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23 October 2024 | 10 replies
Here's a general overview of what might happen:Bookings Under Evolve: If you leave Evolve, bookings made through their platform may be tied to their system.
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22 October 2024 | 12 replies
You also will not be able to see the house and no one should buy sight unseen without a history of doing it.If you are talking about Auction dot com or Xome or Hubzu, those come with a buyer's premium on top of the sale price between 5-10% and often have ghost bidders in the system so you will see it keep getting reset to hit a higher bottom.As a new(er) investor, auctions are where you go to lose money and take on excessive risk.
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23 October 2024 | 4 replies
If you build your funnel and systems right, wholesaling can be a scalable, repeatable process.
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28 October 2024 | 40 replies
Guy was a true pro knew how to run his bizz.the next year same town Hamilton MT.. terrible no info sheet when you got there so could not figure out wifi..one of those stupid TV systems U cant figure out RoKU i think they call it .. jsut the worse.. then this last year kind of middle of the road furniture was old beds were bad house was clean and that was about it..
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22 October 2024 | 6 replies
Use this rating and classification system I have created over time to get an idea of the "Class" for the area - A class B class & so onHere is my rating & classification for each livability score.80 and above A+78/79 A76/77 A-74/75 B+72/73 B70/71 B-68/69 C+66/67 C64/65 C-60/63 D59 and below F
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25 October 2024 | 23 replies
Examples of pitfalls include purchasing in an undesirable area, not understanding the market values (vs. list prices), not knowing the rental values (current and market), inheriting bad tenants, buying a lemon, going rogue on renting and management with no contacts / systems / no legal understanding of PA and Municipal landlord-tenant laws, not having trusted resources and contractors in place, using out of state lenders or shaky financing, throwing lipstick on a pig when renovating a house and wondering why it's ARV isn't increasing, tenants are renting, etc.
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21 October 2024 | 10 replies
The architect should also be the one making the submissions through the eclipse system.
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23 October 2024 | 6 replies
I agree with Ashish, great pointing out that although creating a property management type system could open up capabilities for Solo 401(k) and SEP IRA contributions, it can be easier said than done.
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23 October 2024 | 10 replies
Duplexes often have shared systems (plumbing, HVAC, etc.), so make sure these are in good condition.Maintenance Costs: Older properties may have charm but could come with higher maintenance expenses.
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24 October 2024 | 33 replies
I decided that if I am to do this and put up with it I would get more involved with system to get a better understanding of their mind set.