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1 January 2025 | 14 replies
BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.
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2 January 2025 | 10 replies
If the complaint is legit, the offender will be cited and you can use that as evidence for a violation letter, termination, or eviction.Second, if the offense is real, I recommend starting with a written warning.
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2 January 2025 | 16 replies
If you end up having a vacancy with no cash flow, it hurts much more than when you are able to offset with cashflow from your other properties.I would recommend seeing if you are able to diversify a bit with some local or out of state properties that do cashflow some, even after Property Management, that way you could start to support these homes.
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23 December 2024 | 12 replies
I don't have much patience or sympathy towards the annual flood of "Terrific End-of-Year Tips to Cut Your Taxes" webinars, podcasts, articles and whatnot.
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29 December 2024 | 3 replies
I recommend reading the book traction and following EOS - they have a one page business plan that is awesome to follow. any planner can work it's a matter of creating the plan and how to monitor and follow through with it which eos teaches
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30 December 2024 | 4 replies
Quote from @Kandice Morgenstern: I recommend you consult an attorney.
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30 December 2024 | 20 replies
I ask everyone I meet who they recommend, like I asked my realtor for bankers and contractors etc, and in turn ask the bankers for realtors they like.
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27 December 2024 | 3 replies
BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.
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30 December 2024 | 1 reply
Hindsight Critique•Continue to build relationships to increase deal flow•Property manager (Mercer Hughes) is critical to completing renovations and quick tenant placement•Continue to build relationships with private lenders and personal investors•Have cash available to make quick competitive offers Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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19 December 2024 | 8 replies
I am closing on my 1st rental (Duplex) next week & I am going to self-manage the property. Since I only have these 2 units for now I was thinking of using one of the free websites (Cozy, Tenant cloud, etc...). I ...