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3 February 2025 | 1 reply
Over the years, with personal investment alongside investments from family and friends, I’ve been able to build a small portfolio of apartment buildings with a focus on cash flow through strong operations.
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7 February 2025 | 5 replies
I'd personally be a bit more conservative with the underwriting and make sure to see what the carrying costs could potential get to especially if this is a bigger renovation and not just cosmetic.
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7 February 2025 | 7 replies
I have no personal experience with them but they are the only company I know of that are built more for self managers and small portfolios.
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30 January 2025 | 6 replies
@Kris Lou Many factors go into PMC pricing:1) Locality (city/state)2) Neighborhood & Property Class (time to manage Class A < Class B < Class C < Class D)3) Property condition (slumlord properties hard to manage)4) Number of units (some economies of scale, but not as much as owners think)5) Owner expectations (some owners really want a personal assistant!)
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24 January 2025 | 8 replies
Quote from @Daniel Windingstad: Quote from @Obed Calixte: Some people have the personality, processes and systems & time to self manage, some do not.
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28 January 2025 | 9 replies
Quote from @Havital Miltz: I do not know that if someone is in the hospital you can force them to close, I am not an attorney, but I doubt any court will find in your favor, closings do not always happen exactly on the day that is planned, even if everyone is healthy and well, the wholesaler here is not the reason for the delay so I am not sure what exactly you can sue him/her for, they are also being held up due to the seller not being wellJust give the person some time to get out of the hospital, closing will probably not happen the very next day either, this is really extenuating circumstance.
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24 January 2025 | 16 replies
@Jerry Chilimidos I am not a CPA owever my understanding is any loans to your IRA can not be personally guaranteed.
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8 February 2025 | 8 replies
AND prices have come down a bit in the last few years.Get a good grip on your personal spending and CUT BACK on everything for a couple of years.
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7 February 2025 | 10 replies
@Jared Goldwasseri would strongly recommend you go to Cincinnati in person.
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4 February 2025 | 0 replies
Personal money How did you add value to the deal?