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Results (10,000+)
Collin Hays Cabin expansion: Can you guys give me your thoughts?
19 July 2024 | 19 replies
So it can be done if you really have tight subs and can push them to start each phase as soon as the previous one ends.There are some other tricks we've learned to improve quality and turnaround as well - prefinished siding and tongue and groove. 
Trevor Hummel My slow burning introduction to real estate investing
18 July 2024 | 1 reply
If things don't improve, it might be worth considering new partners who are more aligned with your goals and work style. 
Grant Stepanic 10 Steps To Take For Out Of State Investing
18 July 2024 | 2 replies
Options may include traditional mortgages, private lenders, partnerships, or even self-directed IRAs.Calculate all potential costs including property acquisition, renovations, property management fees, taxes, and maintenance.Property Selection and Due Diligence:Use your local team to scout properties that match your investment criteria.Conduct thorough due diligence including property inspections, financial analysis, and reviewing rent comparables (rental rates in the area).Make Offers and Negotiate:Submit offers based on your research and due diligence.Negotiate terms that are favorable to your investment goals, taking into account potential repairs or improvements needed.Close the Deal:Once your offer is accepted, work with your local team to complete all necessary paperwork and close the transaction.Ensure all legal aspects are handled properly, including title searches and property inspections.Manage Property Remotely:Hire a reputable property management company to handle day-to-day operations such as tenant screenings, rent collection, maintenance, and emergency repairs.Establish clear communication channels and expectations with your property manager.Monitor and Adjust:Regularly review your investment performance and financial metrics (cash flow, occupancy rates, expenses).Stay informed about market trends and adjust your strategy as needed to optimize returns or mitigate risks.Long-Term Strategy and Growth:Evaluate opportunities for portfolio expansion or diversification in the same or different markets.Continuously educate yourself on real estate investing best practices and market dynamics to make informed decisions.By following these steps diligently and leveraging local expertise, you can effectively navigate the complexities of out-of-state real estate investing and build a successful portfolio over time. 
Saeed J. Looking for a less volatile market for my first investment property
18 July 2024 | 40 replies
Additionally, there is current optimism with the new mayor, who is focusing on economic development and infrastructure improvements and literally cleaning the city block by block, further enhancing the city's investment appeal.
Jessica Hunt Rentec Direct users?
19 July 2024 | 25 replies
I do beleivethey have improved it though.
Shiloh Lundahl Where did all the meetups go!?
18 July 2024 | 4 replies
We are constantly testing and looking to improve our site navigation to make it easier for folks to find what they are looking for, but there is limited space on each page so we don't always get it right. 
Jorge Vazquez Benefits of seller financing
17 July 2024 | 9 replies
Primarily this applies to when one took bonus depreciation on land improvements, or in the case of nonresidential property, qualified improvement property.The one type of depreciation recapture you can defer with an installment sale is "1250 unrecapture" - this is that typical 25% depreciation recapture rate that you think of, which is the depreciation recapture on the straight line building and/or straight line depreciation on something like the previously mentioned land improvements or qualified improvement property.Allocation of the sales price is incredibly important here. 
Luis Crespo Investment house - Rental property
17 July 2024 | 1 reply
Home Improvements of 50K and is Rented.
Adam Sha Analyzing Pros and Cons: Building an ADU vs. Buying Rental Property in a Cheaper Mark
17 July 2024 | 4 replies
Each option has its pros and cons, and I'm hoping to get some insights from this community to make a more informed decision.Option 1: Building an ADUPros:Increased Property Value: An ADU can significantly increase the value of my primary residence.Control and Proximity: I can closely manage and maintain the property since it's on my land.Potential for Higher Rent: ADUs in bay area can fetch a good rental price.Flexible Use: ADUs can serve multiple purposes – home office, guest house, or rental unit.No Additional Land Purchase: Utilizing existing property means no extra cost for land acquisition.Foundation improvements: I will get an upgrade for my foundation which increase house stability.
Phil Eck On the go health/nutrition for the busy investor/businessman/woman
19 July 2024 | 36 replies
I'm still amazed at how improving my health and lifestyle has positively impacted the way I do business.