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30 January 2025 | 45 replies
Hopefully those that stayed on the sideline until the 'time is right' will start underwriting specific deals and recognizing path of progress opportunities that offer multiple operational and exit strategies.
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14 January 2025 | 8 replies
It is also quite possible that the Buildium system does not support multiple accounts payable or that they would have to create additional accounts payable for you.
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11 January 2025 | 7 replies
Assuming that's true, I would recommend looking for a replacement property (or properties - you can purchase multiple in the exchange) with value of at least $725K (selling price).
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15 January 2025 | 15 replies
If so, self-managing properties might not be the best use of your time - In any case, I'd encourage you to talk to multiple local property management companies, keep the above in mind, and understand how they approach management.In my experience, property management isn’t just about finding the right tenant or collecting rent—especially in a tenant-friendly state like Rhode Island.
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12 January 2025 | 20 replies
Comparing workload, a multi-unit property will still require showings, maintenance etc for multiple units.
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16 January 2025 | 23 replies
This might give a one-time (non-scalable) boost to cash flow, offer multiple value-add options, and allow the house-hacker peace of mind, via the assumed mortgage, in long-term breakeven or positive cash flow in the event that the value-add plans end up not being executed, and/or the person has to move out, and rent by the room or STR become unavailable for some reason at a future date.
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23 January 2025 | 52 replies
I wish people would do some research on the forums before posting but I think people would rather make a post then search the forums to see their question has already been answered multiple times that day.
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22 January 2025 | 203 replies
Ummmmmmm...I've lived in California since 1990 and own multiple investment properties there.
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9 January 2025 | 46 replies
During 2022 I had multiple meetings with one of their CPA advisors and gave them access to QuickBooks and Payroll platforms.
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9 January 2025 | 116 replies
But having multiple banks working the deal I had one pull through for me.