
28 December 2024 | 13 replies
Those things won't matter if your business crushes it. i feel like it would matter when those things add up and start tearing at ur profit If banking fees cut into your profit, your profit isn't big enough. i just think we view it different bc I'm a firm believer it cutting cost and minimize it

17 December 2024 | 5 replies
My figures are below.TaxDeed Winning Bid: $489.00 (My Bid May 2013)Property Clean-up: $450.00 (mowing, trash removal)Taxes & Insurance: $80.00 (2013 & 2014)Sale Advertising: $130.00 (Signage, Newspaper Ads, etc)Filings & Legal Fees: $245.00 (Deed, Lien Releases, Sales Agreement Docs)Total Costs: $1395 (approx)Sold for: $3250.00 (August 2014)That is better than the 25% I would have received if the property was redeemed during the redemption period.

11 January 2025 | 420 replies
I can only assume that you removed any part of my post that you didn't want repeated here.

25 December 2024 | 2 replies
To thrive in real estate investing, you must maintain a firm grip on your finances.

19 January 2025 | 47 replies
Now the deed had a time limit on it IE you must remove the timber by a certain date or the Rights to the timber extinguished.

27 December 2024 | 8 replies
At least in my area, it's cheaper to own a condo with the HOA dues than it is to pay for all the utilities, snow removal, waste management, maintenance, etc, that goes along with an SFR.

30 December 2024 | 7 replies
Invest with syndicators who have a narrow niche and proven track record.For example, if an operator has done 5 or 6 workforce housing value add deals in Dallas, and they are offering a similar deal now, that would be encouraging.if however, their current deal was a brand new luxury Class A building in Charlotte and this was their first acquisition in Charlotte and their first class A deal, as an LP I would pass.Find operators who do one thing and kill it in that space.Find operators who own or have gone full cycle with similar assets in the same market.For example, my firm, Spark Investment Group has a very narrow niche - sub 100 unit MF or BTR in Greenville SC.

26 December 2024 | 5 replies
If you ask the manager to justify a fee and he starts hemming and hawing, move on or require them to remove the fee.

24 December 2024 | 23 replies
This list isn’t exhaustive but includes most of the best ways to find quality firms to partner with.Conferences.

26 December 2024 | 9 replies
This way you keep all tenants separated, and you remove the headache of human interaction.