
12 August 2024 | 5 replies
If it goes poorly in RE, what would you do?

11 August 2024 | 5 replies
To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

12 August 2024 | 4 replies
That is a bad thing and hurt the wallet and some people have lost homes due to this poor service.

14 August 2024 | 20 replies
There are definitely people out there that will treat others poorly no matter how nice you are to them, but it has been my experience that the vast majority of humans are good people and have good intentions.

11 August 2024 | 4 replies
If you are asking about a JADU, the 150’ is to be used ingress/egress only You cannot use it to push out a kitchen (except possibly if you placed a door there).JADU have even worse valuations than the poor ADU valuations due to the owner occupancy requirement for renting.

13 August 2024 | 14 replies
But I'm willing to bet that what current C4D holder is trying for, so his $ is a joke too.

11 August 2024 | 7 replies
Personally not a fan of out of state BRRRR.I think it's a recipe for disaster and having been in the game for 10+ years, I've seen the disaster first hand as I bought hundreds of deals from disgruntled out of state investors who thought they can do it themselves.My property management company has doubled in 12 months also due to out of state investors getting caught with a poor property manager when trying to do it themselves from afar so they come to us for help 🤷♂️I'm seeing many investors buying D class crap on the MLS for too much and that needs work.They end up being into the property for 30% more than they would be that if they just bought turnkey.A true turnkey provider will find the cheapest/best deals through a variety of acquisition methods, renovate well and sell for fair market value (And manage in-house).If things go South, they are solely to blame and the penny drops with them.But with DIY, who is to blame?

13 August 2024 | 11 replies
I completely agree with the other answers that getting someone to help you is a good bet, having someone in your corner who understands the intricacies of the tax code rather than DIYing that should save you more money (and time) than you're paying them ever since I got my first rental I've had a pro doing my taxes but kuddos to you for being able to juggle so much for so long on your own!!

13 August 2024 | 17 replies
Your best bet is to take a 12-36 month STEPDOWN prepayment penalty.

10 August 2024 | 1 reply
Given your own comment about the profitability of the deals, I’m not sure how you could pay that.So I guess your best bet is love money from your loved ones so might want to support you.