Kash Tacke
Turn a detached garage into an ADU?
8 January 2025 | 6 replies
@Kash Tacke I'm a big fan of ADU's in general especially here in the mid west, yes you could potentially be on the front of the wave, but housing density is the solution to the affordability issue, anytime you are investing with affordability in mind is a great strategy to me, and sound like there are some incentives or at least supporting winds form the local city, that in itself seems like it would be worth at least approaching an architect or contractor to bid up some plans or concepts to take tot he city.
Bear Geiger
Purchasing Off-Market Property: How Can We Effectively Capture Their Attention?
28 December 2024 | 1 reply
Ourcurrent approach involves identifying possible contact information for thelisted owners and calling multiple numbers, but this process is time-consumingand yields limited results.
Meir Ben-Yechiel
Question About Investment Goal Strategy
8 January 2025 | 5 replies
I’m not looking for a completely passive approach, even though I’d be managing it from outside the country.
Jorge Abreu
Evaluating Property Managers
28 December 2024 | 1 reply
This fosters a top-down management approach that ensures accountability and efficiency throughout the property.As I've earned from my own experiences, the difference between a good operator and a poor one lies in effective asset management.
Tyler Davis
QuickBooks Plan for Managing Rental Properties
7 January 2025 | 3 replies
I started with the Simple Start plan, but as I learn more about the software, I realize that to effectively classify income and expenses per unit, I need to use Classes and Locations, which are only available on the higher-tier plans.I’ve seen suggestions to use units as customers as a workaround, but I’m curious if anyone else has tried this approach or has recommendations for managing multiple units in QuickBooks with the Simple Start plan.Looking forward to your feedback!
Richard Volkov
Could This Be a New Way to Invest in Real Estate Without Buying the Whole Property?
16 January 2025 | 39 replies
Let's clarify this real quick,I understand this model wouldn’t work for every property owner, especially those who are looking to sell outright and walk away from the property entirely, and the approach isn’t designed to replace a traditional property sale.
Tove Fox
Nevada, Ohio, Michigan, Pennsylvania Out of State Investing
14 January 2025 | 20 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
Jorge Abreu
📅 Critical Dates: Timing is Everything
6 January 2025 | 2 replies
It takes the pressure off as deadlines approach and gives you room to solve unexpected issues.
Ashley Guerra
Central Jersey investors
9 January 2025 | 8 replies
Contacting rentals is a smart approach too, its all really a numbers game
Rene Hosman
If you had one question for a professional Syndicator, what would it be??
17 January 2025 | 31 replies
Are there specific tools, presentations, or approaches that help them feel more confident in taking that first step?