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31 December 2024 | 6 replies
Looked around the site, I only see lenders, property managers, agents, brokers, etc. but not developers?
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3 January 2025 | 7 replies
Lending terms will be important here.I'd say the biggest challenge thus far is making sure I feel comfortable managing this remotely, as it's located about ~150 miles east of Dallas.
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29 December 2024 | 0 replies
Purchase price: $2,800,000 Cash invested: $560,000 The property is a three-story multi-family residential building with six independent units, initially facing significant challenges due to poor conditions.Renovation Investment Summary:- **Structural Repairs:** $250,000- **Kitchen Modernization:** $100,000- **Bathroom Updates:** $50,000- **Exterior Improvements:** $100,000- **Holding Costs:** $50,000- **Property Taxes:** $30,000- **Insurance Costs:** $10,000- **Management Services:** $10,000
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4 January 2025 | 28 replies
We own or manage 230 acres plus trying to accumulate more.
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23 January 2025 | 30 replies
For example the first text on Goodin Development's web page says:"We build premium, market rate communities throughout Indiana and help busy professionals invest in real estate, without the hassle of having to analyze properties, manage tenants, or deal with any repairs."1) Where has Goodin Development built or are you building anything whatsoever?
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6 January 2025 | 28 replies
Real estate investing is not passive, even with a property manager.
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30 December 2024 | 4 replies
I’m currently in the research phase for obtaining my first property, and I am looking to gain insight on market trends, investment strategies, and project management.
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28 December 2024 | 1 reply
Even when we manage to reach a working voicemail,owners often assume we are just another "we buy land" serviceoffering far below market value.Given thesechallenges, we are eager to learn the most effective strategies for locatingpotential sellers and establishing a professional, trustworthy connection thatencourages serious consideration of our offers.Telephone/voicemail is informal, hence casual, hence “we aren’t putting much effort into this.”
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16 December 2024 | 21 replies
You can self manage from anywhere.
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2 January 2025 | 11 replies
My wife briefly help a friend manage their monthly short term rental in San Francisco while they were traveling and have a few friends that do it.Monthly rentals seem to book pretty well, but not at a significant premium to long term term rentals.