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24 February 2025 | 2 replies
Taking a property intended for a flip and turning it into a rental or vice versa have historically been viewed as the most common pivots but sometimes the best course of action is to sell, even at loss.
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14 February 2025 | 15 replies
Also, can any investors recommend a reputable property management firm?
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21 February 2025 | 10 replies
It's a free country, you can run your business how you see fit:)That doesn't really work for self-managing property owners or what investors want from the PMCs they hire.So, yes we find solid contractors at Home Depots on Saturday mornings.When's the last time you've been at a Home Depot during that time period?
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11 January 2025 | 9 replies
I would reinvest in a another property and use a 1031 exchange to detour taxes.
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26 February 2025 | 5 replies
Quote from @Maxwell Servais: I have a tenant in my 4-unit property saying that hot water runs out after about 10 minutes.
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18 February 2025 | 8 replies
To make it simple…the investor is trying to buy your property Sub2 and needs you to refinance it into a long-term loan First.The investor does not have to ask the bank’s permission.
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11 January 2025 | 7 replies
@Venka Pulla It’s frustrating when a property manager isn’t meeting expectations, but transitioning to a new property manager is typically straightforward if you follow a few steps:Review the Management Agreement: Carefully read your current Property Management Agreement (PMA) to understand the termination process, including any required notice period.
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26 February 2025 | 7 replies
Investors can find opportunities in both residential and commercial properties.
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19 February 2025 | 23 replies
And they essentially buy the property and then in 5 years, you refi and give them the down payment back.
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23 February 2025 | 5 replies
I would suggest look for a property management company to manage the property for you and slowly increase the rent yearly before selling.