies
For that SMALL landlord, turnover/vacancy is VERY expensive because it takes them longer to prep and fill the vacancy and they are also paying the PM a fee for tenant placement whereas the large landlord is using their staff who is being paid whether they handle a turnover or not.
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9 January 2025 | 4 replies
I think smaller markets say sub 50k population would have a larger impact from one big move from a manufacturing facility or something like a Amazon processing center.
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7 January 2025 | 3 replies
I am looking to make a couple connections now during the moving process.
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7 January 2025 | 5 replies
Quote from @Michael Challenger: I have no qualms with hard money lending, but I need to learn more about the process and structure to these for typical deals so that I am more comfortable and in a position to reduce my personal risk and risk to investors as much as possible.
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28 January 2025 | 48 replies
This process is probably a 1-2 year process.