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17 August 2024 | 2 replies
Go to your local REIA and see if there are any subject matter experts in your area that teach classes or give presentations.Even when the statewide statutes are the same, they often get implemented in different ways locally, so the national courses tend to be just junk.If you are determined to spend money on a course see if you can buy off ebay or alibris or FB marketplace.Lots of misinformation on tax lien/deed investing.
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20 August 2024 | 24 replies
Like many (most) businesses it requires an investment of capital; money expenditure for ongoing marketing; management of operating, marketing and professional personnel; keeping accounting records and filing tax returns; established sales practices; constant monitoring of goals, budgets, and productivity; establishment and implementation of operational systems; and providing customer service.
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16 August 2024 | 23 replies
The cash flow from the properties I am looking @ are low..The buildings are all under performing on what they could potentially get for rent..I see a lot of room for growth and cash flow on these properties, especially with two major projects in the village getting ready to be completed -more jobs and more foot traffic to Main Street are on the way..Carbon copy of Hudson and early 2000’s... Advice, buying a building that wouldn’t maximize for 15 to 24 months ??
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20 August 2024 | 452 replies
I'm in the process of implementing this strategy.
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16 August 2024 | 10 replies
STRs, LTRs, flips, etc Hello River, it's great to meet you.My current strategy focuses on utilizing small multifamily long-term rental properties by implementing the BRRRR method.
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12 August 2024 | 1 reply
Some say it’s possible to implement this strategy in Germany, while others claim you can't, due to regulations preventing the sale of mortgaged property before 10 years.There's a lot of confusion and misinformation, and no one seems to have solid information.This strategy is well-documented in the USA, with numerous videos on YouTube.
21 August 2024 | 182 replies
the consensus among most of us in this thread is that, regardless of our viewpoint on the proposed rules, they have a pretty low chance of actually being implemented.
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19 August 2024 | 52 replies
He is a visionary and I am a great implementer.
15 August 2024 | 5 replies
Furthermore, maintaining rigorous property management practices, keeping thorough records, and implementing robust tenant screening procedures can also mitigate risks.
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15 August 2024 | 6 replies
Screen tenants, Implement thorough tenant screening processes to minimize your risk of vacancy and potential rental income loss.4.