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9 August 2024 | 18 replies
I plan to regularly re-evaluate and refinance properties to pull out equity for further investments without over-leveraging.12.Professional Management: I’ll consider hiring a property management company to handle day-to-day operations, freeing up my time for further investments and strategic planning.Additional ConsiderationI've considered using the BRRRR method instead of paying off the mortgage first.
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6 August 2024 | 1 reply
I cleared $10k on my first one.We ended up clearing $30k on the second one.The last flip was very stressful for my wife and she wants to keep our finances (HELOC) out of the next one.I am going to look to find a financing partner to cover the carrying costs of the next flip.On a $400k house (average for my area), the total investment would be $85-$95k and would be paid directly to the lender and subs/suppliers, not to me.I can bring the lender, as I have a good rep with the one I use.I will do all the rest.
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8 August 2024 | 27 replies
Consider hiring a professional tenant screening service that offers more in-depth checks, including eviction history, credit reports, and criminal background checks.7.
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11 August 2024 | 49 replies
At worst, and I guarantee MOST fit this group, you get pitched because you just said code for "hi, I'm a paycheck, come and sell me".......If you have 0 focus or intelligent direction for your $$$$, do the smart thing, hire a professional who does and does this as a service.
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8 August 2024 | 2 replies
The property i am planning is not listed for sales, is there such thing as negotiation service for hire to help me to convince the owner to sell his property?
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8 August 2024 | 19 replies
Then if she is, hire an eviction attorney.
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7 August 2024 | 15 replies
Get rid of this tenant via eviction or Cash-for-Keys and hire your own inspector when you visit the property to fully understand its condition and needed repairs!
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9 August 2024 | 13 replies
At that point you should have the money to hire a bi-weekly or weekly person to come by and do everythng for you - write checks and everything.
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7 August 2024 | 0 replies
If I hired a PM that would also take care of collections (among other things) would I still need a service like rent redi?