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25 March 2024 | 118 replies
Many OOS investors set themselves up for failure because they don't truly take the time to understand:1) The Class of the NEIGHBORHOOD they are buying in - which is relative to the overall area.2) The Class of the PROPERTY they are buying - which is relative to the overall area.3) The Class of the TENANT POOL the Neighborhood & Property will attract - which is relative to the overall area.4) The Class of the CONTRACTORS that will work on their Property, given the Neighborhood location - which is relative to the overall area.5) The Class of the PROPERTY MANAGEMENT COMPANIES (PMC) that will manage their Property, given the Neighborhood location and the Tenants it will attract - which is relative to the overall area.6) That a Class X NEIGHBORHOOD will have mostly Class X PROPERTIES, which will only attract Class X TENANTS, CONTRACTORS AND PMCs and deliver Class X RESULTS.7) That OOS property Class rankings are often different than the Class ranking of the local market they live.8) Class A is relatively easy to manage, can even be DIY remote managed from another state.
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25 March 2024 | 7 replies
I still can't figure out how you did it for $3k, but more power to you!
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24 March 2024 | 10 replies
We did have 2 house managers , screw up and they had the power to get you back in line .
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20 March 2024 | 1 reply
., your new go-to expert for blending the worlds of real estate investing with cutting-edge AI technology and sustainable practices.
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24 March 2024 | 17 replies
Maybe AI can take over this industry to save everyone time and $ for buying and selling a house which isn’t that complicated of a process.
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24 March 2024 | 1 reply
- Once you have made improvements (ie. clearing land, bringing in power, etc. you will probably have to purchase a Liability policy2.
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21 March 2024 | 0 replies
The traditional role of the realtor is evolving, perhaps even facing extinction, as artificial intelligence (AI) and innovative disruption tools emerge.
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24 March 2024 | 15 replies
Real estate is an incredibly powerful tool to an investor in creating generational wealth.
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22 March 2024 | 22 replies
Hating that Airbnb owns the STR market is not the same as having actual power to meaningfully break away from it.2.
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23 March 2024 | 4 replies
If you do evict them they lose the voucher so there is a powerful incentive for them to follow the lease terms if you show the voucher recipient you're serious the first time they "try you."