
23 August 2024 | 21 replies
To me that should be rolled into the quote.

25 August 2024 | 12 replies
Might have to test some other background searches and stop doing things through TransUnion.

27 August 2024 | 13 replies
-Will activate heloc, seasoned the funds 3 months in external account, then go buy more properties.Overall need clarity on best way to fulfill these Business / Personal status/goals moving forward.While I hopefully build a relationship with some of you and get some answers, I am actively moving forward with the personal side of things and get the ball rolling on the heloc.Just need the categories I can run own accounts and hand over organized expenses, etc. what ever makes it smoother for the CPA.
26 August 2024 | 16 replies
Hi Jaden,I'm not a fan of hybrid turnkey models like the companies you mention.Also, not a fan of many turnkey marketing companies.Granted, I'm bias but if anyone is interested in turnkey just go straight to the provider.Not many around these days anymore and the one's that are, have stood the test of time and are obviously solid.I think it's less riskier nowadays to invest in turnkey properties than before because all of the poor providers have disappeared and only the good one's are still around.Plus, seems like the "hands off" and so beloved syndications are going belly up so turnkey might be in fashion again.And no big deal IMO that turnkey is not completely "hands off".Is anything completely passive other than 30yr Treasury Bonds?

25 August 2024 | 10 replies
That I'd like to Pre-buy, or be very earliest buy in development, I will help support there pricing, help build that velocity which there sales team can piggy-back on promoting to get those sales rolling, but they need to make it work for me.

24 August 2024 | 6 replies
Like roll everything over to a bridge loan?

27 August 2024 | 19 replies
Under the current system the commissions are just rolled into the price.The problem will be when an independent buyer wants to see a house but won’t sign a buyer’s agent contract because he doesn’t need an agent.

23 August 2024 | 2 replies
So I'm trying to learn everything I can as I search out my path to gaining the needed capital to get this train rolling.

23 August 2024 | 4 replies
@Robert Rixer, I don't know how creative these are, as many are common plays:Valet TrashFencing in first floor yardsProviding washer and dryers for added rentReserved, Covered parkingTech PackagesInternet and Cable contracts, with reimbursementsPayment Plan rents, with small service charge (i.e. bill 1/4 rent each week)Reserved Rental cabanas at poolPrivate pool party rental optionGolf Simulator in clubhouse - fee basedOn site, self serve car wash (quarter feeder style)Charged group fitness/personal training servicesGame room in clubhouse with monthly subscription for tenants (Xbox, Playstation, etc)Changing out high maintenance grass for astro turf or lower maintenance/lower water use shrubberyBut ultimately, I think a lot of NOI increases come from deep dive into understanding EVERY expense and finding ways to minimize them, and/or no outsource them.Train maintenance team on basic HVAC and appliance repairs (find way to get them licensed as needed)Buy paint sprayers for faster, easier turns versus having to hire a contract painter, and possibly repaint whole unit each timeStandardize all finishes, so you can buy in bulk, everything from hinges and door knobs to cabinets, paint colors, and light fixtures.Potentially get leasing people onto lower base salary with higher bonus potentialBulk/bundled insurance across portfolio (even better at scale is to self insure)Regularly test sprinkler systems for leaks.Non-NOI, but benefit to you: partner with insurance agency to get referral kickbacks from your tenant base for renter insurance.

23 August 2024 | 4 replies
They will also examine property rent rolls, leases, and expenses to verify the property fits their DSCR requirements.