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31 October 2024 | 0 replies
Leads that meet these criteria don’t come by easily.Has anyone here had success in solving this problem?
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31 October 2024 | 2 replies
There are probably many posts that contain similar information to this one, but I thought it would be of value to future and existing investors who are starting their journey.We recently completed rehabbing a duplex we bought for $93k and rehabbed for $75k (in retrospect, we could've negotiated a lower price 🤷♂️ - discussion for a different post), hitting an ARV of $190k when our target ARV was $170k.Two things that stood out for me that helped us secure a higher ARV that anyone can use in their next BRRRR were:1) Fix the property to be in the top 75th percentile -> To improve our success rate, we consulted with both our agent and our PMC on what kind of materials and finishes the best properties (highest ARV Comps and Rent Rates) had in the area.
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30 October 2024 | 1 reply
I was just wondering if anyone has been successful in convincing Condo HOA Boards to change the bylaws to allow MTR (Moderate Term Rentals)?
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31 October 2024 | 4 replies
I started last year and have completed three successful projects with 30% returns before tax within 3-6 months.
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31 October 2024 | 25 replies
Has anybody had success with turnkey type properties in Jackson?
2 November 2024 | 8 replies
Landlord’s only option to collect funds for damages is to take tenants to court.More and more tenants are only having a portion of their rent covered by S8, so landlords need to still screen S8 applicants for portion they must pay.Landlord cannot charge S8 tenants a portion of shared utilities – which can lead to the infamous tales of tenant retaliation against landlord by blasting heat on high with open windows during winter.S8 caseworker response times can be very slow, as they are usually overworked & underpaid.Again, overall it’s a pretty good deal for a landlord that does some decent screening.Exposing Section 8 Housing | Tenants From hell 243 - YouTubeLiberals Blame this Eviction on Landlord Despite the Before & After Footage | Tenants From Hell 241 - YouTubeMy first Baltimore buy & hold investment - SOLD (Lessons learned) (biggerpockets.com)Besides MANY self-labeled "gurus" exaggerating their success, many of them just supply readily available info.If you're too busy to find the info and are willing to pay for it, no problem as you accept their time vs money solution.REGARDING S8 GURU ISSUES SPECIFICALLYMost of them don't share all the facts about how Section 8 actually works.They claim you can get HIGHER rent from S8 tenants vs private-paying tenants.Why would the government allow our tax dollars to be spent this way?
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31 October 2024 | 5 replies
They point out success stories and offer free videos.
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1 November 2024 | 2 replies
The flip was a big success despite going significantly over budget.
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31 October 2024 | 17 replies
@Rahul P.To make a successful single-family rental (SFR) or BRRRR investment, consider your goals, risk tolerance, and hands-onness.
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31 October 2024 | 3 replies
The biggest thing right now is to stop putting up mental blocks—you can achieve success as a mom of 3, but it’s crucial to push past the mindset of failure.