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5 December 2024 | 6 replies
Given this is where my major operating expenses fell (beyond taxes and insurance), keeping this cost lower, by average, helps my cash flow.I invest in older neighborhoods, so the 2-4 unit properties, typically have single water meter, maybe single electric, and many have radiator heat with a single boiler.
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2 December 2024 | 7 replies
One of my friends uses comped quarterly cleaning as their inspection day and trains the cleaners to take photos and videos of everything.
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3 December 2024 | 1 reply
Recently, a real estate friend suggested I consider starting a title company, as he and his partners (primarily in commercial real estate, like strip malls) could bring business my way.While I’ve worked with title companies in my transactions, I’ve never explored the inner workings of how they operate.
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5 December 2024 | 13 replies
You could even try speaking with other property owners about their experiences -- there is a facebook group for just STR operators in Cape Coral and I'm sure you could find someone in there willing to share their experiences.
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2 December 2024 | 4 replies
These are professionals with additional training and a stricter code of ethics.
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5 December 2024 | 15 replies
Realty shares co founder started when he left RS . it but I cant recall his name.. you could google for it and see if they are still operating.
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5 December 2024 | 37 replies
@Vhernadette SasingI would look into finding an excellent operator and invest with them passively.
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9 December 2024 | 9 replies
As there is only a one lane asphalt driveway that goes between the building and the east property line the contractor will have to operate his heavy equipment there and will hurt tenant access and definitely damage the asphalt.
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26 November 2024 | 13 replies
Passive investing takes time up front to educate yourself, find operators and deals - but after you invest, you have limited obligations.
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2 December 2024 | 1 reply
Try researching organizations like Oxford House, which operates sober living homes nationwide, or check directories like TransitionalHousing.org for recovery housing programs in your area.