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17 February 2025 | 7 replies
This has never NOT paid off for me.
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19 February 2025 | 11 replies
I use a point system for screening; applicants get positive points for positive aspects, lose points for negative aspects, and I have a point threshold for each property.
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24 February 2025 | 2 replies
For finding my first properties, word of mouth and local networking worked well, plus reaching out to hosts on Airbnb with personalized messages.When pitching, focus on how you’ll add value (like boosting reviews or optimizing pricing) and avoid coming off too salesy.
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20 February 2025 | 6 replies
Even more exciting, I’m already getting my second property under contract tomorrow with my partner.A huge thanks to everyone for the incredible content!
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24 February 2025 | 4 replies
Yes, @Blake McWilliams is right, you can assume a loan with the 'Assumptions Dept'...but be prepared for a long wait.
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21 February 2025 | 4 replies
Ask for 2 landlord references and see what they say.
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22 February 2025 | 8 replies
She is now in arrears 3 months and has agreed to deed the land back to me and take a Promissory Note for the balance 30K.
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20 February 2025 | 7 replies
I compared other properties in terms of age, sq ft, acres, beds, baths, basement, garage and a subjective measure of interior condition.I have a huge problem with the automated comps (Zillow, RPR, etc) because they could not account for the interior condition.
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24 February 2025 | 4 replies
I would do some online research into Realtors in your area to see if you can make a connection.As @Michael Dumler pointed out, wholesalers are going to be a more reliable source for consistent off-market properties with margin.
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21 February 2025 | 3 replies
A 100-year-old home with structural concerns could mean costly repairs, so get a thorough inspection, especially for foundation and floor issues.