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27 December 2024 | 8 replies
Here's how it works:If their deposit is $1,500, they can either choose to pay the SD in full or elect to take out what is essentially a loan with Rhino Insurance and only pay $25 per month ($20 goes to Rhino and the remaining $5 goes to the PM company) toward their $1,500 SD.
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25 December 2024 | 12 replies
Stick to these tools, and you should be significantly happier with your next renters
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9 January 2025 | 28 replies
Part of my issue was not having a reasonably priced handyman ahead of time and eventually overpaying to just get it done and also inexperience as a manager.With that said, you essentially have two options: very cheap properties in less good areas (you're looking at 100k or less--which you might have trouble getting a good lender for) or trying to do some sort of house hack (e.g. live in flip, live in rent by the room, multifamily) where you budget will be closer to 200k-300k.Personally, I would not look at real estate until you are maxing out your 401k and IRA, but lots of folks have done significantly better with real estate than stocks and would think I'm crazy for suggesting this.
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10 February 2025 | 132 replies
Lease options are a great tool.
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3 January 2025 | 26 replies
Focus on one or two target markets, get familiar with the numbers, and use tools like BP calculators to analyze potential properties.Whether you start now or after graduation depends on your bandwidth, just have the right systems and support in place first.
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12 January 2025 | 54 replies
It has been bad for the general US populace and good for a select elite group of US and international business interests who now seek to manipulate the masses to believe ending it will be bad for them, the people.Balance is what needs to be restored and the tool as old as the nation to do such is tariffs.
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19 December 2024 | 6 replies
Dynamic pricing tools like PriceLabs or Beyond Pricing can help boost your revenue by adjusting rates based on demand.
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31 January 2025 | 170 replies
Excel is a necessary but highly inadequate tool to evaluate a property.
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11 December 2024 | 5 replies
This is an essential tool for anyone buying a tenant-occupied property.
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24 December 2024 | 14 replies
The LLC would essentially serve as a business checking account to collect rental payments from your roommates/tenants and potential write-offs for expenses such as property repairs/maintenance.