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3 June 2024 | 11 replies
Need the ear of power, it can probably be arranged.
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3 June 2024 | 16 replies
And it is only like 20 bucks/year like others mentioned so unless you plan on being locked in analysis paralysis for a year you will not even save that much...YES if you are buying turn key and plan on using property manager for everything.
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2 June 2024 | 7 replies
However, if you think it's better to invest more heavily in this area, especially when trying to secure off-market deals, I'm all ears.
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4 June 2024 | 10 replies
Feel" the true beat of the portfolio's income and expenses performance before using leverage to speed up the growth of your portfolio.Using cash only will protect your bottom line in scenario's like yours when the properties don't perform as expected as you won't be on the hook to cover the mortgage expenses.Just my bias opinion so take it with a grain of salt.I've also witnessed many finger pointing instances when others get involved.Like a new property manager, realtor, contractor, etc...I've had my share of bad experiences with realtors that threw my company under the bus and got in the investors ear to flog it at any price just so they can make a quick commission.It get's very messy, painful and pretty much turns into a disaster with the investor not knowing who to trust or what to do anymore.Similar to what you post about has happened to me and my company many times and if allowed the opportunity, we do our best to fix and come good.Some loose trust and faith and I 100% understand, but as soon as someone leaves the wing of my company there is not much that we can do because as I mentioned above, everyone else get's involved, has an opinion and the situation get's very messy.Having in-house property management is vital when such a "crisis" arises.I tried out-sourced PM when we first started and it was a disaster.We had no choice other than to bring it in-house.Hated my life for the first 5 years with in-house PM and fast forward 10 years, it has become our "golden goose" and a very well streamlined and beautiful business.From what I've seen and read on the forum and elsewhere it seems like RTR has a good reputation and what you have mentioned seems like a "worst case scenario".I hope RTR will assist you the best they can and all I can say is learn from the experience and don't give up.Do your best to weather the storm and focus on minutia.Don't have regrets and don't spend too much time dwelling on the past.Glimpse into the past to get guidance from what you could have done better and think ahead.Move forward smarter, more experienced and better.Wishing you well and much success with your future endeavors.
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3 June 2024 | 6 replies
Can I include this to above statement in their leases or anything that would be giving me a right to simply throw their stuff or them out by changing the lock key codes and never have to worry about anything else?
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4 June 2024 | 22 replies
Find YieldHeck... who knows, once I get to this level, I'll probably put 90% with a trusted and experienced sponsor, keep 10% locked away for a rainy day, and with all the cash flow donate and serve various charities around the world.
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3 June 2024 | 4 replies
I would not lock up 150K for a tiny bit of cash flow.
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2 June 2024 | 6 replies
.- I go to military training on the 7th.I have a good lock on my interest rate and afraid of doing the mortgage application over again due to a slight decrease in my current job pay but will be going up again in a few months and I'll also be house hacking once I own and solely live in the house.
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2 June 2024 | 37 replies
If anyone can recommend a less expensive brand that they think is great, I'm all ears.
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3 June 2024 | 6 replies
All of my options are around the same dimensions so I've been looking at gallon amount as a more accurate gauge of how many people would fit.Largo LS 5 person tub:- $3,358.0: 200 gallons- H 29.5 in, W 61 in, D 71 in- Includes: Control Panel, Cover, Ozone water purification filter unit, LED Display, Power Cord, Pump, SensorsMalta 4 person- $3,589.00: 240 gallons- H 30 x W 57 x D 81- Includes: Cover, Filter Unit, [Ozone water sanitation system], Power Cord, Pump Ohana Spas dual facing lounger- $3,705.99: 200 gallons- H 29.5 x W 71 x D 61- Includes: Cover, Filter, Ozonator, Light LS100DX- $2999.00: 205 gallons- H 32 x W 62 x D 71- Includes: thermal locking cover, ozonator, multi-color underwater LED light, waterfall feature, two cup sliders, filter