
10 August 2024 | 12 replies
Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.

12 August 2024 | 30 replies
Liquidate a small portion to stabilize and protect the larger portion, avoid going into a downward spiral at all cost.

10 August 2024 | 0 replies
I have an opportunity to construct a mixed-use building with 42 residential units (each around 600 sq. ft. with 1+ bedrooms) and 2 commercial spaces, totaling approximately 42,000 sq. ft.We have a solid understanding of constructing smaller projects, such as 2-4 unit buildings, but this larger scale is new to us.

7 August 2024 | 5 replies
I understand this is more of a specialty task to delegate.

10 August 2024 | 13 replies
I've used hard money for larger flips, but for stuff that makes sense for a buy and hold.

15 August 2024 | 57 replies
You are overestimating these numbers.Speculations as to why: tenants in these particular rentals may be tolerating a lower standard of maintenance than you think and thus everything wears longer than you think it will, I may have a different relationship with my maintenance people than you do (actually I don't let my management company do anything and I'm very involved in maintenance, I know how to do practically every necessary task, I manage people directly and sometimes I'll do a few things), there may be an error in your calculations such as you're assuming two units in a duplex don't share as much as they really do (they still share roofs, yards, and many other things), or something else entirely.Either way, your numbers are way too high and I will not be able to answer why in more detail or provide you with my exact numbers without spending a significant amount of time on this. 25% ain't too far off.

11 August 2024 | 4 replies
Leverage magnifies return. 3) The effort involved in adding an ADU is comparable or larger than a rehab associated with a BRRRR.

9 August 2024 | 4 replies
I’m currently a sahm with 2 little ones so that means I have some free time during the day if anyone is looking for a real estate assistant or any real estate tasks to generate some income and so I can learn more I would definitely love to help.

10 August 2024 | 10 replies
Eventually, I'd like to utilize a 1031 exchange to trade up into larger multifamily units.Thanks in advance for your insights!

12 August 2024 | 15 replies
I do have one house hacking client where I sold his condo and then helped him buy a larger townhouse where he can do forced appreciation through rehab (which worked out really well.)I went from a house hacking condo, used a HELOC and then did the FHA 203(k) to a house and built an ADU.Because of the rental restrictions, it might make sense to sell at some point since profits up to $250K is tax free and scale up that way.