Jonathan Baptiste
Any advice on finding dependable contractors
23 January 2025 | 10 replies
I'm a pretty handy guy but this would be outside of my realm, but my experience helps me understand how much this type of improvement should cost.Improvements: remodel kitchen and bathroom, paint interior, fix exterior scafolding.How should I go about finding a contractor?
Patrick Brown
SBA loan when remainderman on life estate deed
23 January 2025 | 2 replies
We understand that but frankly we are extremly reluctant to ablidge.
Grant Shipman
6 Mistakes Every Co-Living Investor Makes... & How to Avoid Them
22 January 2025 | 0 replies
Ineffective or Absent Conflict Resolution ProcessEvery successful group of people needs an effective conflict resolution process characterized by:simplicity to understand and remember;quickness to start and complete;a clear vocabulary.My company, Livingsmith uses and recommends the 5-on-5 Process for conflict resolution in co-living homes.2.
Briar Blake
Property Managers Violated Contract
25 January 2025 | 13 replies
That's bad.Personally, I would look for another property manager who understands the importance of communication.
Desiree Board
Advice for a new long term rental investor
23 January 2025 | 26 replies
Since this would be my first long term rental property do you recommend starting with a property manager from the beginning or managing the property myself.I understand that there are pros and cons to all of these scenarios, I'm just looking for various insights.
Alon Saar
Where to Start?
27 January 2025 | 1 reply
I am new in BP, and I am looking to understand where I start with learning about REI.I currently live in New York which it's not a good place to start investing.i know the difference between STR,MTR,LTR....
Jemini Leckie
Unrelated Tenants In a House Hack
14 January 2025 | 2 replies
I understand that they would all be considered unrelated even though two of them are cousins.
Delroy Watson
Network building and knowledge sharing
27 January 2025 | 3 replies
I want to build my network, get a better understanding of this market and share my knowledge with others.
Stepan Hedz
Unraveling the Potential of Phoenix's Distressed Property Market
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.
Anne Christensen
Has anyone used NCH Inc
21 January 2025 | 2 replies
If you are new and don't have a clue, then I would certainly recommend them or some company that can guide you through things until you have an understanding.