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19 October 2024 | 16 replies
Being that you already have property management experience and feel confident in your ability to manage a single-family or multifamily property, it really comes down to your financial position.If you have a good amount of cash available to put a down payment towards the purchase of a property and maintain sufficient cash reserves (or if you have a partner you can work with who does), then there's nothing wrong starting off with a multifamily property.
24 October 2024 | 18 replies
After stressing it three times they sometimes ask: so you really want us to contact you?
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23 October 2024 | 15 replies
I interviewed 5 CPAs, three were firms recommended by other real estate investors.
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21 October 2024 | 2 replies
You’re neck deep in Paralysis of Analysis, a virus more debilitating than the Spanish flu, Bubonic Plague, and the latest virus du jour, Covid.I’m no different than you. . .well, I’m Italian, so I’m a better cook and I have three Uncle Tony’s who collect my rents.
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19 October 2024 | 7 replies
We are currently looking at three types: contract for deed, seller finance, subject to.The hurdle is, we both have no experience with special types of financing and have no idea who to talk to.
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18 October 2024 | 2 replies
Obtain estimates for planned renovations and confirm if the allocated budget is sufficient.
21 October 2024 | 4 replies
For example, title insurance on a $750k flip is not three times the cost for a $250k property.
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18 October 2024 | 3 replies
However, that's not sufficient.
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23 October 2024 | 28 replies
I also have strict quiet times for all three units and have not had any complaints.