16 May 2024 | 9 replies
Philly is pretty simple when it comes to adding more units, first you have to have the correct zoning (RM-1), if not you could apply for a variance, thought this is a long process.
17 May 2024 | 13 replies
Keep it simple with what you know.
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16 May 2024 | 4 replies
If you want cash flow in DFW (or to simple break even month to month in many cases), you have to create it right now.
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14 May 2024 | 11 replies
G'Day Bob,Not many "true" turnkey companies around anymore and I've seen a trend where investors want to DIY out of state and country.Personally, I think this is an even bigger recipe for disaster than buying turnkey.bBut that's just my opinion.Back in the day you had many "turnkey" companies selling crappy properties in crappy areas for a lot more than market value.Then they pass you on to a 3rd party PM that nickel and dimes you to death.Granted, if you want to DIY I would always advise moving to the market that you want to invest in.Spending enough time with key people needed to make your venture a success.Yep, easier said than done 🤷♂️If you DIY from out of state, you will probably find an "investor friendly" agent that will flog you expensive property from the MLS, refer a "good" contractor and then you will most likely also get nickel and dimed by a referred "trustworthy" PM.IMO, you are safer finding a reputable turnkey provider in a market that you want to invest in and go from there.If $#%@ hit's the fan (Which it always does in real estate), at least you have everyone to blame under the same roof.A true turnkey provider will have everything an out of state investor would/want and need under the same roof.No finger pointing is allowed lolI'm bias as we offer turnkey so take my words with a grain of salt.Just happy to offer my 0.2 Aussie cents.Wishing you much success
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16 May 2024 | 18 replies
Sometimes these simple updates can increase rent by $200-400 per month!
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14 May 2024 | 2 replies
Long-Term: Appreciation, loan amortization, potential tax benefits, and housing expense savings.I'd say the unexpected benefits of learning property management, deal finding, project management, renovations, and DIY-ing were more impactful than I initially thought.
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16 May 2024 | 158 replies
I don't know how some of you were quoted $15,000 to $20,000 for pretty simple stuff.
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15 May 2024 | 5 replies
@Stephanie Crawford at Movement Mortgage, we have a quick and simple low doc 5-10 business day close HELOC that you can use for this to avodi the headaches of the big banks!