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1 March 2024 | 0 replies
Fast forward to now and my dad now flips homes full time and doesn't have to drive around the US anymore (he used to be a truck driver).
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1 March 2024 | 19 replies
STR success is understanding the nuances of the market, price drivers, and positioning in order to stay in demand.
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29 February 2024 | 7 replies
Curious if the state of NH has any regulations on this type of residency transfer like if Im required to register my vehicle there and get a new drivers license or any other information that needs to be updated with my new "residency".
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29 February 2024 | 5 replies
For some reason, they will not release the original application, driver's license, SSN, employer, or references for the past tenant so I can provide the information to the new property manager to file for collection.
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2 March 2024 | 43 replies
Check with them if they're using operating partner and/or integrated partner, sometimes stupid issue like property manager can destroy potential investment as well.If you can read company balance sheet or 10K/10Q report, then you may dig dive easily into reading T12.Every Joe during good year can deliver 12% IRR ; but I told you, if you buy duplex on the same year with them, due to long term financing and hgher appreciation of residential asset, you could make 20% IRR above.If you really want syndication, find syndication in industrial space with good sponsor, the volatility in this space is much lower than MF and usually the sponsor is very experienced as well. you can start educating yourself from Aleksey LP education that I shared before, there're few sections there that maybe coming from my idea as well.
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1 March 2024 | 4 replies
I've heard of mentees who started cleaning up construction areas on a flip at the end of each work day or picking up supplies at Home Depot and delivering them to the job site.
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29 February 2024 | 8 replies
I am self employed , Uber driver.
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1 March 2024 | 34 replies
Many OOS investors set themselves up for failure because they don't invest the time to ACTUALLY understand:1) The Class of the NEIGHBORHOOD they are buying in - which is relative to the overall area.2) The Class of the PROPERTY they are buying - which is relative to the overall area.3) The Class of the TENANT POOL the Neighborhood & Property will attract - which is relative to the overall area.4) The Class of the CONTRACTORS that will work on their Property, given the Neighborhood location - which is relative to the overall area.5) The Class of the PROPERTY MANAGEMENT COMPANIES (PMC) that will manage their Property, given the Neighborhood location and the Tenants it will attract - which is relative to the overall area.6) That a Class X NEIGHBORHOOD will have mostly Class X PROPERTIES, which will only attract Class X TENANTS, CONTRACTORS AND PMCs and deliver Class X RESULTS.7) That OOS property Class rankings are often different than the Class ranking of the local market they live.Class A is relatively easy to manage, can even be DIY remote managed from another state.
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29 February 2024 | 18 replies
We were okay with that fee aslong as they delivered on their claims.
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28 February 2024 | 0 replies
To ensure that the title is insurable, the seller will need to take necessary actions, at their own expense, to deliver insurable title.