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27 December 2024 | 3 replies
If you consistently analyze properties, recognizing a good deal will be much easier when it shows up.
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28 December 2024 | 13 replies
I highly encourage all my tenants to keep open communication with me about any struggles to pay rent, and generally they do.
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26 December 2024 | 2 replies
Building trust can lead to better negotiations and more opportunities in the long run.Managing seller relationships is about clear communication.
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6 January 2025 | 57 replies
@Kyle FitchReal estate is a superior investment due to its tangible assets, consistent cash flow, leverage, tax benefits, control over investment performance, appreciation, and diversification.
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26 December 2024 | 3 replies
We consistently produce over $70k in net income and I distribute this to support my family.Long-Distance REI: I am looking to invest in long-distance cash-flowing SFH in growing C-Class neighborhoods.
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2 January 2025 | 11 replies
It wasn’t how I wanted to kick things off, but I worked with a contractor to get the bathroom fixed and functional.Once that was behind me, I focused on improving the building and maximizing income:I installed a shared washer and dryer for the tenants, a major upgrade that added convenience and increased the property’s value.I rented out the two garage parking spaces, bringing in consistent revenue.I also raised rents for the second- and third-floor tenants I inherited to be just below market-rate.
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16 December 2024 | 19 replies
Tenant has been making consistent payments so far so that's not the issue.
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27 December 2024 | 13 replies
This will cut down significantly on the issues you may have down the road with communication, paying rent on time, caring for property, etc.
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4 January 2025 | 28 replies
Although the official language is English, it is comical sometimes let’s call it my failure to communicate.
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25 December 2024 | 3 replies
For this situation, communicate very clearly and bluntly with the tenants and try to realign expectations so they don’t do this same with you.