Jonathan Small
Case Study: Cockroaches to Cash Flow
30 December 2024 | 1 reply
Hindsight Critique•Continue to build relationships to increase deal flow•Property manager (Mercer Hughes) is critical to completing renovations and quick tenant placement•Continue to build relationships with private lenders and personal investors•Have cash available to make quick competitive offers Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Leslie L Meneus
Networking? What do I do now?
9 January 2025 | 13 replies
Find the REIA group for your areaAs Henry noted, post something specific for your area and tag your market.Get on Loopnet for your area and property type, reach out to the brokers that are listing deals and offer to take to coffee (they are often invested in deals too but you could ask for connections to other operators that might be getting started).And, again as Henry noted, each person you meet, ask them what other networking events they have attended that you can put on your list.
Pankaj Malik
Tenant threatening to sue and wants to extort money
19 January 2025 | 27 replies
What will happen is you'll continue to waste time being drawn into the tenant's circle of drama.Just stop engaging.
Ben Hofstra
Best Bank Account for my Situation
9 January 2025 | 9 replies
What I love about Baselane is that it was built BY real estate investors FOR real estate investors so it's really dialed in to what you're going to need in order to prepare your taxes, keep your books up to date and the more operational aspects of being an REI like tenant vetting and processing rent payments.
Rob Barth
Renting properties at or below mortgage payment
9 January 2025 | 12 replies
It's just not how successful people operate.
Caitlyn Drapeau
Best skip tracing services?
18 January 2025 | 15 replies
I've gotten good results from Ninja Skip Tracing and Skip Matrix for my cold calling operation.
Ryan Duphorn
What to do with a detached 572 sq ft garage?
27 December 2024 | 1 reply
It's an A-framed garage with shingles roof, gutters, windows, and a 32" exterior door (in addition to a 16' operating face door).
Robert Stephenson
Older Investor needing help getting a Second property
21 January 2025 | 13 replies
You may find this a viable option with rates where they are, especially if your rental income continues to cover the mortgage.Home Equity Line of Credit (HELOC): If your property qualifies, you could use a HELOC to access the equity without disturbing the current mortgage.
John Reagan Johnson
Switched to a Property Manager
20 January 2025 | 8 replies
Even after moving 2.5 years ago, I continued to self-manage because I had a solid network of connections that made it pretty easy to handle remotely.That said, it eventually came down to wanting my time back.
Ryan Ruppert
Shopify for own STR website?
20 January 2025 | 7 replies
WordPress, especially when paired with plugins like WP Rentals or a property management system, offers more flexibility for custom features like dynamic calendars, booking systems, and integrations with platforms like Airbnb.If you're planning to grow beyond a few properties, WordPress can handle that expansion better since you can continuously customize it as your business needs change.