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27 December 2024 | 34 replies
The tenant base is generally 95% single women with 2 to 5 kids and they flat destroy houses, Not on purpose most of the time but if you have children all below 10 years old they are just brutual on houses even in the best of situations of which single parent with multiple baby daddys is not the best of circumstances.. full stop.I was thinking since I only have about $80k to invest it was the best bang for my buck, now that you say that it sounds like I'd maybe have to bite the bullet but really not sure how I can still get the same or better cashflow for the cash I have available.Also curious on your opinion of using Home Warranties, PM, Home Insurance, and Requiring Rental Insurance to mitigate some of those future issues
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16 December 2024 | 2 replies
I also have some interested friends if the work requires multiple people.
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17 December 2024 | 3 replies
Only thing better would be initial deposit and then paid in full upon Certificate of Occupancy and punchlist complete.Of course, standard items should also be checked: licensed, insured, willing and able to pull all required permits, reference checks.I would also commonly avoid the cheapest bid you get.
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15 December 2024 | 4 replies
There is a reason we lenders require "skin in the game" and experience.
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18 December 2024 | 3 replies
If they have Jr Coaches and they're your primary resource for coaching (and you're okay with that), ask them what the requirements/qualifications are for the JC's.
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17 December 2024 | 22 replies
If your using financing the bank requires this.
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14 December 2024 | 8 replies
And what requirements would be?
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18 December 2024 | 13 replies
Multifamily offers steady income, scalability, and tax advantages, though it requires more upfront capital and management skills.
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18 December 2024 | 8 replies
No, I am not saying to just change your words, I am saying to change yourself, to meet the requirements of what does work.
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17 December 2024 | 8 replies
Investors should therefore exercise significant care when choosing their Qualified Intermediary because of the critical role the company will play in the administration of their 1031 Exchange transaction.It is extremely important to note that 1031 Exchange Qualified Intermediaries are generally not required to be licensed, regulated, audited or otherwise monitored by any regulatory body.