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6 November 2024 | 7 replies
Otherwise with no income you are looking into just buying all cash or using a loan called Debt to ratio income to purchase investment properties where you use the rent to cover your mortgage but you will need to put down at least 25% down of the purchase price.
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6 November 2024 | 12 replies
Nathan mentioned using a syndication site to push your listing to multiple sites at one time which is also something that I recommend in order to expose your property to as many sites as possible.Some things to consider to maximize the efficiency and giving a perspective resident a great experience from the beginning to having a scheduling link available in your description for specific days and times that you can show the property so that you can capture your leads wanting to tour the property without them having to wait for a response from you and scheduling a one off time.I would recommend investigating in having professional photography taken if you are leasing in a market that has a lot of competition since your photos will have your property stand out and drive traffic.Good luck!
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4 November 2024 | 7 replies
Now we are getting started in Birmingham AL (my mom's birthplace) and are excited to branch out to select areas in the South over the next few years.I am starting off with flips, but will transition soon to rentals using a BRRR strategy.
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4 November 2024 | 11 replies
I'm using a service called 'PetScreening' where the tenant fills out an application on their pet (birth date, shots, bite history, etc) and based on the answers given a 'fido score' is given to help the Landlord figure out the risk associated with the pet and the reasons why the score was given.
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4 November 2024 | 9 replies
The owner went on the roof using a ladder and took a couple of wacks at the chimney with a sledgehammer and big chunks of brick, morter and clay flue fell down on the roof and damaged the roofing, and rolled off into the yard where the boys broke it up.The put in wheelbarrow and took it to a pickup truck which squatted heavily when filled with bricks.
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5 November 2024 | 29 replies
Were you like me, using a hand made spreadsheet before you found a software that worked for you?
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3 November 2024 | 17 replies
But, yes, whether purchasing a pre-construction condo or using a property manager, it's important to do your due diligence and work with people you can trust.
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2 November 2024 | 11 replies
@Teahjsia Frazier - If you're targeting a BRRRR for your next deal I would consider using a combination of your money, private money (friends and family), as well as hard money for the purchase and rehab.
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2 November 2024 | 2 replies
All previous advice notwithstanding I would recommend you use an attorney if you don't use a Realtor to facilitate, which is not the same as using a Realtor as a fiduciary representative.
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31 October 2024 | 2 replies
I aim to invest in multi-family homes with my partner, using a buy-and-hold strategy to build our portfolio and expand over time.