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26 February 2024 | 12 replies
Rushing and buying a property for 200k, chasing rents, dealing with evictions, constant repairs, and seeing baby appreciation over the years is not the best moveSaving up a bit more, buying in a more solid location that has higher quality tenants and larger room for appreciation will usually play out better for you in the long run.
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26 February 2024 | 29 replies
Add $800 for paint, floor covering and essentials plus my laborer for 2 days and my total cost was about $1400.I painted the 30 1200 to 2700 sq ft homes in Las Vegas with two helpers including ceilings and it never took more than two days to paint a house and that included removing all the electric wall plates, dropping ceiling light fixtures, removing smoke detectors, cleaning windows, installing new blinds, cleaning bathroom fixtures and it never took the 3 of us more than 2 days because I am good at knowing how to get the most from my workers like a Lakers coach knows which players to put on the court because the cost to do a paint job is not as critical as the time it takes because when I go to Las Vegas to manage a job I have to leave Los Angeles and my 20+ employees without my micro-management and "When The Cat Is Away The Mouse Will Play" if you know what I mean.I am a very difficult person to work for because I am 71-years old, a workaholic, a fast worker and when young workers are slow I fire them within minutes when they are working because I don't like to have to waste my time and stop the work I am doing to constantly check on my workers and I don't like to get emotional and have to keep correcting workers when they work sloppy and slow.
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25 February 2024 | 3 replies
Demand is growing a bit and I think there is still a little room to go, but as I mentioned before there are a handful of big players in the market and they have a good handle on the deal flow.
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25 February 2024 | 2 replies
the 1031 exchange will accommodate all of it - you can change locations, types, priorities, and risk all using the 1031. 1031 investors aren't all chasing one thing.
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25 February 2024 | 30 replies
I'll cut straight to the chase - I have $100k cash and I'd really like to buy a 3 or 4 unit multifamily.
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26 February 2024 | 29 replies
They'll look at the case in a different light than if you're offering to pay them hourly to chase the manger around court for a few years.
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26 February 2024 | 42 replies
Frame it properly: "You are going to help them solve a problem that they have"Focus on this one thing first before you start chasing other things.
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26 February 2024 | 20 replies
I assume that's the market you are chasing if you are looking at options where you will be leasing to PHA voucher recipient tenants.
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24 February 2024 | 6 replies
And of course, there are always the major players in most markets: CBRE, Colliers, Cushman, Marcus and Millichap, etc.
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22 February 2024 | 10 replies
Is it worth the time and money to try and chase the tenant to get him pay for the damages, monthly payment knowing that he did not give me a notice and damaged the property?