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4 November 2024 | 10 replies
1) Rarely paying asking price or even "market price" for a property.2) Understanding how they may be able to reposition a poorly managed property for increased cashflow and value.3) Looking for creative financing, so they don't have to deal with a bank for a purchase loan.4) Understanding ROI, Cash-on-Cash, NOI, etc. and using those numbers to determine HOW MUCH they should offer on a property to meet their taget performance numbers.Funny, appropriate, recent interaction with a plumbing company.
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31 October 2024 | 9 replies
Hello @Tyler Bailey,The decision to sell depends on how the property has performed in relation to the requirements for an income enabling financial freedom.
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3 November 2024 | 20 replies
Would love to know who else in this post owns a STR in north GA and how they are performing.
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5 November 2024 | 28 replies
Next you want to form an LLC that will serve as the management company for your LLC and perform duties including rent collections and sign all contracts on behalf of the business.
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4 November 2024 | 34 replies
If the buyer has proof of completing multiple projects and their real estate agent has a documented business history they are probably not wasting their time playing a game about a POF as failing to perform is just a waste of everyone's time (may have legal fees incurred as well).If it's an unknown newly formed LLC, an offer with minimal cash to escrow, with a shady attorney and realtor, I'd then be taking a hard look at proof of funds.
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9 November 2024 | 87 replies
And that would be a MASSIVE income boost to the middle class who's been slaughtered the past decades.
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5 November 2024 | 34 replies
We've helped a lot of our members trouble shoot and make minor tweaks to their properties to improve the performance.
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1 November 2024 | 19 replies
I would also have a pre and post plumbing test performed.
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25 October 2024 | 0 replies
Driven by favorable interest rates and stock market performance, debt issuance has been the main capital driver.
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2 November 2024 | 8 replies
The setting in which the experience was gained plays a role in determining what constitutes a qualified and responsible person and what types of experience documentation may be acceptable.It goes on to list pretty much anybody related to construction fields, including homeowners you perform work for.