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Results (10,000+)
Grant Stepanic 10 Steps To Take For Out Of State Investing
18 July 2024 | 2 replies
Options may include traditional mortgages, private lenders, partnerships, or even self-directed IRAs.Calculate all potential costs including property acquisition, renovations, property management fees, taxes, and maintenance.Property Selection and Due Diligence:Use your local team to scout properties that match your investment criteria.Conduct thorough due diligence including property inspections, financial analysis, and reviewing rent comparables (rental rates in the area).Make Offers and Negotiate:Submit offers based on your research and due diligence.Negotiate terms that are favorable to your investment goals, taking into account potential repairs or improvements needed.Close the Deal:Once your offer is accepted, work with your local team to complete all necessary paperwork and close the transaction.Ensure all legal aspects are handled properly, including title searches and property inspections.Manage Property Remotely:Hire a reputable property management company to handle day-to-day operations such as tenant screenings, rent collection, maintenance, and emergency repairs.Establish clear communication channels and expectations with your property manager.Monitor and Adjust:Regularly review your investment performance and financial metrics (cash flow, occupancy rates, expenses).Stay informed about market trends and adjust your strategy as needed to optimize returns or mitigate risks.Long-Term Strategy and Growth:Evaluate opportunities for portfolio expansion or diversification in the same or different markets.Continuously educate yourself on real estate investing best practices and market dynamics to make informed decisions.By following these steps diligently and leveraging local expertise, you can effectively navigate the complexities of out-of-state real estate investing and build a successful portfolio over time. 
Leeling Chew Vacating a Noisy Tenant in a Rent By Room Situation
22 July 2024 | 5 replies
The issue that concerned me the most has been the level of animosity and condescending communication that has been occurring between Steve and Sophie while trying to address issues.
Nick M. Buying occupied house at foreclosure auction
21 July 2024 | 4 replies
Eviction is really your only legal option if they are not communicating with you.  
Farman Wazir jacksonville FL rental market
19 July 2024 | 6 replies
See below and subscribe to this channel if you are investing in NE FL. 
Hai Le DSCR Loan Companies?
20 July 2024 | 4 replies
I would also look for reviews, licensing, and communication.
Tricia O'Brien Kokomo Indiana Property Management?
20 July 2024 | 22 replies
Moxie is definitely better, but the communication is still lacking.
Yochai Paz Experience working with Norada?
18 July 2024 | 11 replies
It's not for a lack of trying.I've asked him to try working some other channels to see what we can put together for you.Sorry for any slow communication; it's a crazy time in the markets and the low/tight inventory has made it rather challenging for everyone in the industry.I'll follow up with Micheal more tomorrow.Feel free to contact me anytime!
Ryan Daulton Accredited investors partnering
20 July 2024 | 13 replies
More importantly, Paramount (Prestige Fund), a large player in the industry has stopped distributions and communication is awful. 
Kate B. Recent Experience with LendingOne
19 July 2024 | 53 replies
@Denise Brown-Puryear I am about to close with LendingOne and the communication is subpar.
Carlo D. What would happen and possible consequences if I just pulled the trigger?
19 July 2024 | 5 replies
I previously posted questions on this channel about lending money on the paperstac platform.