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5 September 2024 | 11 replies
This applies in most areas of life, but if someone is simply agreeing with you, dropping PM fees down a percentage or offering discounts up front and sounds a bit desperate, they could be experiencing high turnover and poor customer retention.
6 September 2024 | 8 replies
Just keep in mind that you need to be ready to run the numbers and make a decision fairly quickly.
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4 September 2024 | 9 replies
Worse decision I have ever made.
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7 September 2024 | 7 replies
Hartford, typically- is a time intensive, managerial headache. lets just say that the reconstruction of everything went nearly perfect.( Which if your first decision is to skip the professional planning process. seems highly unlikely. ) Anyways lets table this thought for a moment.
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6 September 2024 | 4 replies
And you need to weigh those pros and cons to make sure Section 8 investing is the right decision for you personally.I'm currently starting an eviction on one of my S8 tenants because she's trashing the place.
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6 September 2024 | 14 replies
Hidden damages or poor construction can cause issues down the road.
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6 September 2024 | 0 replies
The main lesson here was the value of speed and decisiveness in executing profitable flips in competitive markets.
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9 September 2024 | 12 replies
To make the best decision, consider risk tolerance, market timing, future investment plans, and exit strategy, and consult a financial advisor.Good luck!
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7 September 2024 | 11 replies
Some properties will require different rehabbing than others, but we will stick as closely as possible to the system we have in place for ALL properties.TEAMS AND SYSTEMS In time, our team will grow to consist of the following: Agent/Broker CPA Lawyer Escrow Officer/Title Rep Insurance Agent Property Manager Handyman Private Lenders/Equity Partners ContractorsWe will follow the same rehab plan for all properties, as closely as we can, in order to streamline all decisions and maintain the desired budgets for each property.EXIT STRATEGIES AND BACKUP PLANS Our foremost exit strategy will be to sell the property once it has been rehabbed.
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5 September 2024 | 9 replies
I share this because too many investors focus on number of doors and turning over their equity but make bad purchases and/or purchase in neighborhoods with poor fundamentals.