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6 May 2024 | 2 replies
Being able to do min one week stays would be nice if that would allow the property to generate more revenue.If the property has already appreciated a fair amount in 2 years it would be a bummer to sell now just because the rate is high.
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6 May 2024 | 27 replies
Quote from @Dominic Rosato: Quote from @Ronnie C.: Quote from @Dominic Rosato: I work in leasing/property management in NJ, and we encourage most of our landlords to require these two main criteria:1) Household annual income > 40x the monthly rent2) Credit score above 680In addition, we screen their credit report to verify there are no red flags (rental collections, high CC balances, etc.), as well as previous two months of bank statements / investment accounts, whichever they'd like to provide (can they pay rent if they lost their job?).
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6 May 2024 | 23 replies
I think it's some of the same players and sounds like a deal I'm being pitched..
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8 May 2024 | 50 replies
The hockey player fella is right.
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6 May 2024 | 8 replies
Do appreciate you pointing out the obvious that there are good and bad players everywhere:)Nice website also.
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5 May 2024 | 9 replies
It's vitally important to know who you are working with, and have the history of the players involved.
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5 May 2024 | 6 replies
@James BingNetworking at the local RIEAs and Facebook groups.There are a few power players in the area, deals flow has been low these days, and lots of non deals being floated about.Generally here is how the priority list goes and its based on ROI:1.
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3 May 2024 | 1 reply
Identify experienced players in storage (there are some on BP) and see if they are willing to take on a “co investor”.
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3 May 2024 | 11 replies
If this coach is in your market and knows the key players in the market, has used various property managers and can tell you the good ones, knows the loan brokers, knows the risks of investing on this side of town versus that, knows the tenant base for your area and what they are wanting from their apartments and what they can afford, than I would say a coach (maybe not the one you are interviewing) is worth it.
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1 May 2024 | 5 replies
Quote from @Dominic Richardson: I need some help analyzing this property in Texas.