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12 August 2024 | 5 replies
I have also noticed a change in the quality of tenants, it seems higher income earners are now renting for longer and also happy to live in the more working class areas.
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13 August 2024 | 13 replies
They already had what look like good quality cabinets with a nice subtle finish.
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12 August 2024 | 3 replies
3 quality tenants in place paying just shy of fair market value. 1 vacant turnkey unit.
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12 August 2024 | 6 replies
Quality is really good too.
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12 August 2024 | 16 replies
Our folks do that method too.
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12 August 2024 | 30 replies
Landlord friendly, low taxes, no rent control, and strong metro growth make it a high quality investment for a lot of investors.
15 August 2024 | 33 replies
Given your current savings and monthly savings rate, you're in a strong position to start your journey.BRRRR StrategyThe BRRRR method is a powerful way to build your real estate portfolio by leveraging your initial investment to acquire more properties over time.Cleveland vs.
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12 August 2024 | 0 replies
Balancing speed with quality is key to maximizing profitability.
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15 August 2024 | 57 replies
Labor rates vary, but not so substantially to be as big an impact as property features and tenant quality.
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11 August 2024 | 7 replies
Personally not a fan of out of state BRRRR.I think it's a recipe for disaster and having been in the game for 10+ years, I've seen the disaster first hand as I bought hundreds of deals from disgruntled out of state investors who thought they can do it themselves.My property management company has doubled in 12 months also due to out of state investors getting caught with a poor property manager when trying to do it themselves from afar so they come to us for help 🤷♂️I'm seeing many investors buying D class crap on the MLS for too much and that needs work.They end up being into the property for 30% more than they would be that if they just bought turnkey.A true turnkey provider will find the cheapest/best deals through a variety of acquisition methods, renovate well and sell for fair market value (And manage in-house).If things go South, they are solely to blame and the penny drops with them.But with DIY, who is to blame?