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21 March 2024 | 10 replies
From what I see in your post, the only issue thus far is expecting 20% down on an undesirable collateral type to most lenders...Cheers!
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19 March 2024 | 15 replies
.) -- failing to hire a property manager in an effort to save some $$$ when you're not local AND you're not intimately familiar with the market is almost always a penny-wise, pound-foolish move.
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18 March 2024 | 7 replies
I'm old and retired at 65% RE, 20% cash and the rest is IRA's, a few stocks, some dividend paying funds, and I almost forgot; 11 pounds of silver we use as a door stop!
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20 March 2024 | 19 replies
In every training session I attended it was POUNDED into our heads that there was no such thing as a "standard" commission.
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16 March 2024 | 36 replies
I love this country mate but it's starting to resemble communism...The most thankless job in all of real estate is property management.It's almost impossible enough to find a legit operator like yourself and then folks request lower fee's.Unbelievable...I don't think folks understand how much time and effort is needed to property manage "properly" and the 10% is peanuts.Sure, if you pay in peanuts you will get a monkey heheTry self managing and many will come back crying in a few months.Just my opinion after pounding the PM pavement for 10+ years now
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7 March 2024 | 12 replies
An ounce of prevention is better than a pound of cure.Inspectors can vary DRAMATICALLY in their experience levels, and their thoroughness, and even the best inspectors will occasionally miss important issues (nobody's perfect).Therefore, each time I buy a property, I don't use one home inspector, I use SEVERAL layers of inspection done by SEVERAL pros.Yes, I use a regular home inspector, but I also have an experienced plumber scope the sewer line on EVERY property before I buy.
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6 March 2024 | 2 replies
- The pounding inside my head.
5 March 2024 | 7 replies
If theyre just going to send you a portfolio booklet or send you to a website of all their listings tell them to pound sand.
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1 March 2024 | 15 replies
They are most ideal when you have a lot of rooms All you're gonna get is undesirables.