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23 January 2025 | 10 replies
I have 30+ units and on a regular month usually only spend about 5 hours total on management things, most of which involves collecting rents and bookkeeping.
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14 January 2025 | 4 replies
It's just not a subclass I want to be involved in, but perhaps you can make it work for you!
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19 January 2025 | 11 replies
Hypothetically, if I found a property with strong rental demand, the income could cover loan payments, operating expenses, and generate a modest positive cash flow.While this example involves upfront risks, the idea would be to leverage my father’s expertise as a contractor to minimize renovation costs, boost the property’s value, and create a long-term asset that appreciates over time.
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16 January 2025 | 3 replies
Between the two of us, we are pretty involved in real estate.
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17 January 2025 | 7 replies
And if it were set up where everything went through a title company so the buyer pays the title company, they manage the buyer's loan (from me), and the title company ensures my mortgage is paid without my direct involvement... what parts of the transaction would feel risky or not worth the headache to you?
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14 January 2025 | 4 replies
The requirement to do this generally involves an experienced GC signing on the borrowing entity as a 20+% owner thus making them a signatory on the loan and responsible for the debt which in most cases is not very easy to find.
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22 January 2025 | 56 replies
Much like by the end of this decade, I will take those same steps to become even less involved with work and have more times with my kids who will be really developing and that will be my focus.The difference once I made money, and was able to make it make money for me I de-risked by eliminating leverage.
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24 February 2025 | 72 replies
When I involved booking (after 2 eeeks of calls) they finally documented the missing fob and sent a request for the guest to return it.
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14 January 2025 | 3 replies
Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.
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15 January 2025 | 7 replies
Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.