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31 October 2018 | 10 replies
I'm always looking for advice and criticism and I plan to be more involved with the BP community.
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6 September 2018 | 48 replies
I agree with the previous responses, finding a trustworthy HVAC technician is critical to running a successful rental business.
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1 September 2018 | 4 replies
I think its an excellent resource for busy working professionalsHaving said that working with a good turnkey provider is absolutely critical.
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6 September 2018 | 10 replies
@Louis Siano Time is always critical however you could lose time during closing If a fix and flip pro comes in and runs his/her numbers and discovers your numbers are way off.I’d recommend making good friends with a contractor who can give you a “rapid quote” on repairs.
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2 October 2018 | 5 replies
This way your equity even is giving you a return.Once your portfolio reaches critical mass, or you hit your target numbers or cash flow you can transition over to paying down debt to prepare for the final distribution phase.However, people need to retire, or go full time, at some point this is called your distribution phase, so when that time comes be sure the properties are paid off by that time to maximize cash flow in retirement.A great book on this topic and more is Gary Keller's The Millionaire Real Estate Investor.
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4 September 2018 | 80 replies
I bet you'd fix that sink in a heartbeat.With younger folks (and us not-so-young Realtors), internet is as critical as electricity.
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3 September 2018 | 0 replies
Staying positive is critical to your success.
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31 October 2018 | 12 replies
Of course, having good partners will be critical not just in finding the places but also managing them well.
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9 September 2018 | 5 replies
I also think it's critical to have someone who is an actual landlord themselves so they not only know the PM business but they understand what it's like to be an owner having to make mortgage payments, keep expenses low, etc.
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24 September 2018 | 161 replies
He doesn’t take suggestion/criticism well.