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5 January 2025 | 24 replies
Buying an out of state rental property from a realtor, wholesaler or off facebook or zillow etc as opposed to from an operation or turnkey provider who has an active, substancial, and effective boots on the ground team or teams to support you after you close on the sale.
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31 December 2024 | 418 replies
Same thing with Clayton Morris and any other well known operator really.
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30 December 2024 | 6 replies
If you operate under an LLC or other business structure, are there tax implications or requirements I should be aware of when paying myself?
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12 January 2025 | 23 replies
While I don't believe that you need a full blown business plan, strict operational budget, timeline, scrum board, etc...
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24 December 2024 | 25 replies
Build a local team for cleaning and repairs to streamline operations.
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31 December 2024 | 13 replies
Investor focused realtors & Property managers are going to be your biggest asset since they'll be finding your deals & managing the day to day operations for you.
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7 January 2025 | 20 replies
If you do decide to work with them, you could set up a clear partnership where they’re equity partners and you handle the management and operations.
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12 January 2025 | 20 replies
Look into contacting some builders that operate larger scale in your area.
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29 December 2024 | 8 replies
In my opinion, the best agents, appraisers, home inspectors, contractors, lenders will utilize AI as a complement towards their existing businesses to spur greater growth and operational efficiencies.
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25 December 2024 | 11 replies
If one or more units are vacant, the remaining units often don’t provide enough cash flow to cover expenses, making it harder to meet operating costs.Maintenance costs: A fourplex comes with four times the appliances, plumbing, HVAC systems, and other components to maintain, leading to significantly higher repair and maintenance expenses than single-family homes.If you want to see the detailed calculation, read this BP blog - More Units Doesn’t Mean More Money—Why a Single-Family Home Can Beat a Fourplex.Resale value: Multi-family properties have a limited buyer pool—mainly investors—who base their offers on CAP rates.