
15 May 2024 | 14 replies
Additional streams of income:1) Have mortgage broker present at open house (and charge them "$5000"%) to pre-approve those who want it (but don't make that a requirement to bid).2) Sell the bidder list to other investorsI have not seen any such ads in my area and I'm wondering if it's because this system is not effective or is it because nobody is utilizing it?

14 May 2024 | 25 replies
Think diversified income, ability to market effectively, no risk of OTA algorithm changes that have negative impacts, etc

15 May 2024 | 17 replies
I would second Bonnie, If we could look at the listing via link we can provide some more productive and effective feedback.

15 May 2024 | 22 replies
But they just voted in August to adapt the 2021 IBC to go into effect in March; haven't reviewed for differences yet.

15 May 2024 | 48 replies
Such an arrangement could be modest, ranging from 1% to 5% for the seller, and would only come into effect in the future upon the sale of the property.Sellers will likely have concerns regarding the assumption of liability.

14 May 2024 | 17 replies
Is there a cost effective, including insurance, way to park over the stormwater basin.

14 May 2024 | 4 replies
Free attorneys from tenant-support groups are very effective in finding ways to block and delay.PS: for anyone interested in supporting our landlord legislative efforts please join the Rental Property Association of Wisconsin RPAWI.org which is a Milwaukee-based non-profit.Cashflow in Milwaukee is still possible at current interest rates, but you have to be careful to not "buy cashflow" with a huge capex liability that comes with old buildings!

14 May 2024 | 2 replies
Tenant Management: What have you learned about managing tenants effectively while sharing the same property?
14 May 2024 | 7 replies
Conceptually think of house hacking in the NYC metro as a reduction in rent.It all boils down to the numbers, but if the direct property costs (mortgage + insurance + tax + capex/repairs + vacancy) - the income (rental income) is less than your rent, you are effectively saving yourself money, aka "rent saving"I did this in 2014 in Westchester county (different location, different time, different market), but effectively cut my rent in half.Regarding Basit's suggestion, I would follow this ONLY if your cashflow from the other market is greater than the "rent saving" in NYC on a per dollar invested basis.Joe

15 May 2024 | 16 replies
As a Spark investor, you are effectively paying double fees (Rise48's and Spark's) and then the cash flow coming from Rise48 is stripping 30% off for their carry, and of the remaining, Spark is stripping another 20% for their carry.