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27 January 2025 | 7 replies
Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.
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28 January 2025 | 6 replies
Typically, the investors I work with purchase properties in their personal names and then quit-claim the title into their LLC after the deed has been recorded.Markets like OKC, Memphis, and Little Rock offer some excellent, affordable growth opportunities, and I’d be happy to chat with you to explore these options further.
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2 February 2025 | 9 replies
The best option is to respond quickly and professionally in hopes that they move out.I would give the tenant two options: 1. vacate the rental in one week, leaving it in the same condition as when they moved in, and I will refund their deposit within 72 hours; or2.
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31 January 2025 | 17 replies
There are risky, but high return options like QQQ which grew 27% over the last year or on the other side / safe end, there are super secure short term US government bonds like SGOV which pays out about 4.5% in dividends.
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29 January 2025 | 6 replies
Happy to help you with either option, send me a DM.
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7 January 2025 | 5 replies
Several of the contractors offer helical piers but don’t seem to think they’d be a more cost effective option - we can directly ask about this again.
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17 January 2025 | 6 replies
Adding 16 small units can be very profitable, with enough profit for all those involved.
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19 February 2025 | 88 replies
Lots of people in higher risk zones are seeing 100%+ or even canceled policies with no option to renew.
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29 January 2025 | 32 replies
Build a solid foundation before taking a step up - each and every step of the way.There’s a way to scale recklessly and there is a way to scale safely.When OPM is involved safe is way better than reckless.Despite a life long career in RE, I scaled as followsBought a few duplexes for my own accountBought a fourplex for my own accountBought 12 units as a JV with some friendsSyndicated 43 unitsSyndicated 30 unitsBought another 12 units as a JVSyndicated 281 unitsThis was over a 3 or 4 year period.and so forth - now I am GP in close to 1000 units with $125M AUM.Even with all that, my sweet spot is 30 to 50 unit properties - they work best for my partners and I and more importantly our investors.
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24 January 2025 | 10 replies
Try to get an extended closing and/or options to extend the closing until you are ready to close on the sale of your relinquished property.