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15 January 2025 | 7 replies
Personally, my favorite way of sourcing deals is building relationships with brokers and nurturing those relationships by checking in consistently.
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24 February 2025 | 37 replies
Chris, this is the my favorite post on this thread so far.
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20 January 2025 | 6 replies
None were a match for me personally and many were not a strategy I wanted or too speculative (such as opportunistic strategy which is the riskiest strategy or investing in tertiary markets which also tend to be the first to go belly up when there is trouble etc).You probably actually want to look at your operating agreement to see what rights you have to books and records, etc.
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5 February 2025 | 29 replies
The only other cost is to the book-keeper who gets paid hourly to categorize a few transactions a month which takes less than an hour a month.Drawbacks of the lease option model.- There is risk in that the rehab has not been completed and the financing has not been secured so there may be unforeseen issues with the home or lending process that may cost more than the estimated costs which can then reduce profits.- The tenant buyer may decide to not exercise the option or may decide to terminate the lease early which may produce a profit less than the projected returns.- The money partner is not the only owner of the company which owns the property and thus has limited decision making over the property.
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25 January 2025 | 10 replies
Build a strong team with experienced lenders, real estate agents, and property managers, and educate yourself through books and podcasts.
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24 January 2025 | 36 replies
They manage listing and book guests.
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6 January 2025 | 3 replies
Then you can read a more in-depth book like The Book On Rental Property Investing by Brandon Turner or The Unofficial Guide to Real Estate Investing by Spencer Strauss.2.
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23 January 2025 | 11 replies
I suggest listening to the BP podcasts and reading through the blogs and books they offer.
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29 January 2025 | 11 replies
Do you also offer direct booking?
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30 January 2025 | 6 replies
I think I’m stuck in the paralysis stage, I have read some books and been to the conferences.