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14 December 2024 | 101 replies
But you need to be at least transparent and ethical in your practice.
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3 December 2024 | 22 replies
Disclaimer: While I’m an attorney licensed to practice in PA, I’m not your attorney.
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5 December 2024 | 6 replies
Start with your primary, rent out any spare bedrooms "house hack"Use that to practice upgrades, kitchen, bathroom, curb appeal... etcNow you have experience as a landlord and flipper, use that to buy a distressed propertyAdd 40% equity to the property through home makeover, refinance into a low cost mortgageNow you are cashflowing a healthy margin on a second property, use that to build equity over time, cashout later and buy your duplex/quad.If it's going to take you 10 years to save up a down payment for a small apartment building, yeah it makes more sense to start growing your portfolio with cheap SFR flips instead.Every market is different, every borrower is different, every property is different, it would be ill-advised to recommend anything without recognizing the individual's nuanced goals and objectives with their next acquisition.
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2 December 2024 | 1 reply
This means they will have practically complete control over whom to rent, how much to rent for, and how much to charge for repairs, etc.
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4 December 2024 | 6 replies
Practice tips include budgeting, saving, and leveraging strengths.
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2 December 2024 | 9 replies
I am surprised they have not been sued for illegal business practices.
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3 December 2024 | 4 replies
Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.
2 December 2024 | 17 replies
So you could give them a 30-day notice that you are taking the garage back, but I think that's bad practice.
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5 December 2024 | 7 replies
Not sure the rules in NY real estate, but it's best practice to interview multiple brokers and understand what you are getting yourself into beforehand.
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5 December 2024 | 34 replies
If the awnser is better systems, what would be a practical way to resolve a situation like this.