
31 October 2013 | 25 replies
I even rented out the spare rooms in my house to get a feeling of what a property manager is supposed to be doing.Some things to learn about about: Market Analysis, Deal Analysis, 50% rule, underwriting guidelines for financing investment properties, interviewing property managers, insurance for investment properties, exit strategies.The hard part is learning everything you need to know BEFOREHAND and applying it towards your first purchase.

21 May 2013 | 12 replies
I have helped a friend market an online retail business and spent every spare second of free time doing marketing to help it get off the ground.

14 November 2020 | 5 replies
This leaves one spare bedroom for family and friends to come visit me.

16 November 2020 | 4 replies
I'm in a different market, but I was in an almost exact situation to you before I purchased a SFH to rent out spare rooms (seriously, within $1-2k of your cash is what I had saved for a down payment and pretty much the same accumulation rate per month).While it's not what I did, I would point out that there are plenty of ways you can creatively finance a multi even with only $15k on hand.Here are some things I considered in making my choice to go SFH; hopefully you can dissect and figure what does/doesn't apply to your case:- SFH required less cash upfront (between DP and closing) than a multi, this way I wasn't having to deplete all of my cash just to aquire this first home.- Repairs and improvements I wanted to do for a SFH were much more cost effective than any multi I would have been able to afford.

18 November 2020 | 1 reply
Do the brrrr method on trailersAnother is to rent a large house or apartment and househackAnother option is to find someone doing a brrr and offer to live their and help rehab in spare time.

25 November 2020 | 1 reply
Immediately, I rent out the two spare bedrooms to two young male friends for $450/month each + shared utilities.

8 December 2020 | 12 replies
Take your "coat closet" and make it your cleaning closet.6) Get kitchen gear that is easy to clean (dishwasher safe) and matching, with spares. 1)

27 December 2020 | 1 reply
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7 December 2020 | 13 replies
I also don’t like anything with one bathroom if something happens there is no spare and it is uninhabited.

9 December 2020 | 63 replies
If you want to modify this Agent's behavior and spare others the maltreatment you were subjected to, requesting the proof of presented offer docs and filing an ethics complaint with the local Board of Realtors Grievance Committee is a good way to send a message by elevating the situation to both Principle Brokers and involving the Board.