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10 February 2025 | 24 replies
The low ones tend to not care about your property as well too.
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3 February 2025 | 3 replies
Hi Max, being "caring" and having a conversation with them at the door can save you.
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10 February 2025 | 11 replies
I only have one investment property in CA and that's been the most stable and best performing asset out of all of them@Wale Lawal Once this flip gone wrong is taken care of my portfolio will actually be pretty stable.
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27 January 2025 | 8 replies
You need to be careful about where you're buying and what your expectations are.
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11 January 2025 | 9 replies
To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!
8 February 2025 | 7 replies
Someone to stock supplies, an appliance repair person, heating/air conditioning repair, plumber, lawn care person, carpenter, salesman, and occasionally an electrician.
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27 January 2025 | 3 replies
Here are a few to watch out for:Property Condition: Most distressed properties need extensive repairs or renovations, which add to your initial investment.Competitive Market: With Phoenix's popularity among investors, competition for the best deals can be intense.Complex Deals: Foreclosures, auctions, or short sales are much more complicated compared to regular real estate transactions and usually require specialized knowledge.Tips to Successfully Navigate the MarketDo Your Research: Understand the local market conditions, including neighborhood trends, property values, and potential rental income.Build a Strong Network: Work with professionals who specialize in distressed properties-such as brokers, contractors, and legal experts-to make the best decisions.Assess Costs Carefully: Factor in the cost of repairs, holding costs, and any potential financing issues when evaluating a property’s profitability.Be Patient: Finding the right distressed property takes time.
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28 January 2025 | 42 replies
I am currently in the process of identifying land for a purpose-built residential assisted living and memory care facility in Houston, TX.
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26 January 2025 | 14 replies
I would be careful how you go about this one.
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12 February 2025 | 8 replies
I've seen plenty of high end places that still use metal frames, nobody cares/notices.