1 January 2025 | 24 replies
A prudent investor doesn't seek quick riches through shortcuts.

3 January 2025 | 45 replies
For lower value flips, 200 - 300k, we stick to that range as the projected profits doesn’t have much room for an inevitable rehab oh-$hit.

7 January 2025 | 28 replies
It might seem like a kindness to provide a printer to a traveling professional, but until they invent one that works on every device, every time; that doesn't need paper at two in the morning; and has cheap toner that refills itself, we will pass on that amenity.I am sure there are other examples for all 4 quadrants, but like @Allen Duan wrote the important thing is to look at amentities through the lens of the end user (with an eye towards the "competition").

31 December 2024 | 5 replies
Since you are new to the market, you can look at what the top rent pulls look like and cater accordingly on the design.You always want to build relationships with contractors, but that takes time and you always need a solid bench, just like in basketball because some days your starting plumber just doesn't show up and you need to bring in the backup.The rates are the rates and they aren't going way down soon so it's just part of a different metric to evaluate in your new market.Good luck!

4 January 2025 | 67 replies
He doesn’t contribute any of the cost.

27 December 2024 | 3 replies
A prudent investor doesn't seek quick riches through shortcuts.

30 December 2024 | 7 replies
From my understanding doesn't seem as though it would pass through, rather the fund would benefit and therefore returns would be better.

27 December 2024 | 18 replies
It doesn't make sense to you because you still don't understand the strategy.

26 December 2024 | 2 replies
I was going through the rent control laws ( I know, should have done that before purchasing the property ), and a section stands out. https://ecode360.com/30526708#42037155Based on what I can read, the rent control chapter doesn't apply to: Dwellings of three and four units, at least one of which is occupied by one or more of the owners thereof.My understanding is that rent control doesn't apply to owner-occupied multi-units.

9 January 2025 | 44 replies
If I understand what you're saying correctly, no, it doesn't have any balloon payments.