Andrew Caton
Finding deal sponsors for multi family
21 November 2024 | 18 replies
The GP was so open and transparent every step of the way with the different types of insurance that were essential, adjusters, replacement cost, debris removal, code upgrade, etc.
Val Berechet
Is it still a good idea to invest in Tulum, Mexico?
11 December 2024 | 101 replies
This can result in (huge) code violations, payments of illegal bribes and other shenanigans, all done under your watch.
Ashley Mierez
Why don't agents and investors like wholesalers??
26 November 2024 | 25 replies
Well, the first problem they have is that the code of ethics of the NAR, as well as most state licensing laws, requires the licensee to treat anybody they deal with “openly and honestly”.
Julio Gonzalez
11 ways to lower taxes when selling your property
17 November 2024 | 1 reply
Utilize a 1031 Exchange: Under IRS Code Section 1031, you can defer capital gains taxes by reinvesting the proceeds from the sale into a similar “like-kind” property.
Yixin Huang
Maintenance and repairs systems
15 November 2024 | 4 replies
I have a coded front door so they can get in worst case through a code, but typically someone is home to let them in.
Account Closed
Tenants are escalating mold situation
19 November 2024 | 15 replies
These are professionals with additional training and a stricter code of ethics.
Joseph Fenner
How do I find the best deals?
15 November 2024 | 4 replies
Here’s the quick-and-dirty lowdown to get you started:1️⃣ Where to Look:LoopNet & Crexi: Good for commercial deals, though the best ones go fast.MLS (Multiple Listing Service): Access through a realtor for hidden gems.Auction Sites: Think Auction.com or HUD homes for distressed properties.Direct Mail Campaigns: Target landlords with older properties (especially those with code violations).2️⃣ Systems for Finding Deals (Step-by-Step):Set Your Criteria: Market, budget, unit count, rehab level.Build a Deal Funnel: Use LoopNet, Crexi, wholesalers, auctions, and brokers.Analyze Quickly: Use a property calculator to see if it cash flows.Direct Outreach: Contact sellers or property managers directly.Get Your Network Tight: Property managers, realtors, contractors—they’ll drop the best leads.3️⃣ What Makes a Good Deal:Cash Flow Positive from Day 1.Below Market Value (usually needs rehab).Upside Potential: Think rent increases, better management, or refinancing options.4️⃣ How to Become the Better/Best:Study the Market Like a Hawk.
Saad D.
What parts of your processes and tasks are automated?
20 November 2024 | 18 replies
@Rachelle Antoine you'll want to be careful renting out your basement unless you have an egress that meets fire code.
Shibu Thomas
renting out a basement apartment.
20 November 2024 | 18 replies
The first thing I would do is call your local code enforcement office/building department.
Mo Karim
Midterm Rentals in Dallas-Fort Worth
14 November 2024 | 19 replies
City of Dallas Short-Term Rentals code How is that impacting MTR in Dallas?