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4 November 2024 | 17 replies
Hang out in these forums and absorb all you can while realizing you are in an area that a lot of folks don't fully understand.
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6 November 2024 | 17 replies
If they can't/won't pay the increase, reward them with an extra 30 days to move.
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2 November 2024 | 19 replies
You seem like a seasoned investor, but many folks hold the properties all in their own name and while you can do an LLC transfer, being able to "wipe" your portfolio and start a new as a smarter investor then when you started is really nice if you can do it in a tax efficient way
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2 November 2024 | 4 replies
Note that these folks are super hard on properties though.
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5 November 2024 | 29 replies
And after speaking with a lot of folks at BPCON2024 I’m realizing this is a niche that some of you in the community are very good at, but most of you, like me, know this is a need but don’t have a good solution.
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2 November 2024 | 9 replies
While comfort should be prioritized, extra amenities like gym equipment isn’t necessary.
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3 November 2024 | 8 replies
. - Due to all the EXTRA handlholding with the tenants in these circumstances, we either terminate our management or require a higher monthly fee from owner.If you are a PMC reading this and you do NOT have these checks in place for new clients - the market slowdown is going to cause you a ton of headaches with desperate owners dumping their problem properties on you.
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2 November 2024 | 8 replies
i think it's because of the tremendous rise in home equity in the past 5 years.i used a HELOC to (1) help with a down payment on a short term loan, that I then paid back in full when I refinanced; and (2) to consolidate some higher interest debt, which I am now paying back by making extra payments against the principal since HELOCs are generally interest only for the first 5-10 years.
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5 November 2024 | 18 replies
After some research, I'm thinking it would be a good opportunity to proceed with the offer and to set aside the "free" money for use for repairs/renovations and holding costs to have some extra cushion.There seems to be much debate on the use of credit cards in real estate investing, but considering my circumstances .. 1.
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1 November 2024 | 3 replies
Most developers would just utilize the extra yard space for outdoor storage.