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10 December 2024 | 6 replies
Larger properties spread your risk.Be Ready for Some Sweat Equity: Many first-time house hackers underestimate this part, but putting in a little elbow grease can drastically improve your returns.
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10 December 2024 | 11 replies
These are the pros and cons of these markets as I see it: Riverside: Larger units with more bedrooms; I can afford better neighborhood with less crime (50 percentile); properties are less old but ugly.
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8 December 2024 | 4 replies
I'm wondering if I could use a family member with a high net worth on my larger multifamily deals.
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5 December 2024 | 5 replies
It's designed to ensure someone nearby can manage things responsibly.Your plan to hire a local person for emergencies and other tasks is a great workaround.
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9 December 2024 | 98 replies
Could be a big bubble but, I think it’s a larger risk not to find out.
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9 December 2024 | 16 replies
The larger ones are much cheaper per square foot but the rents for the 1,700 to 2500 sq ft cabins have come down as have their prices.
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7 December 2024 | 15 replies
Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.
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6 December 2024 | 13 replies
Since I work from home I think house hacking would suit me since I can live on the property and perform some of the easier maintenance tasks myself.
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9 December 2024 | 7 replies
However, if you have a more extensive portfolio or plan to become larger in the next year or two, I would look for a double-entry system that allows bank reconciliations.
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17 December 2024 | 36 replies
Quote from @Mike Dymski: The syndication investing that is discussed on the BP forums and podcasts is a fraction of the larger syndication business.