28 September 2024 | 19 replies
When it comes to management, I would be taking on a more active role in day-to-day maintenance, tenant acquisition, renovations, etc.
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25 September 2024 | 20 replies
You could also get involved with your local REIA and try to partner up with a more experienced investor, depending on what you can bring to the table, in terms of value add.
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25 September 2024 | 4 replies
Might need to just get to a more informed person at the lender to ask these questions, or get your attorney involved.
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27 September 2024 | 14 replies
Or is there a more efficient method to do this?
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25 September 2024 | 7 replies
If you have a more extensive full gut rehab you need drawings depicting the work to be performed and material specifications.
25 September 2024 | 8 replies
I could pass this along directly in the cleaning charge, but I feel like that is a more visible competitive differentiator.
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25 September 2024 | 14 replies
I do that by upgrading the property, making it a more desirable place, which often allows me to get higher rents too.
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26 September 2024 | 9 replies
When I was a more active buyer, in my area I did similar deep dives into the HUD/REO markets and courthouse sale data based on Substitute Trustee filings.
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24 September 2024 | 3 replies
I have had some success going through someone named Kim Butler in my local OKC market, and she is usually able to shop multiple insurance companies when I run into a more unique scenario such as multi-unit properties.
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23 September 2024 | 6 replies
The rent to price ratio's look really good for Texas (as well as compared to national levels) and my models cashflow at 20% down if the rate is at 5% or lower, really at the current rates its more breakeven but there Refi potential over the coming years and there is appreciation upside in my opinion with the new Tom Thumb, HEB, and Target breaking ground this year making Forney a more classic style suburb.