Craig Salzer
Norada Capital Management notes
1 December 2024 | 68 replies
Go and do a thorough investigation.
Chad Verde
$130k Cash what to do?
26 November 2024 | 31 replies
Always ensure thorough due diligence to protect your capital and achieve strong returns.If you need any support or tailored financing for these strategies, let me know.
Jonathan Chan
Thinking of becoming a private money lender? Vet your borrower properly!!
25 November 2024 | 16 replies
Thorough vetting is absolutely essential in private lending to mitigate risks and protect your investment.Here are a few additional tips to enhance your due diligence process-Assess Their Exit Strategy: Whether it’s a flip, rental refi, or sale, make sure their exit strategy is realistic and aligns with market conditions.
Val Berechet
Is it still a good idea to invest in Tulum, Mexico?
11 December 2024 | 101 replies
Thanks again to @Mike Lambert for a thorough and superb reply, seriously thank you.
Keri Win
New landlord: Need advice on apps to manage your property and lease agreements
19 November 2024 | 23 replies
Every system you try will have flaws, or you may salivate over a feature that appears in other software.Some familiar names are mentioned frequently: Stessa, Apartments.com, RentRedi, TenantCloud, Innago, RentManager, Avail, Rentec Direct, Doorloop, etc.I recommend conducting thorough research on each app online to understand their offerings, pricing, etc.
Andrew Fidler
Anyone else having problems with LMHA Section 8 in Toledo???
22 November 2024 | 9 replies
I haven't been expanding my business with LMHA since the end of 2016 per my posts above so I don't know exactly what changed, but I expect the outsourcing of inspections to private industry + some executive level leadership + replacement of staff with new faces excited to serve the needs of HUD/Landlords/Those In Need has resulted in an agency I will develop more business with.The HCVP will always be a double edged sword for landlords (See Section 8 Bible discussion) but for now I have discovered it is finally worth the effort to participate in the program.I specialize in Toledo's transition neighborhoods, discounted houses on the edge of nicer areas but also on the edge of trash...the Section 8 program allows me to get long-term tenants who are a good business model provided they are consistently managed and visited/inspected for additional "visitors" (relatives and random dogs/cats) and damage/housekeeping which can destroy a home if left unchecked.You need to know the rules, repair and renovate for long-term durability, prepare for inspections thoroughly and keep a team of contractors who will hold those standards...after 8 years we have been through a hundred inspections.
Ricky Hernandez
First Time Home Buyer Inspection
20 November 2024 | 15 replies
Mainly because home inspectors already have tools and systems for quickly generating thorough inspection reports to help you negotiate credits, concessions, and/or price reductions.
Scott Trench
Syndicator Threatens LPs for Negative Comment about them On BP
26 November 2024 | 86 replies
Investors need to do a thorough background check on the key INDIVIDUALS that they would be relying on to invest and manage their money.
Kylie A.
EA OR CPA Whats the best in your opinion?
18 November 2024 | 15 replies
Just make sure to check their credentials and experience, and find someone who can explain things in simple terms.Also, keep an eye out for any red flags, like promises of huge refunds without a thorough review or pressure to pay a percentage of your refund.
Muhammad Kashif
Options for cash only passive RE investments
17 November 2024 | 9 replies
Just be sure to thoroughly vet the operator’s track record and the deal structure.