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19 November 2024 | 4 replies
I ask because I've interviewed a number of general contractors over the years for my various real estate projects and am shocked at how the vast majority showed up to the job site to give an estimate in a vehicle that did not display their contractor license number or business name.Aside from this one issue, they'd often have great portfolios, long list of successful permits I could verify they pulled, great references, no complaints on their license, and had been licensed for over a decade.
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18 November 2024 | 12 replies
You think through the major systems in the house (roof, exterior or tuck pointing, hvac, plumbing, electrical, unit turns, common areas) and if they are all new you should be good for a few years (5-10).
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21 November 2024 | 39 replies
I can see the benefit in some cases, but for the majority of investors (especially those who don't even own a property yet or just have a few) the potential benefits of LLC's are 100% oversold by gurus.
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18 November 2024 | 14 replies
We've owned them for 20-plus years but the recent property tax increases have negatively impacted our cash flow as have major repairs such as roof replacements, AC units, etc.
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25 November 2024 | 36 replies
I haven't had any major issues, and customer support was quick to assist.
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19 November 2024 | 111 replies
So the one thing you train with it is not there in a majority of the places you go.What is there?
21 November 2024 | 8 replies
All with 55% down.Generally speaking, a location that is near a National Park or major attraction(s) are going to be the better locations for STRs.
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26 November 2024 | 25 replies
This is actually one of the main reasons many agents and investors may not like them generally speaking (they are often not serious professionals with a proven track record of success, the vast majority are struggling to find their first deal and are time-wasters to interact with).
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18 November 2024 | 9 replies
Also, the home is located near the following: major freeway, hospitals and healthcare facilities, located within 15 mins of downtown, plenty of restaurant options nearby, etc.
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19 November 2024 | 12 replies
He's a major hard money lender in town and has a fairly simple process to get quick funding.