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31 December 2024 | 13 replies
Hotel grade furniture will often be sturdy, but less aesthetic.
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6 January 2025 | 31 replies
We never hired a manager because it simply would have taken too much out of our profits.
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6 January 2025 | 1 reply
Simply giving the tenant notification you are ending their tenancy when the lease is up or ending their month-to-month tenancy depending on the current status. 6.
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15 January 2025 | 39 replies
Some buy to park money, others do 1031 exchanges or they simply buy them for a tax write-off.
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19 February 2025 | 171 replies
It's possible as well that many of Grocapitus' investors are simply not on BP.
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6 January 2025 | 17 replies
Quote from @Kody Smith: without getting too deep into my finances, what my strategy is...1. take loans to buy properties (leverage)2. fix/flip for day to day cash flow income3. use some of the fix/flip income to buy consistent cash flow through:- business acquisition, - commercial properties (MF and store fronts),I have no intention of doing ALL of the management myself, I will hire management as needed (medium term goal)my expected core role is money provider, evaluating the numbers, making decisions, and connecting with investors, wholesalers, lenders, contractors, and property owners.while I am just on step 2 of the journey, I am looking toward step 3 to stabilize, and not worry about if house prices drop mid project or not (or not worry as much) So to be fair this is more about obtaining and growing a real estate business not simply buying rentals for cashflow.
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11 January 2025 | 19 replies
There could be some kind of buyout after five years or something like that, but if I was able to get a large chunk of my money out of the deal I would have no reason to sell it as it would simply be another cash flowing, appreciating property at which I could also vacation.
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23 January 2025 | 56 replies
A quick internet search led to quite a few complaints by people claiming to be ripped off, had deals fall through, or simply getting the run around each time.
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26 January 2025 | 43 replies
If one of those can't be shown, the request for appeal may be denied or the court may hear the appeal and return a per curium affirmed (PCA) based simply on the briefs, both of which will shorten the length of time to conclusion.I looked at the CO promulgated real estate contract, and it has a provision that the prevailing party will be awarded their costs and expenses including attorney's fees, so the parties better be sure of the strength of their positions.If it were me, I'd probably push for mediation as soon as possible.
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16 January 2025 | 78 replies
My hiccups from a percentile basis are minute to folks with a fraction of my portfolio simply because of the aforementioned statement.