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17 November 2022 | 6 replies
Driving for dollars,advertising on social media,attending local rei meetups,word of mouth.If you have some funds to invest you can use bandit signs,car advertisement such as magnets,check your local county for a tax list,propstream or even deal machine.
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22 November 2022 | 56 replies
The real estate market is cyclical - sometimes its more fruitful to work with investors, other times retail buyers.
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14 December 2022 | 6 replies
There is no way to completely separate it from the main part of the house, as it also has the laundry machines, furnace, electric panel, and storage areas I need to access.
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14 December 2022 | 17 replies
If you have rentals to make friends then deliver a fruit cake too.
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1 December 2022 | 13 replies
(Yes, if you property manage all them, I get it could be somewhat passive… but PM is a total rip off and from most I talk to, you still are a major cog in the machine even when you do have PM.)
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22 December 2022 | 24 replies
I'll give you a non-cash flow real world example by comparing my very high priced Brooklyn Real Estate to a friend who bought in a high crime, higher cash flowing property in a bad part of Queens (Far Rockaway).Over 20 years, my properties ran like a well oiled Machine.
20 December 2022 | 29 replies
I highly recommend doing your own property management before outsourcing, especially if you only have one rental.Oh, my advice, set aside as much money as you can and devote as much time as possible to become a landlord master... better yet, a supreme cyborg landlord master—half human, half machine!
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1 January 2023 | 18 replies
Could be a brand new issue maybe a piece of fruit was left laying around.
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8 September 2018 | 106 replies
I'm enjoying the fruits of my labor along the way.
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21 June 2019 | 2 replies
. $350,000 at a 15-16% (projected) cap rate with room to expand the net a few ways (storage units, coin laundry, coin laundry detergent dispenser, delete the cable that is included in their rent *never heard of that one*, possibly a soda and candy machine in the laundry area since there is no convenience stores nearby etc); With all of these changes I'm hoping to push it to a 18-19% cap rate.