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25 March 2024 | 11 replies
I think it's just the nature of this industry.
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26 March 2024 | 22 replies
It's a nice advantage that you have a background in property management but naturally the first step here is to keep saving, pay down some of your debts, and boost your credit score.
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24 March 2024 | 14 replies
I think there might actually be a way to both grow your portfolio and respect his conservative nature using the 1031 exchange.You mentioned that your properties were held in cash.
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24 March 2024 | 11 replies
It only seemed natural to get into it as a full-time job.
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23 March 2024 | 4 replies
It's human nature (unfortunately).
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23 March 2024 | 21 replies
well in note funds your going to have clunkers its just the nature of the business.. having been in the HML space since the mid 80s personally NO ONE bat's 100 .
22 March 2024 | 3 replies
Seller did not feel that a second position mortgage adequately protected her.My proposal is that we have two (2) transactions.The first transaction will be for an undivided 7/10 interest in the property and the sale price will be $157,500.The second transaction will be a sale on contract of the remaining undivided 3/10 interest in the property for the remaining $67,500.
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24 March 2024 | 19 replies
Because if "the body" doesn't pay, we have to get "the body" out and it isn't fun times lolIt's important to build a large portfolio with B class or C class properties because there will always be something happening at any given moment IMO to 1 or 2 properties as I mentioned above.It's just the nature of the beast.I own a nice condo in Downtown Chicago since 2016.Tenant is a Crypto exec.Direct rent payment on the 29th of each month and haven't heard a "word" from him for many years.ROI is 3% tho lolA nice portfolio in the Midwest should deliver a net ROI year after year of 8% or so but it comes with more hassles.Anyone reading that wants to invest with us and only invest in 1 or 2 properties.Save yourself the hassle and us and don't invest 🙏Thanks ps.
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21 March 2024 | 2 replies
Adequate heating is essential for comfort and to prevent moisture-related issues.3.
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22 March 2024 | 11 replies
Lease dates, as mentioned, are important to know because you will need to give adequate notice before being able to raise rents.