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20 January 2025 | 31 replies
The totals come down to $3000 and $550 respectively.
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31 January 2025 | 44 replies
What doesn’t work today may work in the future.Another challenge with the traditional BRRRR model is the resulting high debt load often isn’t fully covered by rental income, especially in today’s high-rate environment.
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7 January 2025 | 2 replies
We both knew we were aligned in our goals and had a clear understanding of our respective roles in the deal from the outset.If seller financing is part of the equation, look for someone who’s not only experienced with creative financing but also understands how to manage the potential risks involved.
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18 January 2025 | 21 replies
At the end of the day, both of these respective vendors/individuals are paid when the deal closes.
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22 January 2025 | 203 replies
I have been in a 6.8 and 6.9 earthquake in WA and CA respectively.
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12 January 2025 | 6 replies
Initiating the ConversationThe key to approaching a non-profit is to be respectful, patient, and aligned with their mission.
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17 January 2025 | 28 replies
What I find to be most valuable: Ease of use, cost-savings and efficiency and here's what I mean: If using an interior designer to furnish your rental, they will hand you a list of supplies + furniture to buy and what I was able to do with Minoan is upload that list as a CSV file and then they come back with a quote of all of the items they can fulfill along with their respective discount.
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4 January 2025 | 4 replies
Send a written notice (yes, paper) to the tenants with proof of delivery required (the postal carriers have this time to an art form; it's inexpensive and you get confirmation via email or receipt very quickly; it does not require the tenant to sign - it just confirms that the notice was delivered.A paying, respectful tenant is golden.
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28 January 2025 | 71 replies
My payment after was 3461 rents 6350(with new tenants coming in I raised rents in apts 2 and 3 to 1800/1850 respectively.
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19 January 2025 | 354 replies
@Andy Mirza I agree that there will be vast opportunities for distressed debt in the post-Covid environment, but we won't see those assets probably for another 9 months or more.