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7 January 2025 | 28 replies
Some amenities are crucial and obvious (pots and pans, plates, linens, good Wi-Fi), some are unnecessary and obviously so (personal movie theater with arcade game room), but the trickier amenities lie in the 2 middle zones.What are some necessary amenities that you might overlook?
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22 January 2025 | 12 replies
Buying in a quality area and being thorough with your tenant screening are the best preventative measures you can take to avoid that situation from arising.
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12 January 2025 | 3 replies
Avoid going for the cheapest properties, as those often come with higher turnover and more property wear-and-tear.Rental Rates vs.
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10 January 2025 | 15 replies
I’m looking for mentorship from other investors in this forum to help me identify deals, help avoid common pitfalls and learn from failures.
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15 January 2025 | 8 replies
Coghill they are trying to take care of several things:1) Approval to access credit reportsA video tour of my home office (required by the credit repository to show security, so access to office & computers is limited to avoid data theft)Credit checks on me and my partner (required by the credit repository to make sure you are not criminals looking to steal others' data)Copies of the deeds for every property we own (required by the credit repository to confirm you aren't just self-serving)A copy of my partner’s home lease and utility bills (required by the credit repository to prove his legal address, so they can pursue him criminally if he steals data)Business phone bills (required by the credit repository to prove an actual business)2) Approval to use banking ACH system to accept tenant payments and pay ownersBusiness phone bills (required by banking industry to prove business legitimacy)A signed letter from the bank verifying our accounts (to prove legitimate business banking accounts.
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18 January 2025 | 36 replies
Im trying to avoid being the bad guy here, while still protecting my investment.The insurance company requirement is a great tip.
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13 January 2025 | 1 reply
You can hear real-world examples of how others have built their investment portfolio and (hopefully) learn to avoid their mistakes.4.
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14 January 2025 | 16 replies
I personally try to avoid extroverts because they are often incompetent and irritating.There's a difference between being an extrovert and being charismatic.
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9 January 2025 | 4 replies
If they seller finance, we have the deed, but they cant 1031 because they would need to find a property ASAP which they want to avoid.
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14 January 2025 | 9 replies
While you may always have a skip, early termination, or eviction, spreading out the lease-end dates can help avoid having all units vacant at once.