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16 December 2024 | 43 replies
Moving forward, I suggest you prioritize attention to detail.
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11 December 2024 | 8 replies
Any thoughts, suggestions, or referrals on what first step to take are appreciated.
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7 December 2024 | 1 reply
I’m wondering if anyone would be willing to help me out with the transaction to make sure I’m not overlooking anything and making mistakes.
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7 December 2024 | 2 replies
Sure, not every deal will feel like a slam dunk, adn sometimes you’ll wonder if you’ve bitten off more than you can chew, but that’s exactly how you grow as an investor.
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13 December 2024 | 32 replies
Ask anyone who ever tried to sell a cash flowing biz, it's not that easy (compared to selling a house)The best play IMO is to run a business and feed the profits into real estate.There are a million ideas, but you can start here: https://www.biggerpockets.com/biggerpockets-business-podcast Thanks for the suggestion Marcus.
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10 December 2024 | 10 replies
I need a suggestion here to handle maintenance and cleaningTURNO for automated cleaner payment and scheduling along with inventory trackingQuickbooks / Bookkeeper to keep my PM business in alignmentChase bank & trust accountI'd like a better method for managing linens (bulk order) and distribution.I'd love to compare property management / cohosting agreements with someone to share best practices.
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2 December 2024 | 1 reply
Also, I would suggest going to DIG (Diversified Investors Group) as well as DPI (Delco Property Investors) as they are two local REIA groups where you can meet other wholesalers and investors.
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7 December 2024 | 5 replies
I suggest you turn your moment into the best learning / earning moment.
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9 December 2024 | 4 replies
I'd suggest checking in with some social service organizations within a few miles of the property to see if they work with people/populations in the area looking for this type of house.
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11 December 2024 | 6 replies
If you can hold on till first part of January the showings and everything else should pickup.This would be my action items: 1. hire a new agent that can sell the place, and get you numbers are rent and selling and sell the place. 2. be honest on the numbers you can get on an ARV so that you can sell it 3. start to get the conversation started with a couple lenders on what these numbers on refi would look like for you and this property 4. my suggestion would be to refi/rent before selling at a loss because if numbers work you can hold for a couple years then sell, but this is dependent on your cash position and liquidity of your situation.