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1 January 2025 | 2 replies
A client of mine recently invested there and raves aboutt the ease of finding solid contractors who stick to the budget.One piece of advice: before jumping into any market, spend time understanding the local economy, demand drivers (like job growth and population trends), and the landloard laws.
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5 January 2025 | 39 replies
Most turnkey companies proforma does not tell the complete story and that is why is called "PROFORMA" OR "PROJECTION", they don't account for the true vacancy, leasing fees, holding costs, and Headache factors that come with a Class C and D properties and neighborhoods.Hopefully, they can help you get to 100% occupancy and sell the property so that you can re-invest in a better neighborhood and relatively newer property like 2020 or newer if is possible in that market, or just go to another market you understand better or have some kind of connection with.All the best and keep us posted on your progress.
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12 January 2025 | 23 replies
A good mentor will help you evaluate things and identify potential hurdles before they come into play.People fail because they think it's easy without understanding what the difficulties can be.
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2 January 2025 | 13 replies
Never buy without personally inspecting and approving the property and INDEPENDENTLY, INDEPENDENTLY, INDEPENDENTLY, verifying everything from values to market rates, to approving tenant selection procedures and standards, to repairmen on standby, to everything else in Christendom that you can thing of.I am not a fan of out-of-state investing, especially for those with less than 50 years of experience, and for them, they’re probably too old for the hassle.
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10 January 2025 | 13 replies
I'm going to have take a little time to wrap my head around it but if I'm understanding things correctly this is a very interesting opportunity.
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26 December 2024 | 9 replies
I think this may be a built in functionality of the Turno app, but I don't use Turno and my cleaners don't seem to offer that as part of their standard process.
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29 December 2024 | 5 replies
At best, wholesaling may require that you obtain a minimal understanding and experience in these three “foundations”.Look, I wish you luck in your endeavor, and I sincerely hope you end up in the 1% that find wholesaling to be a profitable business.
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20 January 2025 | 62 replies
I just don't understand their purpose and why they are repeatedly doing this to people.
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25 December 2024 | 11 replies
And a drain within reach of the standard drain hose?
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29 December 2024 | 2 replies
Your understanding of NOI, deal negotiation, and long-term strategy are assets that make you stand out.