Rene Hosman
What do you consider a "good" cash flow for a property in 2024?
7 January 2025 | 22 replies
Both of those are virtually Impossible with mls purchase.
Jack Cottrell
Help me adjust my expectations - first deal pending
24 January 2025 | 36 replies
Back when we started virtually everything had positive cash flow but I was lured by the seemingly higher cash flow associated with class C.
Travis Boyd
How effective can MTR be with small multifamily properties?
7 January 2025 | 16 replies
If you can maximize all 3, then you've also created a very wide lead funnel, which is less common in multifamily properties.Maximizing "pets" means you're removing carpet, allowing at least 2 pets including cats and larger dogs > 50 lbs, access to a fully fenced-in yard or walking distance to a dog park, leniency on breed restrictions (depends on insurance, your risk tolerance, due diligence with pets during inquiry phase), pet friendly furniture (e.g. faux leather couch, low pile rugs if at all), etc.
Diana Teng
Should I Buy My First Rental Property Out-of-State If I'm Unable to Scout the Area?
29 January 2025 | 54 replies
And don't listen to a real estate agent that tells you how easy it is and that "virtually all of my out of state clients buy without seeing and never visit the property".
Sofia De Santos Tavarez
How do you determine a scope or work and what materials to buy?
26 December 2024 | 13 replies
Set clear expectations with them upfront—weekly reports with photos, videos, or virtual walkthroughs work well.
Ryan McKay
The Next Deal...
29 December 2024 | 24 replies
After a rough first year where I lost money for 8 months followed by another 4 months of learning how to self manage remotely, I had a great 13th-25th months where we have kept the placed booked, kept it profitable, and largely reinvested into the property.Here is the question though- to buy the first property, my wife and I used a HELOC on our primary and used that for the downpayment on a new property, for the furniture, appliances, etc, and all of the other little costs that go into getting going.
Myers Bryan
Floorplan software recommendations?
14 December 2024 | 2 replies
Planner 5DPlatform: AndroidFeatures:Supports both 2D and 3D floor plans.Allows you to scan walls and create floor plans as you walk through a property.Offers a vast library of furniture and decor items to customize your plans.Bonus: Projects can be synced and edited on Windows through their web platform3.
Eddie Gonnella
Airbnb Hosting as an Individual or Business/Brand? Building to sell/transfer
16 January 2025 | 40 replies
That could mean a simple spruce up to all new furniture and more.
Louisa Seales
In a Slump!
19 December 2024 | 6 replies
You probably don't need to change your interior design or furniture, and you already have the pots/pans/dishes and amenities needed to drop in a student or a traveling tradesman.
Puneet Mahi
Starting Property Management Business
23 December 2024 | 13 replies
Also can I attend this monthly meeting virtually?