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17 November 2024 | 18 replies
You really have to practice preventive maintenance when trying to ensure a property will cash flow.Knowing the market and helping buyers with ARV potential is a huge step and creates a repeat/return buyer.
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11 November 2024 | 9 replies
All your first set of questions can be answered by looking online or calling several local competitors.Your accounting questions though, show such a lack of basic knowledge that you probably shouldn't be doing this until you have more experience.
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14 November 2024 | 8 replies
Research the market, use data analysis tools, build a team with experienced professionals, and practice deal analysis.
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13 November 2024 | 4 replies
Banks often have higher fees and less favorable rates, while online services like Wise offer more competitive options.As @Ryan Konen mentioned, other alternatives include Revolut for multi-currency transfers and OFX for large transfers without limits.
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14 November 2024 | 11 replies
There is a reason that most states (including Connecticut) require property managers to be licensed, one of which is that they are required to have basic education on the rules and laws governing the practice.
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14 November 2024 | 3 replies
Ive also heard of online marketing campaigns--targeted FB ads--that can be configured to only target users on your marketing list.
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16 November 2024 | 12 replies
Here are some numbers: Current PITI: $3,970Estimated rent: $4500-$5000 (there are several homes within 4 blocks of mine that owners have turned into rentals and I've been able to compare online pics to our home, so I am confident this is a good estimate)Sq ft: 1790Estimated sale price today: 1150000-1250000Mortgage balance: 612,000I would self manage.
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14 November 2024 | 2 replies
He is easily accessible if you find him online and he is a great guy.
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14 November 2024 | 2 replies
But wanted to get a second opinion if thats correct as in online videos i did not see something like this.thanks
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13 November 2024 | 24 replies
This isn't a requirement but best practice since we don't have public transit.We have two homes on septics.