15 November 2024 | 4 replies
Here’s the quick-and-dirty lowdown to get you started:1️⃣ Where to Look:LoopNet & Crexi: Good for commercial deals, though the best ones go fast.MLS (Multiple Listing Service): Access through a realtor for hidden gems.Auction Sites: Think Auction.com or HUD homes for distressed properties.Direct Mail Campaigns: Target landlords with older properties (especially those with code violations).2️⃣ Systems for Finding Deals (Step-by-Step):Set Your Criteria: Market, budget, unit count, rehab level.Build a Deal Funnel: Use LoopNet, Crexi, wholesalers, auctions, and brokers.Analyze Quickly: Use a property calculator to see if it cash flows.Direct Outreach: Contact sellers or property managers directly.Get Your Network Tight: Property managers, realtors, contractors—they’ll drop the best leads.3️⃣ What Makes a Good Deal:Cash Flow Positive from Day 1.Below Market Value (usually needs rehab).Upside Potential: Think rent increases, better management, or refinancing options.4️⃣ How to Become the Better/Best:Study the Market Like a Hawk.
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16 November 2024 | 6 replies
Or, rather, what the tax code said.
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15 November 2024 | 13 replies
very simple go to the county planning department office show them the map and ask them if surface drilling is allowed in their zoning code..
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14 November 2024 | 19 replies
City of Dallas Short-Term Rentals code How is that impacting MTR in Dallas?
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17 November 2024 | 30 replies
I'm not well versed in the tax code by any means but this whole depreciation thing seems like something that applies to some people based on individual circumstance but the gurus preach it to the masses.
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28 November 2024 | 184 replies
Quote from @Dongzi Wu: SEC Charges Self-Proclaimed 'Queen of Mobile Homes' and Three Salespeople with Fraud in Mobile Home Investment Scheme This is code for investors money is gone unless there is some bank account somewhere or there are assets.. these deals never end good.
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14 November 2024 | 8 replies
Once you decide on a specific market, you will want to narrow you search down to specific zip codes and asset classes.
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15 November 2024 | 8 replies
They are willing to give the lock box code after I have sent over a photo ID.
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14 November 2024 | 13 replies
How did you decide which neighborhood/street/zip code to start with?
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21 November 2024 | 305 replies
I only buy in 2 zip codes and have a network of referrals due to that specialization.