Nexus Capital will serve as the stalking-horse bidder, acquiring most of Big Lots' assets and operations.The company, known for selling home goods through closeouts and liquidations, secured $707.5 million in financing to support operations during the bankruptcy process.

But, that will add to your holding costs so make sure you are in a position to support the payments in the interim.4) Purchase the property5) Fix the property6) Rent the property7) Refi the property (Private, DSCR, Conventional, etc)

Frequently the price is higher than a consumer would get if they contracted directly with a contractor.  

His expertise, industry insights, and personalized support have been great in my growth.One of the most significant positive results I've achieved from the mentorship is the ability to identify investment opportunities and make informed decisions.

And yes, the best way to pick my brain is by consuming my blog.

If I were to purchase a SFR from a consumer I would INSIST that they employ an attorney. 

Really excited to learn more and to speak with those (most ideally who live near me with whom I could meet up in person, but definitely not a deal breaker) who are in a similar stage or perhaps just ahead of me, from whom I can learn and feel supported by as I venture into this new world.

.), $2.1K of travel (flights & rental cars), $2.3K in software subscriptions (PMS, etc.) and $300 in mealsManagement Fees ($1.7K) - PM fees, booking platform fees, etc.Cleaning Fees ($6.2K) - pass-through charge for guestRepairs & Maintenance ($10.5K) - General R&M ($1.5K), Painting ($1.2K), Plumbing ($1.5K), Pest Control ($500), R&M Supplies ($500), Labor ($3.5K), Linens, Soaps, Consumables ($1.5K)Legal & Professional ($1.5K) - LLC setup & lawyer fees ($350), inspections ($1.1K)Utilities ($6.4K) - Gas (avg. $63/mo.), Electric (avg. $121/mo.), Internet (avg. $60/mo.), Water & Sewer (avg. $107/mo.).Please let me know if you see anything glaring or things that I can work on bringing down or eliminating completely.It's important to note that up until I hired the full-service PM in April '24, I was self-managing from out of state and paid a local boots on the ground resource when needed.

There were temporary support beams in the basement along with enough moisture to actually grow mushrooms in the basement crevices!  

Tell the truth, because if they are trying to purchase a home and a verification of rent is from a private party we'll ask for supporting documentation from the borrower anyways, as we know landlords may stretch the truth.