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1 February 2025 | 56 replies
I think that a part time investor can have success with syndicated offerings and triple net leased properties if they’re willing to learn real estate fundamentals, perform “due diligence” on the deal/sponsors/property and engage legal help.
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12 December 2024 | 6 replies
So, you, as an individual, may not get to the same rate that a MASSIVE national builder can...but you can certainly offer credits to the buyers to help buy down the rates.
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8 January 2025 | 29 replies
We offer many of the same services as this agent, but we have no problem with investors flying to Detroit to check things out - we actually prefer it!
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7 January 2025 | 8 replies
There's a world of possibilities out there, and each one offers unique benefits.You might find that single-family homes are readily available and could be easier to manage or sell if the need arises.
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30 December 2024 | 1 reply
Hindsight Critique•Continue to build relationships to increase deal flow•Property manager (Mercer Hughes) is critical to completing renovations and quick tenant placement•Continue to build relationships with private lenders and personal investors•Have cash available to make quick competitive offers Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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12 January 2025 | 23 replies
There is a company names Hemlane that offers that "light PM" service that may be interesting for you instead of a full blow PM company that may cost 7-10% of revenues.
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29 December 2024 | 16 replies
Quote from @Miguel Del Mazo: Nick and Nicole are offering great advice.
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2 January 2025 | 14 replies
@Vidit Maini Starting your business as an LLC taxed as a C corporation offers flexibility but involves double taxation unless you elect S corp status, allowing profits to pass through to your personal return.For tax savings, deduct startup costs, track business mileage or vehicle expenses, and consider a home office deduction.
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3 January 2025 | 12 replies
If the place is in decent shape I would offer to credit it toward the next month's rent and write addendum including no future pets.
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1 January 2025 | 14 replies
I know of a lender that offers a 0% down, owner-occupant conventional loan that is a fantastic option for househacking.