
12 August 2024 | 11 replies
There are rules to follow, docs to create, timelines to follow.

12 August 2024 | 5 replies
My primary goal is appreciation over the next 5/6 years, cashflow positive preferred but cashflow neutral at a min.I am considering the following options:1- Purchasing a new duplex from Two Ten Communities in Buda.

11 August 2024 | 6 replies
I've gathered that one of the best ways to learn is to follow, shadow, or talk with those who have experience and have found success in REI.

12 August 2024 | 6 replies
But per lot it will cost roughly the following:$1,500 Electrical poles, meter installation $2,000 water taps and connections$5,000 grading and land prep$8,000 septic installation (assuming a 1:1 ratio of homes to 1000 gallon septics)$5,000 down payment on each home ($700-750 / thereafter per unit)$21,500 total set up x 17 = $365,000Ongoing expenses after development would look something this for POH model: $12,750 a month in mobile home mortgages (17 x 750 for PITI on each unit) $1,900 a month in land mortgage PITI (house) $3,000 a month landscaping$2,000 a month in reserve emergency fund$2,200 management$21,850 a month total expenses $262,200/yearOngoing incomes after development would look something this for POH model:$27,000/month ($1500 x 18 {17 mobile homes plus house})$324,000/year324k-262,2k = 61,800 net pre-tax profit or $5,150/month.Opportunities to reduce start up expenses: Bulk deals with the government or contractors for doing all the work at once (electrical, water, land grading, septic) Trade free rent for someone to mow and landscape (turning a $3k event into a $650 event every month).

12 August 2024 | 4 replies
I am also not understanding the concern about a rental license raised by the follow up post.

11 August 2024 | 16 replies
I am looking to gradually start buildling my team again and would appreciate solid references for the following specifically in the Cleveland, Ohio area :- Investor friendly real estate agent - small bank lenders/ private lenderes- inspectors- appraisers- contractors Thanks in advance, and happy hunting :)

11 August 2024 | 16 replies
And for a period of time, they were right: The financial crisis and Great Recession followed, and the market value of that property dropped almost in half on 5 years.

14 August 2024 | 51 replies
So far, I found out that, they did the following changes without asking me or get any acknowledgement from me.

11 August 2024 | 12 replies
Many times, this approach has helped us avoid having to follow through with the eviction altogether because they will pay when they start receiving the required notices.Consistently sticking to the process also helps save time and energy by reducing the need to address delinquent payments on a case-by-case basis and lets the residents know what they can expect if they do not pay on time.Best of luck, and I hope this situation improves soon!