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5 February 2025 | 16 replies
Typically a few types of PMs out thereThe individual agent, little to no staffThe PM company that's a set it and forget it, glorified rent collectorThe PM company that's a true partnerI would on top of the suggestions abovesearch for a PM that owns their own portfolio tooThey treat your asset like they treat their own portfolio- There should be a full staff and readily available to answer the phone1.
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27 January 2025 | 18 replies
I would also highly recommend you set some parameters when thinking about working with non-accredited investors or if you are one and want to invest on a large deal.
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18 January 2025 | 8 replies
This sets the right expectations.
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18 January 2025 | 15 replies
First, lets set some inaccurate information straight.
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15 January 2025 | 10 replies
Good to have ONE SIGN set aside for a property on a busy street.
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14 January 2025 | 15 replies
Thanks for setting him straight, Brian.
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24 January 2025 | 7 replies
Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.
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26 January 2025 | 15 replies
Here are a few strategies to consider for funding a down payment:Partnering: Like Gregory mentioned, finding a partner who can contribute to the down payment in exchange for equity or a profit share is a solid option.HELOC or Cash-Out Refi: If you have equity in your home or another property, a home equity line of credit (HELOC) or cash-out refinance can provide the funds you need.Private Money: Reach out to friends, family, or private investors who may be interested in lending you the down payment with a promissory note.Seller Second: In some cases, the seller might agree to finance a portion of the down payment as a second mortgage.Live Frugally and Save: It takes time, but reducing expenses and setting aside funds from your income is a tried-and-true method.The right approach depends on your situation and deal structure, but a mix of creativity and resourcefulness can go a long way.
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30 December 2024 | 8 replies
We are fair housing compliant regarding animals.Our tenants’ safety and the peaceful enjoyment of their home is important to us, so we do a credit/criminal background check on all applicants aged 18+, as well as employment and prior landlord verifications.
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3 February 2025 | 25 replies
I have a good cash flowing portfolio that has appreciated extremely well In the last 10 years, it’s a small college town off the radar, and I know it’s a unicorn situation to find deals that are in markets set for great appreciation, and have solid cash flow, but I know there’s more out there!