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25 October 2024 | 16 replies
Any tips or strategies that are working well for you right now?
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25 October 2024 | 10 replies
Thats a great tip!
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24 October 2024 | 5 replies
(about $20K in profits) I've developed and perfected a strategy to manage these tenants (and I'm a Hilton/Marriott hotel General Manager so its not difficult for me)The only thing(s) that are in our way from scaling quickly is;1) a consistent unlimited supply of tenants looking to rent bedrooms, 2) a partnership with a rental management company (we arbitrage 50% of our homes)3) I guess some capital but really only depending on how quickly we decide to scale.MyRoom is the name of the company, (lazzarapm.com) anyone have any thoughts, recommendations, suggestions on how to achieve this, FAST?
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25 October 2024 | 9 replies
I'd love to hear about your experiences—what works, what doesn't, and any tips for making remote property management easier.
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25 October 2024 | 23 replies
These areas are more affordable and still within driving distance so you can visit and oversee renovations easily.My best tip for BRRRR as a beginner is to build a solid team—make sure you have a reliable contractor, property manager, and lender who understand the strategy.
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24 October 2024 | 7 replies
I am looking for any tips on how to structure my LLC as well as the best cities for Ohio.
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24 October 2024 | 10 replies
.- I can invest across different types of deals unusual or difficult for a smaller investor (multi-family, opportunistic/distressed offices, hotels, etc.).- I don't need to put up as much upfront equity as I would need to for doing it myself and I can use that capital across multiple deals.- Pricing 'should' be better from the perspective of fees, contractors, rates, etc. that the sponsor gets vs. me as a solo investor.- I don't care if the investment is less liquid vs. an ETF or REIT and I would aim to hold it for 5+ years at the bare minimum.Some other questions I had and would appreciate any advice:- Is an average minimum of 12-15% irr reasonable for syndicated deals ($10mm - $100mm) with an experienced sponsor?