10 January 2025 | 5 replies
Hey @Chris GarnesI just came across your post, and it immediately reminded me of a project I handled with a colleague in San Diego, Dennis Bragg - https://www.biggerpockets.com/business/page/3607 - You’re sitting on some serious potential with these two properties, and your plan to step back from construction while finishing them makes total sense.For Home 1, with no mortgage and a prime design upgrade underway, you’ve got flexibility that most investors would envy.
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10 January 2025 | 2 replies
While may not have high amount minimums, they may have a minimum $ threshold for cc processing, Ours is $0.60, with a discounted plan that could be a few as 8 records.
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16 January 2025 | 7 replies
Top 3 reasons owners hire PMCs:1) No time to manage correctly2) No time to learn how to manage correcly: laws, documents, processes, etc.3) They're too nice and need someone to "save them from themselves"A good PMC can usually earn their fees by better managing the property/tenant than the owner, thereby:1) Increasing owners net profit2) Decreasing owner's time commitment, stress, headaches, etc.No matter what though, you should always plan to commit a couple of hours a month to manage your PMC.
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13 January 2025 | 31 replies
Someone planning on stealing anything of worth is going to do it while you are gone.
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7 January 2025 | 2 replies
Quote from @Dmytro Shcherbitskyi: Hi everyone, I’m planning to syndicate my first real estate deal and would love some guidance.
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12 January 2025 | 6 replies
Cash Flow Management: If you take out additional debt, it's crucial to have a plan for managing your cash flow. 4.
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9 January 2025 | 9 replies
I know when you make an offer you typically specify how you plan on funding the deal.
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8 January 2025 | 6 replies
At this point, I'm planning on contacting the county and the auditor, but before I do this, I wanted to find out if anyone on here has had a similar experience in Cincinnati and if they've found any success in appealing property taxes.With gratitude,Trevor
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9 January 2025 | 0 replies
My goal is to rent it out to start generating some cash flow.I’m planning to remodel the kitchen soon, and once that’s done, I’d like to move out to make the apartment available for renters.
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12 January 2025 | 5 replies
Short term it is difficult to make the numbers work, the cost of new construction and the time it takes to zone-plan-build are usually the main reasons why private investors stay clear.