21 February 2024 | 6 replies
I'm using five minutes of my daily wind down to vent a little bit.We own a 3 bedroom 1.5 bath SFR in Monroe, WA that had the same tenant for the past 5 years.
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21 February 2024 | 7 replies
Practice working out the numbers on many deals, search the market daily for the areas you are interested in.
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22 February 2024 | 21 replies
Then, once you figure out a plan with your lender, it's up to you to convince your basketball team of a family to follow your hair-brained idea.
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21 February 2024 | 42 replies
After months of research hours of talking, planning, scheming forming the LLC pulling our hair out etc...
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20 February 2024 | 13 replies
I thought about being my own GC but that could be problematic if not able to be at site daily.
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19 February 2024 | 5 replies
When I get to them, the home owner might think of me as his "fair-haired boy" and want to talk to me.
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19 February 2024 | 4 replies
Only a few buildings in Sunny Isles allow daily rentals AND some that do have restrictions on the time that the owner is allowed to reside there.For condo hotels (most buildings in Sunny Isles allowing daily rentals are condo hotels) you will need at least 35% down UNLESS you buy in a building that allows monthly rentals, in which case likely will need 25% down as none of them are warrentable.
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19 February 2024 | 6 replies
Has anyone else solved this issue by using some sort of insulation you can put between the joists in the ceiling to minimize the footstep/moving around noises you inevitably hear daily?
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19 February 2024 | 5 replies
Their inventory turns over daily.
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20 February 2024 | 23 replies
Here are some considerations and tips to help you make the most of your turnkey investment strategy:Pros of Turnkey Properties:Ready for Rental: After refurbishment, turnkey homes are usually ready for occupancy right away, saving you the time and hassle of doing repairs and improvements.Professional Management: A lot of turnkey companies provide property management services, taking care of tenant selection, rent collecting, upkeep, and other daily tasks on your behalf.Passive Income: Investing in a turnkey property allows you to immediately begin earning rental income without having to take on major maintenance or remodeling tasks.Tips for Investing in Turnkey Properties:Take some time investigating turnkey suppliers in-depth and select reliable businesses who have a proven track record of effective property management and satisfied clients.Make sure you have done your research about the property, its surroundings, the nature of the rental market, and its potential for long-term income flow.Analyze the financials of the turnkey property.Even though turnkey homes can generate rental revenue right now, think about your long-term investing objectives and plan.