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24 July 2024 | 3 replies
Can you try to pick a "favorable" AMC so you get a higher valuation?
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24 July 2024 | 30 replies
Stop analyzing and pick one.
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24 July 2024 | 5 replies
Bad - Someone else picked the tenants and you don't know their vetting criteria nor the lease terms.Start with seeing the property like you would for any other property.
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25 July 2024 | 15 replies
Back then, prices were much better, and turnkey marketers could make a decent fee.As prices increased, many turnkey providers had to move to less desirable areas (I know people are always looking blame other people but in reality blame it on yourself for being the investors that picked bad areas and did not do due-diligence and buy assets where the numbers worked with 10-20% economic vacancy), and now that gap has essentially disappeared.
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27 July 2024 | 50 replies
Originally posted by @Jonathan R McLaughlin:@Lauren Hogan I remember the very-much-worth-listening to @jay hinrichs posting about this a while agothanks for the mention.. just like any city its cut into 3 or 4 areas.. from the Hood to very nice.. pick wisely.
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24 July 2024 | 9 replies
Sept 2024 +33% compared to last year (Sept 2023 was bad for some reason).Rest of the year is still light but hoping it picks up.
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24 July 2024 | 13 replies
@Ethen Sanchez how did you pick this market for investing?
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25 July 2024 | 17 replies
Agreed with @Theresa HarrisGet a contractor recommendation (or multiple) from your friend and reach out to GCs yourself to have a couple of quotes and ideas for the renovation project.During the walkthroughs, you can pick the contractor's brain regarding pricing on different material grades, efficient layout ideas, etc.
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26 July 2024 | 11 replies
I have a few thoughts.1) You don’t have to invest where you live so I think your first move is to pick an area where you will be happy.2) I still like FL although insurance is a problem and the rental and STR market has softened.
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27 July 2024 | 108 replies
.$112k is current passive NET income off all 15 properties$85k projected income if I turn over to a management company (8% off the top plus doulbe repair budget)$96k projected income from 1.5 million in lifetime annuities$87k projected income from 1.5 million in lifetime annuities with spouse addedAll the units are at the same complex but were acquired over 20 years so i would cherry pick the newest units first since deprecation recapture is taxed at a higher rate than capital gains.