
9 March 2020 | 0 replies
Our meetings are fun, engaging, and informative.About the meeting:Whether you have a little or a lot of money to lend, or you borrow money, you don't want to make costly mistakes!

11 March 2020 | 29 replies
I just want to learn from this so I in the future I can decide if it’s wise to juggle multiple agents at once or maybe create a different system to choose one: I don't mean to pile on, but I can pretty much guarantee you that you are not getting a rock-star agent.A rock star agent would be so busy with all the referrals and existing clients that the last thing he/she would need to do would be to encourage lying and also engage in unethical behavior to obtain an out of state client.Rest assured, when a tough situation arises, this agent will lie to you as well.

6 April 2020 | 28 replies
@Michael Gabin Hi Michael,It sounds like you are getting ready to jump and that you have already done a good deal of legwork - people have already identified the key categories: Single Family Homes, Multi-Familys 1-4 for residential investments and 5+ for commercial, Retail property and commercial properties - and then there are the specialist areas like Hotels and Mobile Home Parks etc.Some general guidelines are:Decide on your ultimate income requirement per month or per year - tax benefits and appreciation are often factored into these calculations but if you want somewhere to start that would be a good place.Once you've done that you can then start to work on the cash-flow per unit - a good rule of thumb is $200-$400+ for a SFR and $100-200+ for a unit in a multi-family ( that's Cash flow after expenses)If you plan to diversify within your Real Estate portfolio then you would be looking at a mixture of those cash-flows to make your required incomeThat leads you to think about how you would like to manage the properties - do you want to engage management or manage yourself - this is another piece of the puzzle to decide so you can get startedOnce you've got a clearer idea of the overall shape then you would decide about the best way to organise the investments in terms of capital outlay...Basically you would either;Pay cash outright - NOT a great plan financially probably don't need to go into that!
25 June 2020 | 7 replies
Alternatively, you can engage a CPA to do this research for you.

8 June 2020 | 41 replies
How to engage a contractor to help with you project?
11 June 2020 | 13 replies
I am also engaged in a couple of ground up townhome development)s.

9 June 2020 | 7 replies
My top priorities are always looking into any unmentioned pets or them engaging in any illegal activity.

26 August 2020 | 4 replies
We are building to HUD standards now so we do not have any issues with design review when we engage.

8 June 2020 | 1 reply
However, I have no regrets and new learnings to engage in future deals and know what makes an investment good.

9 June 2020 | 31 replies
Also, your "rules of engagement" for your hired help should be clear with them, and that is that they are there to address a particular issue and nothing else, without your prior approval.