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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.
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5 September 2024 | 2 replies
I don't want to regret the decision 10 years from now, but either option is a good one.
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13 September 2024 | 61 replies
It also engenders more inequity in the society when the wealthy gets more tax breaks but there is none for the poor.
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6 September 2024 | 64 replies
If rooms are unavailable this early in the booking cycle, I believe you chose a poor location.
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6 September 2024 | 8 replies
Insurance is the most important thing as he said.I wouldn't make any decisions on this until I got with a solid real estate INVESTOR CPA.
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7 September 2024 | 19 replies
I'm surprised that someone who recognizes the illegal importation of often unvetted individuals would seek to find yet another way to fleece the taxpayers.To answer your question, though, it would appear that the money being made is passing through non-profit agencies who then make the decision where to house them.
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6 September 2024 | 5 replies
Hey @Tyler Capolungo,I fully support this decision!
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3 September 2024 | 6 replies
While a deposit is almost always preferable, you should make a common sense business decision based on the circumstances and condition of the property, in my opinion.
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5 September 2024 | 1 reply
If all the above checks out, I'm not sure if I would ask for 1.5-2x Deposit, I would think this is more of a gut feel decision at reviewing all the documentation.Hope this helps.