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16 December 2024 | 17 replies
These homes tend to individually appreciate over time and are actually not bad places to live.The places with the lot rent you have to decide if you want to be in the mobile home business and buy the park.
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20 December 2024 | 8 replies
Whether you consider that good or bad depends on whether you are a buyer or seller.
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17 December 2024 | 29 replies
I worry about a renter with a good rental history being to cheap to put anything in but his grandmas avocado green range, cause it still "works".Not providing appliances in my area would also be a bad plan causing extended vacancies.
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15 December 2024 | 2 replies
Strategic Purchase: Acquired a discounted double lot below market value with a $17k impact fee credit.Custom Design: Built a 6-bed, 5-bath home tailored for co-living or multi-gen use, maximizing tenant appeal.Efficient Management: Managed construction, and self-managed operations to minimize costs.Premium Marketing: Furnished the property and used multiple platforms to attract quality tenants quickly, achieving full occupancy.What was the outcome?
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17 December 2024 | 13 replies
Some of their resources are more pricey than others but they are all quality.
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18 December 2024 | 7 replies
Then, obtain quotes from at least three actual contractors. ( insurance and all that depending on the work)You'll likely encounter three types of contractors:The Super Expensive Guy: Highly skilled but often in high demand, resulting in premium pricing.The Average Guy: Offers good quality work at a reasonable price.
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15 December 2024 | 4 replies
High-quality listing photos are essential, so hire a professional photographer.
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21 December 2024 | 20 replies
I talked to numerous California investors in real life and phone/Zoom calls who have lost money in far away OOS markets, mostly Midwest markets (e.g. repairs, capital expenses, bad tenants, properties vandalized while under renovation, evicted tenant stole all the appliances, property managers with high fees or overcharging for repairs).
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7 January 2025 | 16 replies
As a beginner you are green enough that you need to temper your enthusiasm to make sure you don’t bite at bad deals.
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23 December 2024 | 12 replies
Second: writing off the full cost of a new car is badly overhyped.