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29 January 2025 | 107 replies
You're welcome on the lists mate hehe đź‘Ť (No, not sending to anybody else as Luka has Balkan heritage I'm assuming and so do I so we look after each other haha).Wholesalers are a disaster and all of your equity/profit will go to them.I suggest cold calling yourself, learn/practice your pitch and then elevate and delegate.My folks have been doing just acquisitions for many years now but all good things take time.All the best mate
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9 January 2025 | 8 replies
I also advertise before someone moves out to get a new tenant before the current one leaves. 100% occupancy on a LTR is very common for me.No idea on a MTR.100% occupancy sounds great, but for a bigger portfolio or apartment complex, it usually means you're leaving money on the table.Here’s an extreme example: I could rent out 100 units at $500 a month and make $50,000.
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11 January 2025 | 2 replies
The truly tragic natural disasters in California, North Carolina, Florida and others of the past six months are evidence that no location is truly 'climate safe,' however there are geographical areas that can expect less weather extremes and lower costs of living, developing, insuring and seemingly...surviving.Â
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3 January 2025 | 2 replies
Hey Santosh,As of right now you're extremely exposed regarding insurance and I'm going to assume legally as well.If the home isn't registered as a legal multi-family with the town that's something you'll have to correct ASAP and make sure the home is up to code.Insurance wise as soon as they find out what you're doing they'll cancel you as the risk has changed from a single family owner occupied home to a multi family owner occupied home.
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8 January 2025 | 11 replies
Florida should be busy currently with people staying in the Winter to get away from the cold & snow.Â
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6 January 2025 | 38 replies
Despenas LLC aka SDIRA Wealth aka Modern Day Living Real Estate LLC are all scam companies that inflate housing prices in the neighborhood only to sell eviction-prone extremely damaged homes with no intent to perform the agreed-upon inspection repairs and send you through multiple corporate hoops after purchase only to completely ignore you immediately after the sale.
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6 January 2025 | 2 replies
Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!
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22 January 2025 | 56 replies
Achieving excellence in anything generally requires an extreme amount of dedication and time commitment, time that could have been spent doing a thousand other things.
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3 January 2025 | 3 replies
Two of the biggest challenges I face are that I’m not very liquid at the moment, and the Seattle area is extremely expensive.
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9 January 2025 | 46 replies
Soon after the start of the new year of 2022 and when tax season started getting busy, their quality of communication and response time start to degraded extremely bad.Â