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10 September 2024 | 19 replies
All the units look great and done in workmanlike manner but the 2bd/1bath unit has a funky set up and layout where it looks like it was pieced together.
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5 September 2024 | 1 reply
Hi,I set up my 1st LLC this year for a rental and start to realized that I can't do the eviction by myself anymore.
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5 September 2024 | 9 replies
We set up our infrastructure and are very organize and thorough, and through the year we made some significant progress and went on a learning phase to get better each day and closer to our first deal.As foreign investors we have to rely on hard money which gives a less edge, and face uncertainty with contractors not knowing real pricing and such.We are constantly on the look out for new investment opportunities.The problems we are facing right now is not knowing good contractors and the high competition on the MLS.We just started learning more about off market properties and sending direct mail.We would like to hear from your experience what should our next step be as newbie investors, and if there are some foreign investors here with tips.Thank you so much guys, best of luck to all!
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4 September 2024 | 3 replies
It wouldn't hurt to set up a meeting with them but don't commit to anything yet.There are many companies like them out there.
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5 September 2024 | 7 replies
Generally it would be "capitalized", i.e. set up for slow depreciation which does not benefit you in a 1031 scenario.
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4 September 2024 | 1 reply
My company would essentially do everything for the landlord: paperwork, finding the buyer, rigorously vetting the buyer, payment setup, delinquency protection, and anything else that comes with owner financing.
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4 September 2024 | 5 replies
Even says she has stayed the night there a couple times while getting set up locally.
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5 September 2024 | 4 replies
This setup allows me to maintain my current income while being physically present in Missouri to actively manage our real estate investments.My BRRRR Strategy:My goal is to identify single-family homes or small multi-family units that need some rehab work, ideally in neighborhoods with strong rental demand and growth potential.
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4 September 2024 | 13 replies
It's also harder as a small owner to find good services of handyman/cleaners than it is to do the other stuff once it is set up.
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5 September 2024 | 8 replies
It's an older home, and it's currently set up as a rental, which I think is part of the reason it's not selling.