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16 January 2025 | 6 replies
Thanks for the care and detail you put into your posts on self storage.
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11 February 2025 | 2 replies
Are you taking it online as a self study, or are you in a class with a teacher?
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20 February 2025 | 5 replies
Also think about where you can cut costs, can you self manage, find a less expensive property manager, can you bill back expenses to your tenants.
18 February 2025 | 5 replies
He has a law firm, one of the most knowledgeable IRA guy Matt Sorensen, a CPA wing, and the IRA wing for those who want to do self directed.
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11 February 2025 | 4 replies
IE - they do not let inexperienced new investors self-manage their own properties.
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22 February 2025 | 14 replies
. ~$2.1m- Cash flows at $140k annuallyI've been self-managing and it has been honestly pretty easy (send invoices, schedule routine maintenance/inspections), but otherwise I have no real knowledge or experience in the industrial space (I mostly invest in STR's).
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16 February 2025 | 5 replies
For house flipping, consider an LLC taxed as an S-Corp to reduce self-employment taxes by taking a reasonable salary and the rest as distributions.
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8 February 2025 | 9 replies
From there we identify properties that could have some potential and if you are interesting in diving deeper, 1) we do a thorough video walkthrough to give you a realistic look of the property, 2) we give a ballpark estimate of rehab costs (we do 40 a year with our GCs o we will get pretty close), 3) we talk through market rent with our property management team, ARV, and potential highest and best use.Ideally you find great investor agents who know their market really well and have a network of resources to provide you with enough confidence to take reasonable action.
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9 February 2025 | 15 replies
Hey GaryI manage about 65 units in FL and I broker for STR buyers in this market, and some do self manage.Obviously the ones who choose us for management, we can assist with all of those items, but the ones who self manage do so by building a team.
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5 February 2025 | 8 replies
Looks to be enough room to make money but just be sure you're very confident in the comps in the area the property is in.