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4 October 2024 | 16 replies
If 1 out of 100 people is approached with this same option, and only one of them says they were highly successful at the option you are dismissing as "cheerleading", guess which one I'm following.The majority isn't always right, they're usually just the timid, and feel justified because they are surrounded by others just as timid.
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1 October 2024 | 5 replies
Citizens is normally the lowest and I have the far majority of my policies with them.
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1 October 2024 | 8 replies
This would obviously be contingent on a thorough inspection.Asking price: 1075000Annual Rent: 139kVacancy reported: 5%Insurance: 5900Maintenance: 10kTaxes: 4kUtilities: 15,600_____________________________Total Expense: 35500working on financing this week but I understand I'd be at around 6.5%My biggest concern is DOM and major repairs needed.
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3 October 2024 | 15 replies
@Steven Mendiola I would avoid doing any major construction on your first houses hack.
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26 September 2024 | 32 replies
Someone more experienced may chime in, but my impression is that at a certain point, you're putting less in reserve for expenses/maintenance because you've already got a chunk of cash stuffed away, and the likelihood of "all" or even a high percentage of properties having major repairs all at the same time is much lower than one or two lower end properties while we're starting out.
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1 October 2024 | 7 replies
@Suzanne Player If you want a counterpoint, I navigated a major claim not long ago without a public adjuster.
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1 October 2024 | 16 replies
I have seen investors see major success in the Section 8 markets.
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30 September 2024 | 5 replies
We never graduated to 506C.I think the vast majority of syndicators start out with 506Bs, easier to raise from when you have little to no credibility.
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1 October 2024 | 15 replies
I'm using Furnished Finders (and Airbnb) but the majority of FF leads are for 1 bedroom vs whole house.
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30 September 2024 | 0 replies
Although we didn’t complete major renovations, Partner Driven added value by ensuring the property was in optimal condition for a quick resale.