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28 March 2024 | 35 replies
You get better service from a local firm than one further down the road, and the results may be better!
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26 March 2024 | 5 replies
About collecting rent through Zelle, though, there are a few key reasons why it might not be the best fit for you as a landlord or property management firm, especially in the long run:Zelle is Designed for Personal Use: Its features are great for sending money to friends and family, but it lacks the business functionalities that landlords need, like automatic rent tracking and late fees.No Rent-Specific Features: You'll miss out on handy features tailored for landlords, such as payment reminders, lease management, and maintenance requests.Transaction Limits and Dispute Resolution: Zelle has sending limits that could interfere with rent payments, and it doesn't offer the same level of protection and dispute resolution you'd get with services designed for rental transactions.Given these limitations, while Zelle might work for now, as you grow and manage more properties, you'll likely need a more robust solution that's designed with landlords in mind.
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27 March 2024 | 3 replies
Locate a mentor who can help you learn from their experiences and offer you individualized guidance.Even in an entry-level role, get experience by working for a property management firm or real estate investor.
25 March 2024 | 8 replies
You need a firm budget (you would be outsourcing too much of this to someone else.)If you want to house hack, but a multi and do it, but make sure the numbers look good for when you leave because in most markets they won't look great while you are there unless you can get 3 or 4 units.
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25 March 2024 | 2 replies
The company made the news in April when Arbor foreclosed on four apartmentcomplexes in Houston worth $229m, after which Applesway mistakenly served mass eviction notices to residentsof the foreclosed propertiesIcer is a New York-based investment firm that stated to industry publication Bisnow that it was seeking greenerpastures out-of-state seeking to escape New York’s regulatory environment.
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26 March 2024 | 39 replies
Right after that came out I started my own brokerage firm and have been working with house hackers ever since.
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25 March 2024 | 10 replies
We as a firm have investors working with us who have rental properties all over the US big and small.Finding a real estate-focused tax professional and one who can help with advisory and grow with you would be my suggestion to focus your efforts on finding.
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25 March 2024 | 5 replies
You did a good job of explaining your situation, but I would think I would have more questions before providing any firm advice.
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26 March 2024 | 47 replies
Having said that, I am getting much better at analyzing properties on my own and have a specific set of criteria a property MUST meet and perform enough due-diligence research that the chance of missing major red flags are getting smaller and smaller.And yes, as the overwhelming majority of foreclosures are either cancelled or "purchased" by the plaintiff (bank) and the limited inventory (at least in Hillsborough County) is often bid-up by neophytes or snatched up by large wholesalers and other REI firms that specialize in flipping C-class properties, there are few opportunities for us little fish.To keep myself motivated, I've been keeping a log of properties that went to third-party bidders (i.e. private buyers) which I could have bought had I been monitoring the auctions during periods when I was too busy to do so.
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24 March 2024 | 6 replies
I'm a vertically integrated development firm out of Columbus OH we are looking for a higher density deal between 15 million and 25 million all in and I'm close to putting one together. we are also looking to approach land owners to contribute underperforming land to our developments which is a win win strategy I have a letter I can get you some info on.