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10 June 2024 | 0 replies
With a purchase price of $35,000 and a sale price of $50,000, the property promised substantial returns with minimal risk.
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10 June 2024 | 0 replies
With a purchase price of $220,000 and a sale price of $275,000, the property promised substantial returns with minimal risk.
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12 June 2024 | 47 replies
With our help, you can learn how to minimize your tax obligations and even purchase real estate tax-free."
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15 June 2024 | 87 replies
Its all fine when it all works but there is no way you can have perfection of 15k deals and not have some warts and some bad ones were the players just go dark and walk away which causes the underlying lender into a foreclosure.
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10 June 2024 | 15 replies
Might be a good idea to see if you can get equity financing on a small portion rather than the whole thing, to keep payments as minimal as possible.
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9 June 2024 | 20 replies
He had a basic undermount stainless sink that he threw in for minimal charge.
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7 June 2024 | 11 replies
Is it franchised or mom and pop.Your lease is meaningless if they go dark quickly.
8 June 2024 | 11 replies
What I see is there are many people from abroad who just want to park money here vs their home country due to inflation or some other reason who are willing to take minimal returns in exchange for principal safety.
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5 June 2024 | 3 replies
Things I've got down to minimal effort or fully automated: * Rent, security deposit, and fee collection* Basic accounting and tax packet creation* Listing vacancies* Lease signing* Applications, credit, and background checksThings I'm still dealing with directly ad-hoc or don't have a well defined process or solution in place for:* Requests and communication with tenants* Finding and coordinating service providers for maintenance and repair work* Scheduling showings and getting prospective tenants to make their appointments* Tenant turnover for move in and out* Keeping up with legal changes and lease template updates* Setting rent amounts* Lease enforcement - tenants are responsible for things like yardwork, routinely get letters from the city about weeds / tall grass, etc.Questions for the group:* What am I missing if I were to make out a checklist of an "automated property"?
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7 June 2024 | 0 replies
The minimal $2,000 renovation budget presented a low-risk opportunity.