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14 October 2024 | 20 replies
My best advice is to work with someone who has your best interests at heart and can easily plug you in with their network of trusted GCs, lenders, PMs.
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14 October 2024 | 4 replies
Resist the temptation of buying what your family wants and instead buy something you'll be able to easily rent when you move!
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11 October 2024 | 26 replies
If you have it under contract and tell them You’ll be having the work done in the next 2 months most of the time it’s a free estimate since they’re trying to win the business.
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11 October 2024 | 1 reply
Came across the area from a co worker as an out of state investor and realized that certain areas are able to hit the 1% rental target easily.
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11 October 2024 | 5 replies
Being aware of not biting off too much at one time is a skill, and it seems you have it.Real estate is all about incremental wins and, maybe most importantly, staying sane and JOYFUL while doing it!
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12 October 2024 | 15 replies
I have a staff of Maintenance Techs and we fix lots of items for a profit while at the same time saving the owner money, win/win.We are transparent company, and we provide all receipts upon request.
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12 October 2024 | 12 replies
They also allow the seller to get a higher purchase price.If they want $25k for the land if it’s cash up front, they could easily get something like $12k down + $400 a month for 5 years at a 10% APR for an owner-financed sale.
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10 October 2024 | 2 replies
Instead of real estate assets, their heirs can receive easily divisible shares in the Operating Partnership that can be much more easily liquidated upon passing of the estate.
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11 October 2024 | 4 replies
With regards to issues involving the contract, it's literally "Charlie Brown teacher" to my ears.Also, only offering MTM leases allows you to more easily mitigate a tenancy where someone is acting incongruent with your initial impression of them.
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10 October 2024 | 15 replies
I move along past the wins very quickly but sit with the normal and foreseeable challenges/issues for a really long time (and react like they came out of nowhere even though they are normal and did not).I've always been tempted to scoop up a house back home in IL.