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3 October 2024 | 9 replies
Start by networking with other investors on BiggerPockets who are active in those areas, and make a habit of browsing Zillow and other platforms daily.
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3 October 2024 | 17 replies
We purchased a property, signed contract for a 45-day SoW (cosmetic rehab, add AC) and after about 30 days it's been radio silence.We have been pretty patient and now at 60-days past closing we've engaged another local PM who is going to be re-keying, assessing rehab status and taking over from here.I think similar to OP there's nothing particularly nefarious or shady going on here, but the follow-through and ability to land a deal is significantly lacking with this team.
1 October 2024 | 2 replies
Sorry to hear they have been difficult to deal with but glad to hear you're taking a pro-active approach.
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30 September 2024 | 5 replies
These are expenses incurred before your business is active, and they typically aren’t immediately deductible in full, as they are considered part of starting the business rather than ongoing operational costs.To provide more detail, according to IRS rules (as seen in the screenshot), you can deduct the lesser of $5,000 or your total startup expenditures.
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2 October 2024 | 13 replies
Mindset is key and just know that this is a business and you would be actively seeking clients and every day you wake up your working for the paycheck you receive in 30-60 days.
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30 September 2024 | 4 replies
I'm actively using Hospitable, but it's becoming limiting as our company grows, and we've surpassed 25 properties.What interests me the most is a seamless connection to Booking/Airbnb and reports on the owner portal.
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28 September 2024 | 6 replies
Some investors opt for larger homes with more bedrooms, while others convert existing residential properties to fit more people comfortably, ensuring they meet safety and accessibility standards.One thing to consider—smaller operations like RAL often rely on word of mouth and local reputation to fill rooms, so community engagement and relationships with local health care providers are key to success.PS: Fun fact—by 2030, it’s projected that more than 20% of the U.S. population will be over the age of 65, which makes senior housing a high-demand sector for decades to come.
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4 October 2024 | 35 replies
That would be my focus and I would actively go after them.
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2 October 2024 | 5 replies
Let me give a brief background for the context of my question.I’ve been investing in real estate for the last 14 years but more actively for the last eight years.
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1 October 2024 | 12 replies
Been doing this model since 2002 over 3,000 funded in 20 states.. and of course I am VERY active in your market ..