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18 June 2024 | 83 replies
Many of those remote buyers will not be able to afford to fill up monster trucks and SUVs to make that commute to work.I'll be interested to see how zoning changes/increased density actually works.When I lived in CA almost all my staff lived with family.
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15 June 2024 | 30 replies
4) Poor Property Management - Where do you think a turnkey provider will put their best staff, on selling properties and making $5k+/transaction or on property management and making $80/month transactions?
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15 June 2024 | 30 replies
My staff knows that if an owner is calling that they need to do their best to answer that call.We do not allow the tenants to make repairs whatsoever.
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14 June 2024 | 13 replies
Its tough to answer without knowing where you intend on going, and what your staff's strengths are.
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12 June 2024 | 1 reply
They can do pretty much any type of inspection and have engineers on staff.
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13 June 2024 | 12 replies
Depending on your exit strategy you would execute as normal to flip or Refinance after Rehab with the BRRRR Method on this type of a property.
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14 June 2024 | 25 replies
From personal experience, MLS deals are much less lucrative given their higher price points (typically).With respect to financing, you can talk to any of the hard money lenders on this site for different financing programs they offer (some are tighter with someone who has not yet executed a flip), you can take equity out on existing properties you have, you can use private loan from a friend or relative.
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14 June 2024 | 28 replies
It all depends on the execution though but it's a risk I would take.
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14 June 2024 | 15 replies
If you are, together with the fact that you execute trades and maintain accounts for your customers you're a broker.You market to the least sophisticated, smallest investors out there.
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12 June 2024 | 2 replies
I haven't seen financials but they've stated their net income is 30% (spec) and 20-25% (full custom), shovel to keys in 8-9 months.I'd like to help them execute an outbound S&M strategy but I'm new to this side of the RE world (I was a mortgage lender in a previous life and have some familiarity) and I'm trying to learn more about it.