14 September 2016 | 27 replies
Content is everything, John told me day one "Nick we need content" that is what I put out and that is how we are on 14 social media outlets as we try to take on Bolthouse Farms on web SEO that is not easy but go google Bolthouse Homes see what we put out.
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8 September 2016 | 12 replies
It would not be wise to leverage in any situation, in my opinion, without adequate reserves for the unexpected, however.
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9 March 2018 | 13 replies
To get there I am working on increasing my income and reducing my daily living expenses.I had a massive personal budget overhaul about a year ago and reduced my expenses as much as I could, all expenses are planned and budgeted and I know exactly how much cashflow I have each month if there are no unexpected expenses.Part of that is I am focusing on flipping/wholesaling property to build more capital and then use it to buy more rentals as well and focusing on increasing my J.O.B. income until I can do REI full time.I think either route can work, buying only rentals may be a little slower at first but if the equity and cash flow are managed well it can increase more and more.
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23 August 2017 | 2 replies
As we all know inspectors can be your worst enemy, they don't have to be your friend but you want to stay off their immediate radar..Code upgrades are usually only required if you pull permits.. to do upgrades,, but if for instance they do a yearly inspection and find you need GFI outlets in bath and kitchen you'll need to comply and get it taken care of.. along with what else they pick out that needs replacing or repair, once the door is opened up they have the right to write fix it orders until it's in good enough shape to comply with living standards.1. parking for your tenants.. forcing to register cars..
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15 June 2020 | 2 replies
Hi Nicholas, I may be able to help you out. Let
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23 August 2017 | 3 replies
You can built that back up...or the "worst case" is you take out a <insert form of debt here> if you have an unexpected cap-ex expense come along.
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11 September 2017 | 5 replies
Hi @Jake Hottenrott , If Jim doesn't work out let me know, I may have a referral for you.
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24 August 2017 | 3 replies
My father passed away a few months ago unexpectedly at the age of 52.
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3 May 2018 | 70 replies
It's mainly cleaning up wiring in the basement and replacing outlets and switches.If nothing else, this has been a great learning experience.
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29 August 2017 | 9 replies
Remember you will need your 3.5% FHA down payment and cash reserves for unexpected repairs/ vacancies.