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30 December 2024 | 7 replies
Until whoever is sending you these opportunities has the conversation with you on how much you'd like to make on a deal, how you figure your ARV and how you plan a rehab/ costs they are likely going to continue sending you opportunities you won't find too appealing.
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26 December 2024 | 3 replies
Currently, I am making plans to setup to become a PML.
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19 December 2024 | 1 reply
Renovated: Added granite, high end finishes and fixures, landscaping, new flooring and painting throughout.
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2 January 2025 | 4 replies
Additionally, consider operational costs like cleaning, staffing, and marketing, as they can quickly add up.For management, outsourcing to a professional property manager or leveraging tech platforms for bookings and operations could streamline things, especially if you plan to scale.
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26 December 2024 | 15 replies
It sounds like you got a solid plan for your first investment.
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9 January 2025 | 16 replies
Sounds like a good plan, should have plenty of options available.I would be cognizant of any group you talk with on two areas, the location of the property including any potential concerns of it being 'rural', as well as the minimum purchase price and/or minimum loan amounts.
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12 December 2024 | 8 replies
One of our biggest clients plans on building more up there and meeting another GC or two would certainly make sense.
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21 January 2025 | 35 replies
It takes longer to get up and down on floor than it does to tighten bolts same goes for seat.
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31 December 2024 | 2 replies
I Know with my plan to acquire 5-10 properties in the next five years, at some point I am going to have to make 1-2 purchases a year.
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1 January 2025 | 22 replies
Below are some actionable steps I plan to take after identifying a market:- find a rock star agent by referral and/or calling brokerages and asking to connect with their top producing agents- find a rock star contractor by referral and/or yelp- have control over construction by setting per diems to incentivize contractor to finish the project on time, within budget, and with good quality- leverage my rock star agent's time to check up on the construction process (checks and balances)- hire independent handymen/inspectors to check up on the construction process for a flat fee (checks and balances) There's competition everywhere, you won't escape that in any market.