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17 October 2024 | 8 replies
With more than one unit, the biggest difference is that you have tenants complaining about each other and the property picks up more of the maintenance, like lawn mowing.There is a huge difference when you get to 5+ units as those are valued using the income method.
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17 October 2024 | 2 replies
Pick their brain.Lastly, I'd make sure their insurance policy names you as an additional insured.
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17 October 2024 | 3 replies
You can read through the forums here, see what resonates with you, then pick an investment avenue that you would like to get into!
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17 October 2024 | 20 replies
I just picked up two in MH that will rent for 1800ish,
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16 October 2024 | 4 replies
When working with Civil Engineering, Is it best to simple pick on firm and go with them, Or is the 3 quote rule in effect at this stage of the process?
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16 October 2024 | 1 reply
So they'll help you pick the finishes and hand you a shopping list and then you do the rest DIY.
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17 October 2024 | 12 replies
It isn't something you can pick up in a few Forum posts.Honestly, if you need private funding, you're best off finding an experienced private lender and doing at least one deal with them to at least see what's involved, long before involving your friends and family.That is, unless you don't particularly like having friends and family...
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17 October 2024 | 20 replies
If you have strong ties to Cleveland, and know it really well, and have a killer MTR PM picked out... that's great!
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17 October 2024 | 1 reply
In this post, we’ll explore the key considerations and weigh the pros and cons of making the switch.Why Investors Use Multiple Carriers in the First PlaceMost businesses start with multiple insurance carriers for a few simple reasons:Cost – When starting out, investors may opt for the most affordable insurance options, which often leads to picking different carriers for different coverage areas.Specialization – Some carriers specialize in certain locations/aspects of the property.
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15 October 2024 | 7 replies
To be successful right now in STR, you either need to go all out and beat everyone else on their table stakes (pickleball, basketball, game rooms, saunas, hot tubs, etc.) or you need to understand the market better than anyone and pick a niche for that market.Right now, you are one post in and just asking for someone to tell you anywhere in the United States to invest, which is silly.