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5 July 2024 | 5 replies
So with the pictures and communication documentation throughout the build it was handled with some negotiations and verifications.
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10 July 2024 | 112 replies
Then you want to take the cash from the stabler assets and roll that back into another high ROI method.
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5 July 2024 | 8 replies
If so, by what method would I do so?
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6 July 2024 | 8 replies
I believe that successfully navigating this initial investment will pave the way for future opportunities, whether in the same market or elsewhere.Living in New York City, I faced a challenging market ;)I chose Montgomery, Alabama.Here's my process:I compiled a list of states with favorable landlord laws.Using Brightinvestor, I identified cities within those states where the median home price falls below the national average ($420k).I excluded cities with negative income growth and rising unemployment rates.I focused on cities with strong appreciation rates over the past five years (over 10%).I compared price-to-rent ratios.I did break two rules: Montgomery has a slight decline in population, and its largest employers are an Air Force base and government agencies.One significant factor that influenced my decision was the promising price-to-rent ratio, suggesting potential for positive cash flow (though I remain cautious about appreciation).Regarding my acquisition strategy:I plan to employ the BRRR method with cash.
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4 July 2024 | 24 replies
Hi Justin.Nice to meet you here We are also investor in the high desert, we have been doing the house hack method so far 3 sfh in Hesperia and apple valley.
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4 July 2024 | 3 replies
Quote from @Jason Leigh: Here's what I would do.Write a very short, professional letter to the property manager explaining that they failed to communicate with you about anything, particularly the "services and maintenance" that was never communicated to you or approved by you.
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6 July 2024 | 29 replies
Most successful investors are willing to share their methods.
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4 July 2024 | 10 replies
With that said he was clear and communicated what he would push back on, why, and how.
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3 July 2024 | 15 replies
The communication (lack there-of) with the PM is an issue but I'd travel there myself and see what's completed.
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7 July 2024 | 42 replies
Get all of your communication together with this gentleman and make it easy for your attorney to see what is happening.