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9 July 2024 | 10 replies
Here's how to get started and advice on each area:Section 8 Rentals:Education: Learn about the Section 8 program, including eligibility requirements and benefits for landlords.Networking: Connect with local landlords who have experience with Section 8 rentals for practical advice and insights.Property Selection: Look for properties in Raleigh, NC, and surrounding areas that meet Section 8 housing standards and have potential for rental income.BRRR Method (Buy, Rehab, Rent, Refinance):Research: Study the BRRR method to understand how to find undervalued properties, finance renovations, and refinance to pull out equity.Partnerships: Consider partnering with contractors, lenders, and real estate agents experienced in BRRR to streamline the process.Market Analysis: Analyze local market conditions to identify neighborhoods with potential for property value appreciation and rental demand.Airbnb Properties:Regulations: Familiarize yourself with local regulations and zoning laws governing short-term rentals in Raleigh, NC.Property Preparation: Prepare properties to meet Airbnb standards, including furnishing, amenities, and guest experience.Marketing: Develop a marketing strategy to attract Airbnb guests, leveraging platforms like Airbnb and optimizing property listings.Overall Strategy:Continuous Learning: Stay updated with industry trends, attend local real estate meetups, and consider joining real estate investor groups.Financial Management: Manage your LLC, Opal Capital Holdings, effectively to track expenses, income, and tax obligations.Long-Term Goals: Keep your multifamily apartment goal in mind, and progressively scale your real estate portfolio based on experience and market opportunities.If you would like some help getting started, or just want to discuss please feel free to reach out to me directly.
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9 July 2024 | 6 replies
For the AC, I went with the GE Profile ClearView window AC unit, specifically the 8,300 BTU model which runs off of a standard 110v outlet, and is available on Amazon with Prime shipping.
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8 July 2024 | 1 reply
There is no standard form, but the notice should clearly state your intent to terminate their tenancy and the move-out date.
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8 July 2024 | 16 replies
Do you have the money to have an electrician rewire the house to modern standards maybe 3000 to $5000 cash, maybe more- maybe you could ask if they could do it on a credit card--I don't know?
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8 July 2024 | 8 replies
To anyone who posted on his list- @Shawn Kostoff is the real deal and invests himself, not your standard crappy wholesaler.
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8 July 2024 | 6 replies
Murphy bed cost is standard, but cabinetry can vary quite a bit.
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10 July 2024 | 256 replies
I want to give credit were credit is due and know that Eddie and his team do care about maintaining standards in the space whether or not their system is a fit.
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7 July 2024 | 0 replies
Sean Gribbons Broker at The Gold Standard Brokerage
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8 July 2024 | 5 replies
From what I have gained you can also vet them yourself to ensure they meet your tenant standards.
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7 July 2024 | 0 replies
Sean Gribbons Broker at The Gold Standard Brokerage