Anthony Miller
Aspiring Residential Investor
7 January 2025 | 11 replies
I’m particularly drawn to implementing the BRRRR strategy.
Austin Bull
AI and REI
29 December 2024 | 8 replies
It's truly an exciting time for AI development and implementation.
Matthew Drouin
Good Cause Eviction Law Passed - 3 Things You Need To Know
30 December 2024 | 15 replies
I guess we will find out when the implementation of the new law occurs and then is tested in court.Nevertheless, written documentation will be your friend.✅ Secondly, good cause has a max cap on yearly rental increases at a certain margin above CPI or 10%, whichever is less.For those of you who own stabilized, high quality housing like we do, this shouldn’t be a problem.But instead of keeping rents flat because you are a nice person or increasing just a little bit, you could get yourself in trouble when it comes to funding future major repairs and capital expenditures.As long as you are increasing to what the market will bear, you will be in good shape.Also if you are looking at purchasing blighted, dilapidated housing with the intent of raising rents and financing improvements to the property, you will have to take this into consideration and buy accordingly and on in place rents not projected rents.On the implementation side, however that pans out, you might be able to get these necessary rent increases to finance repairs but you may need to go to housing court in order to get the green light but we are just not sure at this point and remains to be seen.✅ Thirdly, in regard to objectionable tenancy and nuisance caused by disruptive tenants, you will need to document these violations with undeniable evidence.Because police reports are not usually able to be procured due to disturbances like drug trafficking or domestic violence, you’ll need to take matters into your own hands on producing that documentation.I recommend getting security cameras installed in all common areas and outside your properties.I’ve used SimpliSafe security cameras but you’ll need to install WiFi service at your properties so that you can maintain recordings in the event of violations and add to your lease that any tampering with said cameras constitutes a lease violation as well.This is still developing and once we get further clarity, we will host a round table with legal experts on how to best protect our properties and residents.
Devin James
We Need Higher Density & Smaller Homes - Thoughts?
12 January 2025 | 54 replies
There's a huge demand for Townhomes, Duplexes, Triplexes, Quads, and smaller multi's.I love cities who can implement those micro communities.
Don Konipol
Why Most Real Estate Investors Can’t Scale Their Investments or Their Business.
4 January 2025 | 14 replies
unfortunately this marketing specialist was NOT a specialist in marketing for real estate businesses, did not understand the unique requirements and characteristics of real estate, and hence implemented their “generic” on line marketing program.
Keith Wilson
anyone spend 7800 for Nate Barger BRRRR program and was it worth it?
19 December 2024 | 4 replies
Quote from @Chris Seveney: Quote from @Keith Wilson: Any feed back is welcome Have not taken the course but BRRR is basically dead right now due to interest rate environment - so if you take it I am not sure you can implement any training you learn at this time.
John Davey
Can you deduct interest (primary house) from a home equity loan to buy a rental?
3 January 2025 | 11 replies
That said there are some nuances and requirements to property implement interest tracing so ensure you talk to your tax professional ahead of time and keep the funds movement as clean as possible.
Avery Oblepias
Section 8 Tom Cruz
10 January 2025 | 22 replies
If he can help you implement what he's teaching you, and there is a community, then I would think the investment is worth it.Would love to hear if you join and your experienceGino I called him out as a fraud and asked for proof.
Corey Davis
Operationalizing & Scaling
31 December 2024 | 5 replies
When you do that, you can get better pricing and leaves less room for error.The best advice is to push forward as quick as possible, fail forward, and always continue to introspect on what you would do differently and then ACTUALLY go back and implement that change (easier to say than do).
Joshua Land
Converting duplex to assisted living facility how to
18 December 2024 | 2 replies
Quote from @Joshua Land: Look to learn, and hopefully implement converting my duplex into an assisted living center.