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20 January 2025 | 31 replies
Pay others when they’ve provided value to you.7th - Prime is not smarter than your local folks who you can have real relationships with.
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27 January 2025 | 15 replies
However, our research indicates that many DSCR lenders require Florida properties to be held in an entity.Are there any DSCR lenders that offer loans for properties held in a personal name?
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29 January 2025 | 2 replies
Landlords mistakenly ASSUME all PMCs offer the exact same services and operate the exact same way, so price is the only differentiator.So, the first question they usually ask a PMC is about fees - instead of asking about services.This also leads them to ASSUME simpler is better when it comes to management contracts.
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24 January 2025 | 2 replies
Start anywhere—offer to assist, intern, whatever it takes—and absorb as much knowledge as you can.
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28 January 2025 | 11 replies
As a side note, and maybe others will recommend this as well, obtain your real estate license instead if you are interested in pursuing sales full-time.
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11 January 2025 | 6 replies
I am a real estate agent here in South Florida.
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6 February 2025 | 8 replies
Admittedly, I am not one that typically finds paid mentorship very valuable, but I also respect that my degree is in business with a focus on real estate, and my first job out of college was in real estate (so it is a little hard for me to take my 20 yrs of knowledge and rewind it to try to view mentors from a completely fresh lens).A couple points: I view mentors, especially these expensive ones as a catch-22.
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2 February 2025 | 22 replies
Of course there was offers to register for more courses and mentoring and various up sells, but you will find that at any seminar.
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5 February 2025 | 6 replies
one of my clients that has a pretty big PM company.. had a unique way of doing this.He offered 50% of the first months rent or 500.00 minimum.. he would have 4 or 5 agents at the weekly meeting handout the list of vacants .. each of them would go place a sign in the yard and first come first served.. he found that potential tenants would call the first sign if no answer they called the next one until finally someone answered.. it worked pretty awesome for him.
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19 January 2025 | 7 replies
Right now, the best offers around me are for some 1.3-4 million, that only generated around 100k per year gross, so there would be a high chance of not cash flowing, and paying money, especially with a commercial loan (these buildings have more than 4 units).I was thinking that although the rental itself does not generate money, I would be able to deduct the mortgage interest, and depreciation from my personal w2 income and would be net positive.