Matthew Rensel
Having a Quad built - Advice needed!
3 December 2024 | 14 replies
My goal is to scale up over the next few years and add another 10-20 doors.I ran across someone that is saying they are building quadplexes in the same town in Texas as my current rentals there, so I have some support system there.High level this is the idea on the deal:4 units constructed as 2 duplexes on one parcel.1250sqf 3/2/1 units$650k sale price, CME is $820k according to builder, will have a independent CME done if/as I move forward.Rent per unit is $1750 based on the other quad in the developmentBest guess at this point is about $16k/year cash flow at a 9.5% cap rate.Builder is a sister company of a established company in a related industry that has done "some" builds before but not a lot.
Robert Frazier
How have you scaled flipping with financing and systems?
19 November 2024 | 4 replies
If looking to scale flips and create systems around it to minimize your time and involvement, I'd highly recommend putting a team in place that can handle the day to day operations.
Kyle Mason
Buying small businesses
28 November 2024 | 8 replies
These types of places typically don't use alot of technology or have great systems, making it easy from a management perspective to turn things around.
Leo R.
Is anyone listing rentals on Craigslist in 2024?
3 December 2024 | 22 replies
Plus, they all push you into using their tenant application systems, which are equally frustrating. ...I could maybe forgive these issues if I got tons of leads from these sites, but I don't get many leads at all (especially considering the prominence of a site like Zillow). ...all I want is a simple, streamlined, fast, easy to use site that produces lots of quality tenant applications, why is that so hard?
Erich Oertel
What cities are still great to invest in
6 December 2024 | 45 replies
For schools, Omaha has an excellent public school system and has multiple counties with nationally ranked high-schools.
Jose Remor
Leaving a property management company.
25 November 2024 | 19 replies
Maybe one day I can sell this system, but right now is for my use and under testing.
Matt Wan
New member doing research
25 November 2024 | 5 replies
Once I have a strong system set up, I don't want to dedicate too much time to real estate, though.It's also important to note that I'm a US citizen who wants to invest in US real estate, but I live abroad.
Judy Mitchell
Requesting Sample Move-out/Cleaning Instructions and advice
27 November 2024 | 6 replies
Though I am a small time landlord at present, I would like to develop a system for this move-out business.
Jamie Banks
Turning A Primary Home Into A Midterm Rental
26 November 2024 | 11 replies
Who is going to change the air filters in the HVAC system or mow the lawn?
Collin Schwartz
Trading W-2 for Self Management- 0-92 Units in 16 months!
1 December 2024 | 377 replies
You must have good systems.