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30 December 2024 | 4 replies
He left his job last year and my team found him a property to flip.
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1 January 2025 | 0 replies
You don't need to save up $100K or quit your job today in order to become a successful investor.
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30 December 2024 | 10 replies
Given they are going to damage the walls while moving anyway it eliminates their need to touch up the halls and I can usually schedule to have one painter knock out multiple units in a day but even if its a one off sale, it comes across as good service for a small amount of money.In a storage area within the house or garage I will leave an unopened box of each tile, and flooring used in the house along with unopened 1 gallon buckets of the wall and semi gloss paints and one of each door hardware (kitchen and interior doorway.
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31 December 2024 | 5 replies
I'm doing quite a bit myself but the cast iron part is a job bigger than I can handle.Any recommendaitons for rough-in plumbers in NJ and willing to travel about 15 miles outside of Newark?
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6 January 2025 | 31 replies
Can they be more passive than having a 9-5 job?
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1 January 2025 | 2 replies
A client of mine recently invested there and raves aboutt the ease of finding solid contractors who stick to the budget.One piece of advice: before jumping into any market, spend time understanding the local economy, demand drivers (like job growth and population trends), and the landloard laws.
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7 January 2025 | 12 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.
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9 January 2025 | 44 replies
well thats part of the job checking out your collateral.. :)
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2 January 2025 | 25 replies
STR it will cost you big.this isn't a difficult job depending on the fridge location.
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21 December 2024 | 1 reply
I also reccomend lining up a contractro early, realy early, from what I’ve heard, so you can keep everything on schedule and budget.So now that you’ve tackled what most investors would call a major job, do you see yourself repeating a similar strategy.. or do you feel like branching out into something else?