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23 August 2022 | 3 replies
I have been telling all the wholesaler haters here on BP this for ages.
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11 November 2021 | 6 replies
My mother-in-law has been in property management for ages, and has spent the past few years vacationing in Mexico pretty regularly.
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27 October 2022 | 25 replies
How wonderful that in the end you are debt-free and can enjoy the fruits of your labor!
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16 May 2020 | 9 replies
I don't think stand alone websites really do much for agents these days.
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4 April 2020 | 3 replies
The LLC that handles all money is setup for that purpose.I would consult some other attorneys and get their opinion.My goal is to not be sued by taking care of my properties and tenants.Attorneys like going after low hanging fruit.
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27 December 2022 | 3 replies
Hey Tony, I love this for Agents in Charlotte!
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15 November 2022 | 12 replies
Not completely true, I think the same is true for agents and wholesalers.
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16 November 2022 | 17 replies
If it were mine, I would (probably) make the interiors up-to date modern so that it is not super obsolete looking in 10 to 15 years.I would do them as they turn--one unit at a time--and spread the financial hit out over time (both the added turn time and the added out of pocket).I would also check the water heaters for age (service life) too, as well as doing any electrical upgrades when the walls are open (adding additional GFCI outlets or etc...)My rational about this is would be, can the place get market rate rent simply by painting over the paneling (which seems low end to me), and what is the close in competition offering and getting in rent?
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20 November 2022 | 12 replies
Many multi-family properties can qualify for Agency Non recourse loans.
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22 November 2022 | 56 replies
The real estate market is cyclical - sometimes its more fruitful to work with investors, other times retail buyers.