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29 January 2025 | 0 replies
Flipping, renting, or sitting tight for long-term appreciation-there is potential for anyone willing to do the work.
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26 January 2025 | 2 replies
Even the best property management companies (PMC) struggle with:- Finding reliable handyman and contractors (ServiceTechs)- Same with affordable ones- Tracking preventive maintenance- Tracking previous work for potential reoccurrence warranty coverage- Understanding tenant reported problems, so the correct ServiceTech can be dispatched- Determining if tenant is at fault for an issue & should be charged - and will proof stand up in court?
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28 January 2025 | 7 replies
If you ever want to get into a tenant nightmare of costly potential litigation become a landlord, have the ac go out in Phoenix in July, and inform the tenant that you just don’t have the funds to replace it!.
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4 February 2025 | 7 replies
Look into Illinois first-time buyer programs for potential grants, and think about leveraging business credit once you’re established.Good luck!
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30 January 2025 | 19 replies
When scouting for properties, explore areas on the west side as well as some parts of the east for potential opportunities.
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4 February 2025 | 13 replies
I know pools are a must have amenity to compete in many markets and I have to admit that I'm a bit hesitant to enter those markets due to the potential liability risk.
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23 January 2025 | 9 replies
You can't show the home to potential buyers.
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31 January 2025 | 3 replies
I wrote a letter to the HOA yesterday explaining why the door was needed, how security would be very tight, and how the HOA itself could potentially be responsible for any ADA fines/penalties if they are found to the "barrier to access" for ADA as they control the lobby.We have a tenant lined up and obviously this is causing a major issue.
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24 January 2025 | 0 replies
It’s a strategy that allows investors to acquire rental properties with little to no money out of pocket while building equity along the way.If you're considering using the BRRRR method to grow your real estate portfolio, here's everything you need to know about how it works, its benefits, and potential risks.What is the BRRRR Strategy?
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31 January 2025 | 12 replies
A couple months ago there was a guest on the BP money pod that said something I really liked, "put your risk in your ROTH" and by that he meant that if you're going to invest in something riskier that has the potential to have large returns, put that in your ROTH account because you're only taxed on what goes IN to your ROTH, not what comes out.