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12 January 2025 | 28 replies
Pack their items, change front door locks and give new locks to other tenants.
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30 January 2025 | 48 replies
Over two years, I built up 12 doors, which now generate about $100k in net income annually.
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17 January 2025 | 9 replies
That helps some...but your variable expenses also go up too - property insurance & taxes - so a lot of your rent increases go to offset rising variable expenses.I started at the age of 47 in 2018 and we bought properties fast and furious - 12 the first year, 10 the next, and 9 in 2021 and currently have 38 properties.
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22 January 2025 | 1 reply
It’s exciting to see how doors open when you have someone who knows how to navigate the space.I just wanted to share this because it’s been such an eye-opening experience for me.
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4 February 2025 | 5 replies
We built a single family home version of a 2 bed 1 bath with surface parking at cost with no profit all in with land for 175k in newark ohio, a suburb of columbus ohio. when we push that to 3 units and closer to the city for our build to rent model the numbers go way better. a 30k slab for a single family home is 30k, a 30k slab for a triplex is 10k a door. we designed a 2 bed 1 bath design at 668 sq ft and it's very good layout even I would live there, but I would never build anything that small again. there's no economies of scale. you need density and shared lines, resources, shared roof shared slab, shared windows, etc the cost goes way down.
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19 January 2025 | 21 replies
Eventually I want to get into single family and multi family rentals.As far as effort or work on the fixers; my brother in law is quite handy and my next door neighbor has said he would help in anything that is out of my scope of expertise.
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2 February 2025 | 9 replies
I chose to divide the two floors and put a locking door between the two at the stairwell.
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13 January 2025 | 2 replies
Hi, we are a small operator with 14 doors and Grasshopper told us we can't send texts anymore because we don't have a website.
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5 January 2025 | 0 replies
.📈 Interest Rates UpdateMortgage rates remained steady above 7% this week.For context:2017–2021 rates: 3.65%–4.87%Pre-pandemic average: 4.16%While today’s rates are higher, Las Vegas home prices continue to rise.
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28 January 2025 | 14 replies
Eddie Speed and NoteSchool say they have access to thousands of notes through mutual fund purchases by Colonial Funding, but I seriously question that they actually do, or that members get to purchase them.