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4 January 2025 | 26 replies
The rating systems for short-term rentals has lost all validity.
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3 January 2025 | 18 replies
Solar panels and backup battery system installed in 2022, I have a loan for the system so that would eat into any sales.I'm in San Antonio, Tx.
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7 January 2025 | 16 replies
I can go way deeper into finding good MTR markets, pursing tenants other than travel nurses, property types, scaling operations through systems (my specialty), renovations, etc but it's much harder to do in a thread.
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11 January 2025 | 9 replies
-Leverages your current momentum and enthusiasm for investing, potentially accelerating your path to financial freedom.Cons:-Requires managing two properties, which could add stress unless you already have a system in place (or plan to hire a property manager).
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4 January 2025 | 1 reply
Also, check if there are incentives or rebates for upgrading to more energy-efficient systems in your area.
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4 January 2025 | 14 replies
The key is building systems and finding solid property management to handle things while you move around.
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9 January 2025 | 30 replies
These I have found are real, striving parents, working their butts off to provide the best housing and school system for their children.My ethos in this approach is exactly why we at LaPlante refer to them as Residents, as we consider "Tenant and Landlord" to be dated terms and rife with negative emotion.
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7 January 2025 | 11 replies
Once you feel you've built a strong team with your first property and have solid systems in place, I would then start buying more aggressively and taking on bigger projects.I suggest reading this BP article on the core 4.https://www.biggerpockets.com/blog/core-four-real-estate-team
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5 January 2025 | 4 replies
While sophistication of your equity partners (private money lenders) will vary between residential and commercial, the principle of raising private capital is the same.You need to develop your own system which allows a constant stream of PML even when you don't need the funds and/or don't have an active deal under contract.For example; I raise private capital by offering free educational workshops for people with self-directed IRAs.
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5 January 2025 | 5 replies
If you want to scale then you’ll need systems and processes so that you don’t feel so overwhelmed.