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19 January 2025 | 47 replies
Yes of course there are people who think tokenization is cool and you can get some $ from it, but to grow it at scale - real estate is old school and most who invest six figures in real estate are not 25 years old and are not keen on tokenization.
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5 February 2025 | 29 replies
Of course it this becomes an issue for the property management company, they may chose to stop managing the property.- The owners don't share any of the equity growth with the management company.Drawbacks of Turnkey properties- They are usually purchased at market value (or sometimes just a little bit above) so that after paying closing costs the investor who purchased the turnkey investment has a lower net worth than before the purchase.- There is no discount or created equity over and above the amount that is used as the down payment for the home.- The management company charges a management fee of 10% - 15% which can be a little higher than average property management companies, but that cost may be offset by higher quality of services.- The management company also charges for other services such as fee for coordinating maintenance and repairs, and turnover and releasing.
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6 January 2025 | 4 replies
In one building the tenants accumulated so much junk over the course of their tenancy that I was forced to get a 40’ roll off dumpster to get it emptied for a sale.
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8 January 2025 | 11 replies
If your unit doesn't stand out in other ways considering adding amenities like a hot tub, backyard mini golf course, making your airbnb dog friendly, etc.
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23 January 2025 | 165 replies
I am just guessing of course but I think down lines is a real possibility with those wind speeds..
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2 January 2025 | 13 replies
Lastly and before you think I am going to sell you a training program that cost thousands of dollars.
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17 January 2025 | 35 replies
I download those into Geo Batchcode so I can plan an efficient route to check out those properties, and of course I take note of any others of interest that I see along the way.
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16 January 2025 | 11 replies
Wondering if anyone knows a software that does that or is our only course manually pay remitted taxes…
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17 January 2025 | 19 replies
These LOCs are typically interest only and adjustable rate, which of course is planned for, again with the equity and the cash flow of the investment, it shouldnt be a problem to at the very least break even, even in the worst of scenarios.
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7 January 2025 | 6 replies
I think Peter covered the best course of action.