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3 February 2025 | 5 replies
Not much in terms of online reviews as far as I can tell
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21 February 2025 | 5 replies
Building a strong team (agent, contractor, lender, property manager) is key—seek referrals from experienced investors.
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11 February 2025 | 30 replies
We believe the best way to do this is:To ensure sustained occupancy, positive tenant reviews are crucial.
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10 February 2025 | 6 replies
You can pre-screen them for free, then run the credit/criminal background only for those that pass your initial review so you're not wasting time.
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10 February 2025 | 8 replies
Have you every experienced anything like this?
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11 February 2025 | 21 replies
I have heard mixed reviews about the market.
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12 February 2025 | 17 replies
In Philly and the surrounding counties, there are some great resources for financing, experienced contractors, and investor-friendly agents who can help with both acquisitions and resales.
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14 February 2025 | 4 replies
We’re currently using it for multi-family properties in a few core markets.While redIQ is a much more sophisticated tool that focuses on properties with over 50 units, our system is perfect for properties up to 50 units, providing an efficient solution for managing lead intake and financial analysis without the complexity of larger systems.Here’s how it works:Lead Intake & Processing: Automatically processes broker emails and key documents (OMs, Rent Rolls, T12s, etc.).Quick Review: Evaluates leads based on key metrics like IRR, price per unit, and more.Detailed Analysis: Extracts data from documents, evaluates financials, and identifies additional income sources.Market Research Integration: Automates checks on flood zones, demographics, school quality, etc.Deal Tracking: Uses Google Sheets to visually organize lead data—while not a full database system, it provides a simple and efficient way to store and track deals without the need for a full-fledged database like MongoDB.Financial Analysis: Built-in underwriting and financial modeling with automated reports.In addition to ZCG, I also own a portfolio of properties.
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23 February 2025 | 12 replies
.$847 in the bank699 Credit Score133% revolving utilization/over the limit maxed out personal credit cardsQuite a bit of other high interest debt/loans borrowed during the first year in business$3,580,000 Appraised Portfolio Valuation$2,139,400 DSCR Mortgage Debt in my LLCs$1,440,600 Equity (Appraised Value-Mortgage debt)8 Remodeled SFRs1 Converted Remodeled Duplex2 SFR Remodels currently in process2 Apartment Buildings - 13/14 units occupiedA little more experience to say the least234 Audible books in my libraryAs I'm sure any experienced investor can gather, having the sizable amount of personal debt as I do, supplier house account payments due, PMLs that need to be paid, etc, not having liquidity/any money in the bank is an ISSUE.
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23 February 2025 | 16 replies
My thoughts: don't get set on just one trend since your goal is to purchase in 2026, as we've all experienced, a lot can happen in a year.