Kevin Kim
Non Wifi Smart Door Lock for Out of State investment property
17 June 2024 | 4 replies
So basically, you just go on the app and select an option for permant/time-bound key.
Ryan Richmond
Refund request 2 weeks after stay
18 June 2024 | 13 replies
And then an actual message comes through. 2 weeks after check out they wanted to let us know about some spider webs, a microwave built-in that was too high (based on preference), a power strip with loose wire connection and several other items that they never let us know about during their stay.
Loren Souers
Antique Staircase Railing Save
17 June 2024 | 3 replies
For the wobble I assume that the issue is wear and tear which has made the connections loose.
Chris Campeau
Recent Experience with Western Wealth Capital/Other Operators
17 June 2024 | 12 replies
In the same boat but not going to pay tax, probably just going to loose the money I invested.
Ryan Snelson
Is SCOTT CARSON (WeCloseNotes/Inverse Asset) DEFRAUDING Investors
20 June 2024 | 37 replies
I don't fault people in the past for doing what they had to do get their money back, but I have had so many people reach out to me who have invested with Scott with their retirement money and are so distraught that they could be loosing it.
Nicholas A.
Tips on how to do a successful BRRR
19 June 2024 | 18 replies
Hey mate,Thick skin is needed on this forum and in business in general 🤷♂️I just posted something similar on another thread and the best advice I can give is spending enough time finding the right people on the ground before looking at the prospect of a market or a deal.Especially when doing BRRR out of state which is a very tough gig IMO.You can find the best market, with the best growth potential, find the best deal with the best cashflow but if your realtor isn't genuine, your property manager is incompetent and your contractor is a cheat.You will loose money.Also, underestimate your income and overestimate your expenses on every deal and business opportunity.If you think it won't happen to you, I can tell you right now that it unfortunately will...I've completed hundreds of flips and rarely come in at budget from a rehab standpoint.So keep that in mind.Appraisers are a joke and easily manipulated.They follow weird data and many want to cap you intentionally (No idea why...) on the ARV.They play it safe and can see how much you paid and what you spent on rehab so they will cap the value and come in under fair value on many appraisals.I stopped dealing with selling to investors looking to finance many moons ago as it wasn't efficient from a business perspective and I'm not in the business of using "in-house" lenders and manipulating appraisals like many others do.
Cory J Thornton
Is the need for affordable housing creating new markets?
18 June 2024 | 83 replies
Anyone who works remote is probably going to loose their job in the next couple years to an AI.
Matt C.
Remote Investor, Starting Out, Seeking Resources
18 June 2024 | 26 replies
G'Day Matt,You can only do so much with online research.IMO the online stats and demographics often times don't paint the correct picture.This especially tends to be the case for tertiary markets.Finding folks on the ground that "live and breath" the market is your key to success.Those folks on the ground are the one's that bring the "online stats and demographics" to life per se.They will know more accurately what's going on in their local market pretty much on a daily basis.I've always said that you can research online and find a market that has the best growth and cashflow potential.Find a property for a great price and on a great street and in a great area.But if your property manager or contractor are incompetent or cheats.You will loose money.So start with finding the right people first before finding the right market or deal.Just my opinion.Thanks
Collin Hays
Smokies "hiney showing" thread
22 June 2024 | 129 replies
I still think this is what's bound to happen ultimately.
Carlos Ptriawan
as unemployment would be 100% going up next year and higher chance of recession
20 June 2024 | 245 replies
With boomers retireing and zoomers comming in we loose about half a million of workers every year, this will increase to 1 million in a few years.