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27 October 2024 | 7 replies
Despite some success, landlords should consider backup plans like hiring a property manager or buffer periods.Good luck!
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29 October 2024 | 15 replies
@Jamaal Smith I would find out how much it costs to hire someone and do that.
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27 October 2024 | 16 replies
If they are not okay with that, either find someone who is or hire a runner that can take care of emergencies.
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29 October 2024 | 19 replies
"Hire fast Fire faster" Although I assume you mean how much to clean the property the first time?
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25 October 2024 | 14 replies
We hired an attorney and paid another $5,000 for legal advice.
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26 October 2024 | 5 replies
Maybe do a bit of rehab and increase rents, divide by cap and you see how much value you add to your property's "ARV". example4 units - $1000/unitARV $500klight rehab brings $1200/unit$200*4*12 = $9600 / let's say 8 cap = $120k additional property value ARV $500k -> $620kAdd appreciation, gentrification, more depreciation, refi.BTW a LLC is like $300 if you do it yourself or $500-600 if you hire a lawyer. $700-ish out of state.
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25 October 2024 | 9 replies
Hey Tucker, I would say hiring a local property manager is a game-changer for out of state investments.
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25 October 2024 | 14 replies
We've seen it happen as we've been hired many times to clean up messes and finish projects.
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27 October 2024 | 25 replies
They try to hire everyone else to do the work for them.
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24 October 2024 | 7 replies
I purchased a duplex in Lorain in May of this year and hired a general contractor (GC) I found on Bigger Pockets.