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29 January 2025 | 23 replies
Prices a few years ago were based on expectations of (in addition to interest rates staying low): - Then current operating cost assumptions (like insurance cost expectations being flat)- A seeming disregard for record levels of new inventory / supply hitting the market- Extremely high inbound migration expectations which are likely to not be met, due to both natural disasters and the boomerang effect when people from California or the Northeast move to the American South and hate every minute of the humidity, the large and relentless swarm of insects, and the occasional hurricane.
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16 January 2025 | 19 replies
We run investor relations in house with our company - so I believe this adds another level of transparency when communicating with investors.
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22 January 2025 | 56 replies
I’ve been on a journey for about eight years now, moving from a negative net worth to a modest level of wealth, with goals to keep growing indefinitely.
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10 January 2025 | 14 replies
The lot is flat and level, so we only need a short gravel driveway.
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8 January 2025 | 1 reply
The answer to this will come down to comfort level, funds available, and strategy you are looking to implement.
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16 January 2025 | 1 reply
For full time management rates can range from 20-30% of gross revenue depending on the level of services provided.
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13 January 2025 | 7 replies
Whether you need a CPA with just three rentals depends on the complexity of your situation and your comfort level with DIY tax prep.If things are pretty straightforward, you might be fine with tax software for now.
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10 January 2025 | 4 replies
If they work and the risk level is something you are comfortable with, go for it.
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2 February 2025 | 20 replies
It does not appear that many newbies (or experienced) investors are buying much (transaction levels are at record lows).
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9 January 2025 | 3 replies
I think the before vs after pictures really speak primarily to your experience and ability to execute a project so it can help lenders gain comfort with future projects and allow you demonstrate what level of detail you except out of your contractors.