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29 January 2025 | 3 replies
Do you have a total price range you're looking for, or maybe a cost/door?
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15 January 2025 | 5 replies
I’d love to hear your insights or experiences managing properties with similar setups in Pittsburgh.
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24 January 2025 | 13 replies
Here are additional comments:1) Buying out of state removes any local knowledge you have from assisting in your success, including knowing areas, people and costs. - We always recommend buying your first rental locally if possible and DIY managing to learn as much as possible before investing OOS.2) Lots of crooks and incompetents in the PMC world:( They both cost you money.- As already stated, you'll have a small portfolio.
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19 February 2025 | 32 replies
Like any investment, there’s a learning curve—understanding which properties qualify, accurately estimating renovation costs to pass inspections, and managing typical real estate risks.Having a reliable maintenance and management team in place is key to long-term success.
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24 January 2025 | 5 replies
Even still, it could be said that I've still lost money due to my time on the tools instead of prospecting as a real estate agent (the cost of lost opportunity).If you can truly do 80%-90% of the work yourself (at acceptable quality levels) and you aren't sacrificing your time where you can get better returns for your efforts, then yes, it can work even up here in Canada.
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24 January 2025 | 7 replies
Sometimes, buying an existing property can be more cost-effective and less time-consuming and maybe require slightly less permits, etc.
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20 January 2025 | 62 replies
Costing them thousands and making them lose out on homes.
16 January 2025 | 1 reply
I’ve watched a lot of videos on how to screen and how to set up work with contractors, so I’m hopeful to build those relationships more in this area in the future.Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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7 February 2025 | 41 replies
I get that labor costs (along with everything else!)
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3 February 2025 | 5 replies
There are no upfront costs so why not establish a relationship with someone who actively represents real estate investors and move forward with vetting your ideas.Best.