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6 December 2024 | 36 replies
I always put in MIA or somewhere I can get to easily when searching.
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5 December 2024 | 17 replies
This of course depends on your starting bank roll - but if its like mine (under 100k) - Im trying to put as little as possible into it on top of initial equity and fees.this will likely chew a big hole in your ROI (now if you are looking to improve value with a cash out refi or a great prospect comes along that needs combo new plumbing, roof, windows, foundation repair, etc - well just make sure you know what youre getting into and/or have a good contractor and finger on the pulse of the market when estimating the ARV YOURSELF - couple missed items and you risk having a bad first investment and not doing it again). 7) dont be scared be ambitious ( i should heed my own advice sometimes) 8) define numbers goals within your target areas.
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6 December 2024 | 13 replies
Lots of ways to improve the situation.
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8 December 2024 | 1 reply
Things like landscaping/snow removal and labor cost for repairs are going to be highly variable based on your market so you'd need to do your own research on the going rate by either talking to other local investors, running your own google search, or exploring basic services on thumbtack/angies list etc.
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10 December 2024 | 17 replies
I did see it and scheduled the sprinkler installation but heard they are now requiring additional improvements that weren't originally discussed like multiple egresses, changes to pool room doors etc.
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11 December 2024 | 34 replies
So basically, had the 1hr strategy with them I have 3 units and they explained that they provide education and coaching to teach people how to increase their revenue ever month, in addition to improving their processes effectively automating their short-term rental business.
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7 December 2024 | 4 replies
Welcome to BP, how's the search going, have you found your first deal yet?
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5 December 2024 | 34 replies
You can click on the magnifying glass in the upper corner to search for previous discussions.
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10 December 2024 | 26 replies
Most fields to become world class at something take 5 to 10 years of consistent work and improvement on a daily basis.Today about 21 years in with commercial real estate I have tons of business and also properties I can purchase.
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6 December 2024 | 4 replies
I am optimistic that things might improve with this change, but I would not pay again just to find out.