
15 July 2024 | 65 replies
Spend a couple hundred dollars and have an attorney draft a f*** off letter.

15 July 2024 | 5 replies
With his logic, the landlord would spend money to re-pipe the building, add another meter, and he would pay $23/month to get a separate bill, instead of paying half of the landlord's bill which runs about $15/month.

15 July 2024 | 17 replies
The last thing you want to do is have a long work day and then have to spend some hours on your rental properties.Hopefully you make good money given your credentials, position and the firm you work for.I would try to make your real estate as passive as possible.Try to find a third-party firm that can do as much as possible for you.Maybe you can find the property and they can do everything else from managing the rehab, finding a tenant and managing the tenant.Best of luck.

16 July 2024 | 18 replies
Spend the last year of college getting educated (assuming you'll graduate at 22, if not than your first year of work) and networking a ton.

15 July 2024 | 6 replies
For example, instead of putting down 25% on one property, they put 5% down on 5 properties to spend the same amount of capital.

16 July 2024 | 33 replies
And while that depreciation may be disguised by inflation, or area price increases, money does need to be spend as systems such as HVAC need replacement, roofs need to be replaced, and capital expenditures such as kitchen remodeling are needed for the asset to be rented at a profitable rental rate.

16 July 2024 | 41 replies
What does getting a NARPM designation do except signal to me that you're a PM willing to spend some money with an association?

16 July 2024 | 26 replies
It may be cheaper to only increase rent by $X amount, rather than spending tens of thousands on renovations and absorbing vacancy losses.

15 July 2024 | 9 replies
For example, you might borrow $200,000 at 12% interest so you can buy a house for $140,000 and spend $60,000 on renovations.

15 July 2024 | 12 replies
Sometimes you will spend time working on your business.