16 October 2024 | 11 replies
I would go extra on the due diligence e with this one or pass.Usually if the owner does not keep good records, it is a sign of how the treat the property, so, when they cannot provide it, I usually pass on them unless it is a killer deal...
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16 October 2024 | 9 replies
The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!
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15 October 2024 | 8 replies
They had extra challenges of language, culture, and education which they overcame.
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16 October 2024 | 10 replies
If you need extra funds, explore hard money financing options again.
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15 October 2024 | 9 replies
I call it the BRR"R"RR method, where the extra R is waiting for the Rate drop.
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16 October 2024 | 5 replies
multiple steps or extra LLCs are ok.
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15 October 2024 | 24 replies
So, if they offered you $28k and the public adjuster gets you an offer of $38k, that the adjuster just takes a cut of the $10k extra they negotiated for you.
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15 October 2024 | 5 replies
It's just one extra manual step I wish I didn't have to do and I wish I could just post a link on my rental ads.Otherwise overall, no complaints, I've enjoyed using it and plan to continue using it in the future
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14 October 2024 | 4 replies
I would like to have at least a couple properties before moving out of state that will at minimum break-even on cash flow as a LTR with property management long-distance.Other info:Looking to move out on Memphis with my wife in the next 2-4 yearsLooking to start a family in the next year or soComfortably have ~50k ready to invest sitting in HYSA, excluding Cash reservesHave an extra ~$70k in stocksMost interested in A- to C+ neighborhoodsI currently own & live in a 2/1.5 Condo locally (3.5% interest rate)Not allowed to rent it outHOA fees have risen to where PITI + HOA = $1100/mo.Have ~$100k trapped equity, good zip code I could sell quicklyOption A: Purchase another primary home locally I could live in for 2 years (lower interest rate), with intention of eventually converting it to LTR when I move out of state.
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14 October 2024 | 3 replies
That way, you’ll have control over the operation and might be able to squeeze in a few extra bookings to pad your numbers.