3 July 2024 | 20 replies
I am already doing the marketing (placed bandit signs, launching FB ad next week, selected databases to purchase the list of properties that fall under high equity, vacant and other criteria, to be skip traced and cold called and etc.).

1 July 2024 | 8 replies
I'm more interested in this approach vs REITs/ syndicates, because I reckon with the right partnership, I stand to make far more by not paying such high fees on those traditionally passive options.

1 July 2024 | 1 reply
Total rents at 100% occupancy across the three are $2900 monthly.I'm thinking because the financing terms are soooo attractive that it may be worth the higher risk that comes with the high PITI?

1 July 2024 | 16 replies
I think the #1 most ridiculous poster is the person living in a desirable, high-appreciation location who has plenty of capital to deploy who asks which crappy undesirable market thousands of miles from where they live is the best place to buy their first investment property.

1 July 2024 | 2 replies
That could be as high as $14K to $15K not to mention Title fee's, origination fee's and days of interest another $7K to $8K.If you choose a lender or broker and they hit you with lender/broker fee's/points that’s another added cost.My best advice as a Banker is reach out now get a Pre-approval letter up front and give the Bank an idea of what neighborhood or a "mock" address and you can get an actual quote up front to avoid surprises.

1 July 2024 | 14 replies
Expensive GC who I have confidence in but I'd rather not spend the extra $ unless it's highly advisable.2.

2 July 2024 | 10 replies
In one of the podcast episodes, I remember them saying that if you are trying to avoid raising rents too high on an existing tenant, you are better off renting at the full amount you can and then giving them a discount on the rent.

30 June 2024 | 5 replies
Hi Everyone,I own 8 units in Cleveland and recently my property management company has been choosing vendors that charge extremely high prices for any fix.

2 July 2024 | 11 replies
I own quite a few multi units with high turnover.

1 July 2024 | 12 replies
I would also highly recommend getting a business credit card to purchase furnishings and later supplies for the property.