Sean Gallagher
Scaling out of state while busy working my W-2
12 January 2025 | 23 replies
@Sean Gallagher not a sales pitch, but this is what we provide for investors in Metro Detroit:)Understand that if you hire the latest & greatest PMC, many grow using poorly trained VA's. - Your portfolio will suffer:(You want a PMC that has great systems in place, including a great portal where you can keep tabs on eveything.You will also need to manage your PMC on a regular basis.
Account Closed
Paying off Rental or Primary
31 December 2024 | 8 replies
Hi Raif, Could you provide interest rates and payoff amounts?
Seth Williams
Alternatives to regular long term rentals, Sober Living or Group Homes?
29 December 2024 | 3 replies
I’ve worked for some group home providers where they employ a maintenance worker who handles some of these issues (usually if the have multiple homes in a specific geographic location) and I’ve worked for homes where the handiest employee fixes things and that option doesn’t always have the best outcomes.
Wilfredo Miron
Pros & cons
26 December 2024 | 6 replies
We use Propstream but I am looking for some added info that Propstream does not easily provide @Sean OToole is the owner and he has built an incredible platform..
John McKee
Looking back on 2024
3 January 2025 | 7 replies
The real property investment can be repositioned if it proves disappointing in its original form; it can be refinanced or recapitalized if it has too much or too e pensive debt; inflation over time bales out many bad purchases, and finally the investors knowledge, experience and abilities can be leveraged to turn around a cash flow negative property.I’ll provide an exampleThree years ago we purchased a note from a bank secured by two auto repair facilities with a large amount of excess land.
Jeff Skinner
New Investor Ohio
1 January 2025 | 14 replies
The insights shared by the Realtors, @Zeke Liston, @Jimmy Lieu, @Nathan Gesner, @Samuel Diouf, @Sam McCormack, @Min Zhang provide a solid foundation for anyone starting out in this industry.From a property management perspective, it's great to see you're considering the long-term rental strategy.
Alex Hymanson
Self-Storage Opportunity - requesting guidance
3 January 2025 | 7 replies
Really appreciate any insights that you can provide!
Mohammed Islam
Seller trying to keep EMD, financing fell through.
1 January 2025 | 8 replies
The agreement is contingent upon the buyer securing financing which I was not able to do and have provided a denial letter.The seller is requesting money for damages because the appraisal came in at the purchase price but needed a heat installed in the kitchen which the seller agreed to install (Not in writing).
Patricia Smith
Any Recommendations property management comp. in Cincinnati, OH?
2 January 2025 | 13 replies
The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!
Katie Southard
Selling Rental before Cap Gains Timeline
8 January 2025 | 10 replies
So we had it on our personal return last year and i won’t detail it but it was a bit sketch when we had to provide financials (we can redact mine but not hers long story).