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31 October 2024 | 5 replies
Any advice on entry-level investments, navigating market research, or tips on property management would be greatly appreciated!
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31 October 2024 | 4 replies
Schedule a final inspection to ensure quality standards are met.Each of these sections would come with an estimated timeline, budget, and list of materials required, making it easy to track progress and expenses during the project.
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29 October 2024 | 1 reply
@Tessa BoothWelcome to the community and be ready for a huge amount of information at your finger tips.
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31 October 2024 | 11 replies
@Amy FalsonWelcome to the community and be ready for a huge amount of information at your finger tips.
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30 October 2024 | 8 replies
Another tip: use Rentometer and RentCast to double-check your rental rates; they’re great for comparing rents in your area and making sure you're priced right.
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31 October 2024 | 44 replies
In order to harness as much of the effects that add to your net worth you want to buy as many assets as you can, and as much quality as you can afford.It is very tempting to go into cheap neighborhoods, but especially with the old housing stock we have in the Midwest capex will exceed cash flow over time and you are not building equity.Consider your first deal a proof of concept.
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29 October 2024 | 6 replies
@Maria PerriWelcome to the community and be ready for a huge amount of information at your finger tips.
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31 October 2024 | 18 replies
It can be very hard to find quality tenants from around Halloween through Januaryish IME.
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1 November 2024 | 18 replies
Unfortunately, to my knowledge, I don't believe there's any documentation that a future landlord might find to tip them off to the poor character of these tenants.Moving forward, I'm less dismissive of warning signs in the tenant screening process.
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2 November 2024 | 22 replies
You could even define quality metrics for some of these tasks to avoid a party doing subpar work (e.g., all guest questions must be answered within X hours/days).OWNER USE: What if one party wants to use the property during the highest demand time?