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8 January 2025 | 8 replies
Starting with local credit unions is a good idea.2 - I recommend starting your search with a Realtor who specializes in working with investors.
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10 January 2025 | 8 replies
If the seller isn't responsive, then do like the idea of telling the tenant you tried, and see if they can get some free legal assistance from a tenant resource center.It is a good reminder as closing approaches to ask the seller to keep tenants updated on the pending sale and when ownership is scheduled to change.
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9 January 2025 | 13 replies
@Leslie L Meneus, while the forums can be pretty good, in-person networking and sharing ideas is much more valuable.
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24 January 2025 | 42 replies
No disclosure on the sewage problems or any of the interior rehab required as all the BPO listed was a mere $3500 repair estimate for exterior cosmetic issues.An out of state buyer would have no idea that his $90k "bargain" needing minor repairs was actually a $10k property requiring major repairs that exceed the value of the property.
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7 January 2025 | 7 replies
Happy to connect and share ideas!
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6 January 2025 | 11 replies
Here is a recommendation I have for you as you begin to figure out what area you want to invest in.This website is a great reference point for figuring out what each area is like. https://www.areavibes.com/It gives you a total LIVABILITY score for each street and zip code & discusses crime rate, schoolsUse this rating and classification system I have created over time to get an idea of the "Class" for the area - A class B class & so onHere is my rating & classification for each livability score.80 and above A+78/79 A76/77 A-74/75 B+72/73 B70/71 B-68/69 C+66/67 C64/65 C-60/63 D59 and below FBest of luck and let me know if I can help answer any questions!
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7 January 2025 | 5 replies
I love the idea of building something that not only turns a profit but also lifts up the community.
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11 January 2025 | 14 replies
Investors allow them to help because they are local but the truth is that they have no idea how to manage a rehab.
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4 January 2025 | 5 replies
Quote from @Owen Rosen: Quote from @Rod Hanks: It’s a good idea to have the insurance policy include both the tenant’s name and yours as additional insured.
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6 January 2025 | 3 replies
If they are for or against your idea.6.