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23 September 2024 | 4 replies
Also make sure all your friends & social media contacts know you’re in real estate as people who already know, like & trust you are the best sources of business.
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21 September 2024 | 4 replies
I've never had a listing anywhere near this price range but I would begin to research the kind of people my buyer's would be, what kind of jobs they would have, where I could meet and find them.Secondly, I would get professional photography of the property and expose the home on social media and pay for ads on instagram, facebook and anywhere else it would make sense to.
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19 September 2024 | 8 replies
These provide stability and regular income, which can be crucial in retirement.Cash: 5-10%Keep some liquid assets for emergencies and short-term needs.Consider these additional points:Diversification: Spread your investments across different sectors and geographic regions to reduce risk.Tax efficiency: Consider the tax implications of your investment strategy, especially with your high net worth.Regular rebalancing: Adjust your portfolio periodically to maintain your desired asset allocation.Professional advice: Given your high net worth, it's advisable to consult with a financial advisor who can provide personalized recommendations based on your specific situation and goals.Risk management: Consider your risk tolerance and adjust the allocation accordingly.
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25 September 2024 | 14 replies
We can hop on our phone and look up the answer to any question, be entertained on social media for hours, and essentially do anything without delay.
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22 September 2024 | 11 replies
How about the individual who took a social media guru course and now believes there are sellers lining up willing to accept terms seasoned real estate investors have never seen in their lifetime.
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20 September 2024 | 7 replies
You're right to think about the tax implications of paying for the roof before owning the property.
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21 September 2024 | 53 replies
Additional Comments: Laid back personality, social but also enjoy my alone time too.
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23 September 2024 | 33 replies
That's the case in any segment but I think we tend to find it more offensive in Section 8 bc the government's paying.In any segment, I recommend checking social media and the like of all applicants.
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18 September 2024 | 1 reply
Consider legal and financial implications, such as a loan agreement and tax consequences.Respect their decision and explore other options if necessary.
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20 September 2024 | 8 replies
@Leo CuomoRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.