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4 February 2025 | 7 replies
I’d recommend using Excel or a tool like Trello or Notion to track what you need, compare deals, and stay on budget.
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10 February 2025 | 24 replies
I or a partner have done at least two of his boot-camps over the years, including his land & commercial property which helped us buy our first three land joint ventures-with-the-sellers a few years ago – never has there been subsequent illegal charges, but I do read thoroughly the agreements and immediately notate in my day-timer the required termination date for any company’s teaser or rebate.Again, I empathize with those who had bad experiences with any company’s or guru’s teasers, but I’d suggest rather than avoiding teasers and rebates, take advantage of them!
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20 February 2025 | 7 replies
Perhaps I could help with some recommendations for other contractors to bid on the roof and foundation or even a new property manager.
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20 February 2025 | 8 replies
Just remember anyone who has acted as your employee, attorney, accountant, investment banker or broker, or real estate agent or broker within the 2-year period ending on the date of the transfer of the first of the relinquished properties is considered your agent and is disqualified from being your QI.So definitely ask them for recommendations but they cannot act as your QI on the exchange.
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5 February 2025 | 5 replies
My property is fully renovated, furnished and ready for immediate occupancy, making it an ideal solution for families or individuals in need of temporary housing during their recovery process.I would greatly appreciate any insights, recommendations, or specific contacts that could help me effectively position this property in the disaster recovery housing market.I have one last question's lot of Insurance company stop writing policy in long island NY.
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6 February 2025 | 4 replies
The underwriting process is certainly more arduous than most acquisitions but through my personal experiences some of the lenders are far more knowledgeable about the requirements and make for a far easier process for both seller and buyer.
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29 January 2025 | 22 replies
Here's some basic copy & paste info that may help you make better investing decisions:----------------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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17 February 2025 | 9 replies
It does take 1-2 weeks to accomplish, so does require some effort and monitoring on your part, but sounds like you are a diligent self-money manager, so should be easy for you to accomplish.
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3 February 2025 | 56 replies
Pretty impressive Johnathan,As you stated, the majority of your spending in Detroit has been turnkey properties that required very little work.
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21 January 2025 | 10 replies
My lease requires professional carpet cleaning, which would cost more than $500 for a home of that size.Yes, it's reasonable to reduce the cost because she was such a long-term tenant.