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4 February 2025 | 11 replies
The reason why I ask is because that could determine what loan options are available to you (and interest rates).
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22 January 2025 | 0 replies
Having the contractor relationship in place to move quickly and provide a high quality renovation at a reasonable price.
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4 February 2025 | 8 replies
From there we identify properties that could have some potential and if you are interesting in diving deeper, 1) we do a thorough video walkthrough to give you a realistic look of the property, 2) we give a ballpark estimate of rehab costs (we do 40 a year with our GCs o we will get pretty close), 3) we talk through market rent with our property management team, ARV, and potential highest and best use.Ideally you find great investor agents who know their market really well and have a network of resources to provide you with enough confidence to take reasonable action.
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25 January 2025 | 7 replies
Waste of time, huge room for error and zero reason for a customer to do this.....any Contractor worth his salt will have better pricing/quality/selection on the big stuff and will have guys on his crew that can do those dreaded 'parts runs' for the little stuff.
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1 February 2025 | 1 reply
Rent is late in month 8, but she has a good reason and it's the first time.
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31 January 2025 | 8 replies
You know this and the reason I am saying that I am considering in getting a real state license is the connections, the access to listing off market and possibility of earning commission that I can use to increase my portfolio.I think that being an investor agent will help me build a reputation and that can be good or bad.
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28 January 2025 | 3 replies
Over the last 10-12 years, the city’s been on a steady climb, and for good reason.
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31 January 2025 | 17 replies
There is virtually no reason to keep “cash” on hand for repairs.
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25 January 2025 | 1 reply
Once your emergency account has a reasonable amount in it, whatever that means to you, you might want to think about steering that payroll money into the investment savings account from each pay check and leave the emergency account money as is.
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30 January 2025 | 6 replies
@Vince Scipione This is very solid advice to keep it separate and I agree with you, the only reason I was even thinking of it was to help me raise the initial funds for my first investment.