
10 October 2024 | 16 replies
I cant comment on how long that will take but a good RE attorney will expedite the process and you will learn a great deal on this property so the next transaction will be easier.

4 October 2024 | 9 replies
This way, you can still house hack while aligning with your long-term goals.

5 October 2024 | 20 replies
There's often more turnover than a typical long-term rental, usually they'll stay at a property for 1-3 years.

2 October 2024 | 6 replies
Here are the four things I order 1- BPO (150.00)2- home inspection (350.00)3- pre-lim (225.00 maybe free)4- appraisal. (500.00) That 1225 tells me everything I need to know and I’ll kick the deal at each stage if the numbers don’t perform.

5 October 2024 | 2 replies
., but we thought initially it would be best to offer a cash down amount($20,000) and then offer a percentage of revenue over a three year time frame. (50% of management fees collected: yr1, 30%: yr2, 20%: yr3) until the balance of the "acquisition" price was met.Again I know I've left out a lot of info but this was just to hear some ideas or previous experiences.Some generals:Approx. 100 doorsMost are 2yr leasesMost are long term clients of the current companyAverage rent of $2300Thanks in advance and have a great weekend!

7 October 2024 | 24 replies
Like you already mentioned, the term "Landlord" has a bit of a bad connotation to it.

8 October 2024 | 1 reply
I've been investing in real estate for a long time and it takes years to cultivate good broker relationships.

2 October 2024 | 16 replies
Michael,When you say: "a local Airbnb manager", I'm guessing that you mean a Short-Term Rental manager, as in property management for short-term rentals.

5 October 2024 | 1 reply
There will always be a buyer for an older apartment as long as the conditions are decent and the location is right. 4.

3 October 2024 | 14 replies
Hi fellow investors,I’ve been hearing a lot about DSCR (Debt Service Coverage Ratio) loans lately, especially in the context of long-term buy-and-hold investments.