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18 November 2024 | 35 replies
Even though majority of my units have washer and dryer connects I give them the option if they don’t have their own to lease one.The cost of a washer and dryer from Home Depot, including hook up is around $1100.
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26 November 2024 | 46 replies
It's a double-edged sword, but for the smart ones who work hard and actually try at their W2, they will get that option to leave much, much sooner and not have to leap.
15 November 2024 | 4 replies
Here’s the quick-and-dirty lowdown to get you started:1️⃣ Where to Look:LoopNet & Crexi: Good for commercial deals, though the best ones go fast.MLS (Multiple Listing Service): Access through a realtor for hidden gems.Auction Sites: Think Auction.com or HUD homes for distressed properties.Direct Mail Campaigns: Target landlords with older properties (especially those with code violations).2️⃣ Systems for Finding Deals (Step-by-Step):Set Your Criteria: Market, budget, unit count, rehab level.Build a Deal Funnel: Use LoopNet, Crexi, wholesalers, auctions, and brokers.Analyze Quickly: Use a property calculator to see if it cash flows.Direct Outreach: Contact sellers or property managers directly.Get Your Network Tight: Property managers, realtors, contractors—they’ll drop the best leads.3️⃣ What Makes a Good Deal:Cash Flow Positive from Day 1.Below Market Value (usually needs rehab).Upside Potential: Think rent increases, better management, or refinancing options.4️⃣ How to Become the Better/Best:Study the Market Like a Hawk.
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15 November 2024 | 5 replies
You can do a quick search to bring up a few options that might fit with your property's location and your budget.
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15 November 2024 | 1 reply
I just have no idea how the contracts work, financing options outside traditional, etc. would love some help.
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15 November 2024 | 5 replies
Maybe a free option like I have with Stessa now?
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17 November 2024 | 13 replies
@Alex ThomsenThe standard NC contract (2-T) has two different deposit options.
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15 November 2024 | 1 reply
Smart cameras like **Ring** or **Arlo** can be a good option, and you can hide the recording box in a locked area for added security.
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14 November 2024 | 10 replies
This reduces exit options and affects the value. 10) Small number of small units is the most expensive residential development there is.
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14 November 2024 | 10 replies
I am not looking to get a real estate license for now, so that has seemed to limit my options as well.