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4 January 2025 | 35 replies
The key is to zero in on one market and really dive deep into understanding it.
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11 January 2025 | 420 replies
I am just going to have enough passive income to do the things I want to do without having a w2.The key words seem to be "if needed".
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4 January 2025 | 14 replies
The key is you need to make that investment but also like any investment, realize you can lose it, especially if you are not experienced or do not have a plan.
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17 December 2024 | 4 replies
You could do this in the BiggerPockets forum, but building relationships with people from other states behind a keyboard is hard.
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17 December 2024 | 16 replies
Having the funds to handle evictions and turn units quickly is the key to stabilizing the property and protecting the investment.
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25 December 2024 | 28 replies
it was my version of cash for keys - only it was more an agreement to not have their ability to rent again trashed for keys (definitely cheaper).Sorry you're dealing with this.
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23 December 2024 | 9 replies
@Gash Nookala,Renting can indeed be slower in winter, but here are some tips to boost interest:Enhance Listing: Ensure your listing has detailed descriptions and high-quality photos—consider professional photography if needed.Competitive Pricing: Double-check local comps; even a slight price adjustment or incentives (like a reduced deposit) could attract more interest.Broaden Marketing: Beyond Zillow, Hemlane, and MLS, use social media, community boards, and local business connections to reach a wider audience.Flexible Lease Terms: Offering shorter or month-to-month leases might appeal to tenants during this slower season.Local Property Manager: A local pro can tap into their network and help fill the vacancy faster.These steps should help you find a tenant despite the seasonal slowdown.
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29 December 2024 | 16 replies
I would add to the "sales" portion of the advice above that timing is key.
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22 December 2024 | 23 replies
Just the other day I saw someone had used black sheet rock screws in the hangers on a brand new deck (non-permitted obviously, and not a single lag or any flashing on the ledger board, and they painted it immediately before the pressure treated lumber had even dried out so that’s going to peal in the first year, at about the same time that those sheetrock screws start to rust lol).
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16 December 2024 | 21 replies
I do it about once a quarter but last year I only went over 3 times all year.Getting a good cleaner is the key.