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11 December 2024 | 3 replies
Do you recommend using a general contractor, or would it be more cost-effective to handle it myself with subcontractors?
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13 December 2024 | 7 replies
Think of it this way, for example...If your rent is $2000 but it is vacant for 2 months that means your effective growth income (EGI) for a year lease = $20,0000But if you lower it to $1900 & it sits vacant for only 1 month your EGI for a year lease = $20,900You can play with the rent numbers & how long you think it could remain vacant, but at the end of the day the most expensive route is vacancy.
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13 December 2024 | 24 replies
With all of these tools I felt like I have what I need to be comfortable with running my own properties.
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11 December 2024 | 3 replies
.• What strategies or platforms have you found most effective for connecting with them?
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13 December 2024 | 4 replies
This effectively guarantees they will buy the loan at closing.
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5 December 2024 | 4 replies
It reduces the “bouncing ball” effect of tasks being passed between departments.
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6 December 2024 | 34 replies
Its much more cost effective to outsource things like skiptracing and direct mail.
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11 December 2024 | 8 replies
I have been battling with the credit bureaus for 15 years between 2 divorces, and multiple incidents of identity theft (the untold effect of military service).
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9 December 2024 | 11 replies
Vrbo has free price automation and analytical tools to compare the competition and see trends.
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18 December 2024 | 29 replies
And if you work hard, you can even find a cash flowing triplex or quad, so you can get a DSCR loan with little income to show.The comments saying it is hard are correct, but nothing good comes easy and it would be a big shame to forgo the #1 best tool in real estate investing, house hacking, without even giving it a chance.If you want to work hard to create something for yourself and your family, current or future, please reach out and I will help you look for a house hack that will kick start your investment journey.Best of luck!