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7 December 2024 | 8 replies
Better to have your own property manager use trusted handymen to take care of the issues for long term/quality fixes.
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4 December 2024 | 1 reply
The short answer is I look for 9% min and try to press it to 11% with those strategies along with rental increases once improvements are made and the tenants know you actually care about the property.
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4 December 2024 | 9 replies
Typically issues are raised when the exterior is not kept up with / parking on grass / garbage in neighborhoods where everyone takes pretty good care of their homes.If you keep it clean and run a tight ship, you should be okay most of the time.
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6 December 2024 | 3 replies
You'll want to hire a licensed loan servicer to take care of that for you (Provident, Madison, FCI, etc).
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7 December 2024 | 8 replies
Investors typically won't care that you're representing the seller and others will prefer that you're direct to seller.Listing it on the MLS will get the most inquiries for the property.
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6 December 2024 | 17 replies
Maintain a credit score of 620 or higher, save for a down payment, and research markets carefully.
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3 December 2024 | 6 replies
I always say 'I don't care what cap rate I buy at, I care what cap rate I can turn it into'I built Market Analysis and Sales Comps tools for my local SoCal market that will let you analyze the current or terminal property & units, from wherever you get your deals from:Sales Comps & ARV estimate:Sales market analysis:Rental market analysis:Would love to discuss how to make your extension that much better!
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5 December 2024 | 20 replies
Everyone needs to be extra careful and do their homework.
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5 December 2024 | 34 replies
Why do you care if a crazy person on the internet calls you a scammer?
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4 December 2024 | 7 replies
And having done this for a long time, it is the rare renter that cares about the land.