Ryan Bono
Self Storage Conversion
22 January 2025 | 7 replies
The newest outdoor is still advertising 1st month free as they haven't filled up, and I spoke with the climate controlled owner/builder yesterday (he's a pretty big REI in the area), and he made it sound like he hadn't leased a single climate controlled unit since they opened a few weeks ago.I recently purchased a 140x45 warehouse with low ceilings and had debated doing self storage, but my market seems very saturated.
Daryl Allen
What exactly comes after coming to agreement with seller
14 January 2025 | 2 replies
I have several opportunities to snag up a self storage complex and a 18 unit apartment complex on creative financing .
Pixel Rogue
Real-estate Exit Plan
20 January 2025 | 6 replies
I'm still in the process of growing my portfolio, but have heard others 1031 all their smaller properties into a larger building and have a property management company manage, OR, set up a seller financing deal with another buyer that gives you the cash flow you desire.
Alex Fenske
I bought a neighborhood strip center and brought no money to the closing
20 January 2025 | 3 replies
I was broke enough that I couldn't afford rent at my apartment, but fortunately my landlord didn't notice, thanks in part or in whole due to some substance abuse issues.Anyways, when visiting my mom in the neighborhood where I grew up, I had noticed this construction van at a house on our street.
Nathan Frost
Update - Detroit Deal
18 December 2024 | 45 replies
And I just did a big write up on it.Short of it is it does well, and no I'm not removing mechanicals between stays lol
Caryn Fischer
Tax question with selling a house
22 January 2025 | 4 replies
Selling at FMV avoids the gift tax but provides your child with a higher tax basis, reducing their future capital gains liability.A better strategy for selling below FMV is to sell the house at FMV on an installment note, then forgive interest and principal annually up to the gift tax exclusion amount.
Vivan Bhalla
RentToRetirement.com Review - Beware of this scam
16 December 2024 | 43 replies
They simply dont understand the culture of the rental class in the mid west the LIfe long renter..
Conor Neville
When to approve tenants?
22 January 2025 | 7 replies
I highly encourage everyone to view the property before putting money down, but that's not ideal for many of them, so I do allow them to rent "sight unseen," but I am very open with them to ensure they don't show up and back out.1.
Sergio Vasquez
New Year, New Focus
21 January 2025 | 1 reply
My plan is to set up a syndication fund with Canadian (and U.S) investors to purchase short-term rental properties in the Puerto Vallarta and Rivera Nayarit area (which is booming).