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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.
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23 July 2024 | 8 replies
If I had to pick which direction I should go if I want to make this an ongoing thing.
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24 July 2024 | 12 replies
@Varun HegdeIf you have to give title policy at payoff I would absolutely have the seller provide one to you at saleWhat if there was something that was not picked up in the past that causes you to it be able to transfer clean title.
26 July 2024 | 49 replies
The only thing more risky than picking syndications when you don't know what you are doing is attempting to pick funds of funds managers.
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24 July 2024 | 38 replies
Do you pick buildium for the price or any other reason?
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25 July 2024 | 19 replies
I would say try to see if there's any local Real Estate meetups in your area and start networking with other likeminded people so you can also pick their brain and learn from their mistakes.
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23 July 2024 | 13 replies
If they are solid, they pick up after themselves in common areas, keep the dishwasher running, and treat it like a home, making it *much* easier for me to keep it clean and ready for STR guests. 1-2 a month as needed I sweep/mop/catch up however needed, clean bathroom, etc.