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5 November 2024 | 29 replies
Once you have a shortlist, sign up for an account with each one and test them extensively to see how they function.
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4 November 2024 | 2 replies
I started by going through the posts here using the search function and then trying to connect with the realtors and investors and whole salers and lenders specific to the city I am interested in!!
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7 November 2024 | 12 replies
., Mexico, Costa Rica) for diverse, stable cash flow.Invest in Multi-Family Value-Adds: Consider multi-family properties in growth areas like Texas or Florida where rehab can increase rental income and appreciation.Leverage Trusted International Partners: For global investments, work with local agents familiar with foreign buyer regulations to streamline acquisitions.Use Property Management for Scalability: As you grow, property managers can handle logistics, especially for out-of-state or international assets, so you can focus on new opportunities.For specific market insights or connections, feel free to reach out, I’d be happy to help.Best,Drago
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7 November 2024 | 11 replies
That’s awesome that you’re working towards expanding your portfolio with multi-family units!
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6 November 2024 | 5 replies
We choose to rent it by the month again this winter to snowbirds!
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6 November 2024 | 8 replies
The cherry on top is that one of the tenants is choosing not to renew as of 10/31.
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8 November 2024 | 9 replies
If you're going to a bank, you'll want to look for a smaller, community bank that has a history of lending on retail centers and multi-family...what they call "CRE" lending vs the owner-occupied "C&I" lending.
4 November 2024 | 8 replies
Additionally, there was still a fully functioning bathroom during that time.
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6 November 2024 | 5 replies
If you aren't sure who to choose from, ask each of them for a meeting/consultation to break down your goals, the market, and the acquisition process.Once you've selected one, have them draft the offer for you and take it from there.The best agents are responsive, knowledgeable on the local market, have a strong supporting team (i.e. lenders, title, inspectors, title, etc.), and know how to put together a deal.As @Michael K Gallagher mentioned, you'd want to clarify whether or not your agent is also representing the seller.
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7 November 2024 | 21 replies
It's not really a benefit to be confusing.For simplicity, it’s a way that some people choose to take title.