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31 December 2024 | 57 replies
If you can't, then notify the tenant that she will be charged if the visit is unnecessary.The tenant does not get to choose when the vendor shows up.
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1 January 2025 | 22 replies
For the bedrooms and bath, choose colors from the rug, and use them, you can't go wrong!
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3 January 2025 | 11 replies
I accepted a tenant into a B class rental a few years back who was making low 6 figures at the time as a union boiler-maker but had NO CREDIT SCORE!
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3 January 2025 | 2 replies
There are a lot of hotels right now that are failing and going under due to low cash flow -so its a failing hotel.
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4 January 2025 | 4 replies
The only caveat with that loan is that you'll need to purchase in a low to moderate-income tract.
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31 December 2024 | 22 replies
Quote from @Nate Meeker: Great insight, I am personally choosing not to file these for clients, but am providing a free guide to help them.
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2 January 2025 | 0 replies
I have purchased the following books:ABCs of Buying Rental Property The ABCs of Property Management The ABCs of Real Estate Investing The Advanced Guide to Real Estate InvestingThe Book on Investing in Real Estate with No (and Low) Money DownWhat order do you recommend reading them in?
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2 January 2025 | 0 replies
I made a low offer and it was accepted.
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4 January 2025 | 35 replies
If I were to start today, I would still choose to do the same thing - house hacking.
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4 January 2025 | 14 replies
But the answer for everyone may differ.Here are the personal attributes I see in those able to achieve a higher than market ROI, enough higher to be able to “scale”.1- Knowledge of real estate principles, real estate law and real estate finance2- Minimum 3 -5 years full time, or near full time experience directly related to real estate investing3- Ability to utilize technology for increased efficiency, capacity, and accuracy4- Excellent hired legal counsel and excellent hired marketing help5- Established method(s) of obtaining consistently high QUALITY deal flow6- Ability to manage and choose people who are NOT employees: Attorneys, Appraisers, Mortgage Brokers, Real Estate Brokers, Title Companies, Surveyors, Marketing Specialists, Accountants, Contractors, Consultants, Property Managers7- A VERIFIABLE track record of success8- Ability to identify, analyze, and negotiate a deal that can be “worked” for “enhanced” ROI9- Some type of competitive advantage; for example for me it’s my ability to analyze and identify mortgage loans that are actually less risky than all other lenders believe (on the investing in debt side), and on the real property side it’s my ability to analyze”pull the trigger” with LESS information than other investors need, combined with the ability to pay cash, or raise significant capital almost instantly as well as being able to obtain loans at the lowest prime customer bank rate with no recourse or personal liability.