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27 December 2024 | 21 replies
in our area that is a real big deal.. we did another demo and left a few pieces of flooring an inspector came on our job determined they had asbestos in them and we violated taking asbestos items to the regular land fill.. that cost me 19k in fines and 18k in lawyer fees to keep the fines from being really big..
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26 December 2024 | 13 replies
A property manager can be a great asset for regular check-ins and updates.
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20 December 2024 | 0 replies
Up until then I was cheerleading the earlier thought experiments about supporting lean/regular/fat income with ~$1000 / month per paid off SFH, thinking “I could bang that out in 5 years”.
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21 December 2024 | 7 replies
One idea is to proceed with the 1031x, save on the capital gains, parlay your proceeds into income-producing properties, and capitalize on the low-interest rate offered by these operators.
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31 December 2024 | 49 replies
Then I wrote 3 books, became the person in charge of education in my REI and had to produce presentations every month (at least 2) for it, and before I knew it,...It's not as hard as you think, at least it was for me.
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17 December 2024 | 0 replies
When investing in real estate, having multiple exit strategies is key.For a single investment property, make sure the numbers work for both scenarios: 1️) If you decide to sell the home, the deal should produce a solid return. 2️) If you need to rent it out, the rental income should cover expenses and provide a profit.Flexibility is what saves you when things don’t turn out as planned.
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19 December 2024 | 9 replies
Ensure compliance with local laws, start with smaller loans to gain experience, monitor your investments regularly, and trust your instincts as you navigate this venture.I myself, as a PML.
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25 December 2024 | 12 replies
If you were to say to them, for example, "I see you have a baby coming, so I'm not going to renew your lease since you are regularly late paying now
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9 January 2025 | 46 replies
So they engaged me to produce results..
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31 December 2024 | 22 replies
This is the exact same approach we are taking - information has gone out a few times in our newsletters over the last year and a half, with more details available upon request, along with FYIs to clients at year end or other regular meetings.