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27 February 2025 | 6 replies
Nothing is better than actual hands on experience and getting in the trenches yourself.And FWIW, the guy you mentioned has an instagram page that says he lost it all 3 years ago and now manages 18 units.
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11 February 2025 | 4 replies
If you're a relatively new multifamily operator, you'll likely be required to hire a professional management company (inexperienced owners are typically not allowed to self manage the assets).
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8 February 2025 | 10 replies
You can complain to the Realtors managing broker.
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16 February 2025 | 6 replies
I’m an investor with properties in both Indianapolis and Kokomo, as well as the owner of a property management company overseeing numerous units in Indianapolis for out-of-state investors.
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3 February 2025 | 8 replies
Just needed for some tips on saving and managing money better .
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13 February 2025 | 3 replies
A solid lender, contractor, and property manager can make or break your first few deals.What strategy are you leaning toward first—flipping, BRRRR, or buy-and-hold?
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7 February 2025 | 8 replies
@Lindsey Matejak we manage a lot of apartments in Berwyn and Cicero where the 2023 flooding happened.
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4 February 2025 | 10 replies
The BRRRR strategy, which stands for Buy, Rehab, Rent, Refinance, Repeat, focuses on long-term investment, while the Fix & Flip approach involves purchasing, renovating, and selling properties for a profit.Investing in Airbnb rentals presents a distinct set of challenges, requiring active management and a thorough understanding of local regulations, but it also has the potential for higher returns.Here is a concise overview of the advantages and disadvantages of each method:Fix & Flip:Pros.- Potential for quick profits - Enhances property value - - Adaptable to market trendsCons.- High risk - Time-intensive - Requires substantial capitalBRRRR:Pros.- Builds long-term wealth - Generates rental income - Increases equityCons.- Complex process - Requires financing - Dependent on market conditionsAirbnb:Pros.- Potential for higher returns - Flexible pricing - Short-term commitmentCons.- Requires active management - Subject to regulatory risks - Income can vary seasonallyI wish you the best in your new venture.
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24 February 2025 | 5 replies
It's low class but some managers I know make s killing.houses are in poor condition since they were built quickly in 1946 to house the returning soldiers from the war👍
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1 February 2025 | 10 replies
Rentrange uses data from large property management companies just like mine.