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27 January 2025 | 9 replies
So most likely I will pay cash or close to it for her new 55+ community home and our budget is 450k max.
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30 January 2025 | 13 replies
No offense, but hire a PMC because:1) You hate the process of placing tenants.2) You didn't do a very good job of screening the current ones.Sometimes we have to get out of our own way to find success!
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27 January 2025 | 56 replies
I don't remember how much our taxes went up.The good news the PF area embraces STR properties.
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29 January 2025 | 32 replies
Build a solid foundation before taking a step up - each and every step of the way.There’s a way to scale recklessly and there is a way to scale safely.When OPM is involved safe is way better than reckless.Despite a life long career in RE, I scaled as followsBought a few duplexes for my own accountBought a fourplex for my own accountBought 12 units as a JV with some friendsSyndicated 43 unitsSyndicated 30 unitsBought another 12 units as a JVSyndicated 281 unitsThis was over a 3 or 4 year period.and so forth - now I am GP in close to 1000 units with $125M AUM.Even with all that, my sweet spot is 30 to 50 unit properties - they work best for my partners and I and more importantly our investors.
17 January 2025 | 5 replies
After years of self-managing our single-family rentals, we decided to hire a property manager to provide full service management.
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20 January 2025 | 7 replies
We have always said we will run our business, as much as possible, as if it's 10x the size it currently is.
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17 January 2025 | 23 replies
Our owners spent $0 in marketing.
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14 January 2025 | 2 replies
(https://www.mynd.co)One of my co-workers at my last job (pre-covid times) used to work\invest with them, so I had probably registered on their site back then.
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11 January 2025 | 49 replies
Dependable routine maintenance is a part of this property with a full time team on site at the villa.
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20 January 2025 | 0 replies
One of our most trusted developers from Yucatán, Mexico, who’s been making waves with their focus on sustainable growth, innovative design, and delivering great value to investors, is taking a big step—they’re building a luxury resort in Orlando!