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18 February 2025 | 4 replies
He would also be exposed to liabilities related to the property, such as lawsuits or property damage claims, which could affect his personal assets.
8 February 2025 | 7 replies
Someone to stock supplies, an appliance repair person, heating/air conditioning repair, plumber, lawn care person, carpenter, salesman, and occasionally an electrician.
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18 February 2025 | 7 replies
I'd be going to as many in-person networking events as possible...here is a list of the BP events: https://www.biggerpockets.com/forums/521-real-estate-events-...I have a separate list that is more encompassing that I can share as well!
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18 February 2025 | 8 replies
I won't have time to shop for things in person.
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5 February 2025 | 5 replies
If you need a conntection in Upstate NY I can direct you to the right person.
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20 February 2025 | 5 replies
What we found was only one other person contracted under $200 per square foot for clients and they also built within the city of columbus. the numbers have a much higher premium the closer you get to downtown. if you can't get the numbers to work my recommendation would be to get closer to downtown. we do build to rent development and single family home development and every line item is broken out. on the triples we have to build exterior staircases etc there are some things you can't really understand unless you build a lot. hope that helps but no one is going to build you for 110 a square foot. the lowest cost homes in our market at cost without a profit barely dip into 140 a square and we are in one of the cheapest construction markets and states in the country.
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20 February 2025 | 5 replies
Personally, I don't see tech company being able to handle the complexities of property management.
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24 February 2025 | 13 replies
I personally only use TN LLC because I am diligently maintaining all corporate formalities and staying up date with state LLC laws, this is my personal choice but again.. this all depends on your specific risk tolerance and investment situation.
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17 February 2025 | 8 replies
i've managed both OOS and in-person and both can be a pain but OOS is just harder for most new investors, period.
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14 February 2025 | 15 replies
And if they don't deliver, you need a truck and an extra person.