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22 January 2025 | 4 replies
If you are trying to get a cash out refi, I would think the bank would want to see the correct type of insurance for the business you are running.
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22 January 2025 | 15 replies
Quote from @Michael Beirne: Hi everyone,Some business partners of mine are looking into BRRRRing in the Baltimore market and are looking to find a GC, agent, property manager and an attorney that could help us affordably close on properties.
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24 January 2025 | 2 replies
yes, its a people business.
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21 January 2025 | 5 replies
They make their money off of real estate agents, but real estate agents are the worst people to make money off because they are highly unreliable and in and out of the business when the market changes.Their target should be the consumer with higher levels that they can subscribe too for data, since Zillow is linked to the MLS now which makes their data somewhere more reliable.
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20 January 2025 | 9 replies
Just my personal opinion - get a mentor or a person who already has good experience running STR business, preferably in your area (but not 100% required).
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24 January 2025 | 18 replies
Make sure you do business with people you have vetted and are confident they will get the job done.
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25 January 2025 | 13 replies
If they are too busy or too lazy to answer a call or send a short email, what else are they too busy for?
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4 February 2025 | 11 replies
For structuring your business, consider whether you actually need an LLC or if umbrella insurance might be a simpler alternative.
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15 January 2025 | 2 replies
The Exclusive Right to Represent makes sense for prospective individual homebuyers, but for real estate investors, it seems unfair and limiting.
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15 January 2025 | 10 replies
For this reason, I teach people to set policies for renting to unrelated individuals.