
22 November 2024 | 7 replies
I purchased $4m Dec of 2021 and have one unit left to rehab (starting it Dec 1 and my 22 year old son will be running his 2nd rehab - it will be a live-in rehab so slower than we usually achieve).

23 November 2024 | 9 replies
Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

26 November 2024 | 13 replies
Also, cost segregations are usually done on multi-million dollar assets not single-family homes.

25 November 2024 | 23 replies
For a standard 3/2 with 1,200 sqft we usually spend 50-80k on a full rehab, 10-15k holding cost, 15-20% profit before tax, 7% cost of sale.

26 November 2024 | 9 replies
If you think that wholesaling could be something you like, go to local real estate investing groups and track local wholesalers and see who you can help by adding some sweat equity (usually calling or driving for dollars) for them so you can learn what they do to see if what you are seeing on social media is real.

22 November 2024 | 10 replies
I usually adjust temperature right before a check in to make it comfortable for guest.Love the Honeywell 9000 color touchscreen thermostats.They also allow me to locking a temperature range so the guests can't set temperature to 60 in the summer.

25 November 2024 | 7 replies
In real estate (and probably other industries) this is referred to as a Single Purpose Entity, and it's usually a smart move.

23 November 2024 | 11 replies
You can usually find some events by doing a simple google search.

26 November 2024 | 9 replies
Usually in the summers the basement is cooler, and colder in the winters.

22 November 2024 | 5 replies
So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?