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8 January 2025 | 5 replies
Quote from @Jonathan Greene: Just focusing on the passive income you want to achieve will leave you chasing cash flow which will have you buying properties in worse areas with harder tenancies that seem to cash flow better, but will have large cap ex.Any time someone asks a question about where to invest and it can be anywhere, they aren't ready to invest and are opening themselves up to every pitch in the world on an area.
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9 January 2025 | 15 replies
You might be able to get around the fact your entity owns the property by either transferring the property back into your personal name or by some personal guarantee or cross-collaterization agreement.
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3 February 2025 | 32 replies
That said David Greene just gave a good analogy.
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14 January 2025 | 3 replies
Also:_________________________________________________________________________Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
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2 January 2025 | 37 replies
.: Quote from @Jonathan Greene: Quote from @Joe S.: Quote from @Jonathan Greene: The adage about who you surround yourself with is accurate.
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12 January 2025 | 7 replies
If you are not already working with a realtor that is well versed in STR and knows ALL of the requirements for STR, do yourself a favor and reach out to @Josh Green.
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8 January 2025 | 6 replies
@Jonathan Greene I have 20-30k on hand rn that I can put into a deal.
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20 January 2025 | 10 replies
Quote from @Jaycee Greene: Hey @James Jones, welcome to the BP Forum!
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4 January 2025 | 26 replies
Quote from @Bruce Woodruff: Good points @Jonathan Greene !
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20 January 2025 | 23 replies
Quote from @Jaycee Greene: Quote from @Diandre Pierce: Quote from @Trevor Finn: Hi @Diandre Pierce,That’s awesome you’re looking to scale into a mobile home park!