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26 December 2024 | 4 replies
Also consider contacting houses that look vacant, simply door knocking in a neighborhood that you are interested in and talking to the homeowners in a genuine way, For Sale By Owners is another potential, using an App like Nextdoor or Facebook pages/groups related to local real estate and just telling the group what you are looking for, contractors also know about houses coming on the market soon and so do property management companies, and finally garage sales are a good way to find off-market properties as people prepare to sell.To Your Success!
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14 December 2024 | 12 replies
This also leads owners to ASSUME simpler is better when it comes to management contracts.
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26 December 2024 | 2 replies
They run a customizable fund platform that many fund managers have started using in recent years.I'm not involved in the development space much, but a newer person can generally only offer so much to a more experienced person in this business.
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25 December 2024 | 10 replies
If your son is your property manager, he may need a real estate license, you might want to check on that. 8.
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5 January 2025 | 24 replies
@Hamidou Keita House hacking by converting a single-family to a duplex is a smart strategy, but requires careful planning.Pros: Offset living expenses, higher rental income, increased equity.Cons: Significant conversion costs (permits, construction), zoning restrictions, living in a construction zone, managing two tenants.Key Considerations:Feasibility: Check local zoning and permitting.Costs: Get detailed construction estimates.Market Analysis: Ensure post-conversion rent covers expenses and there's rental demand.Resources: BiggerPockets forums, local contractors, real estate agents.Have you researched your target property's conversion potential?
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24 December 2024 | 44 replies
With management or attempting OOS self-managing?
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24 December 2024 | 5 replies
The Title Holding Trust or Land Trust will keep your name of the public record, but it can also complicate the property ownership and management.
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24 December 2024 | 9 replies
Cash Flow Planning Managing your cash flow will be crucial with this deal.
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28 December 2024 | 3 replies
It just feels like I’ve been making a lot of short term sacrifices for long term gains and I have to be really diligent with money management. or I could also just try to borrow money for the renovation, and pay off the line of credit over time, but I feel like that really would limit me and if the stock market(my collateral) went down I could also see some trouble.
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24 December 2024 | 1 reply
While I’m not in Little Rock, I’ve found that networking with local brokers and property managers can be key to uncovering neighborhood-specific insights.