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16 January 2025 | 15 replies
The big thing is always focus on protecting the public, disclose, and take care of people.
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23 December 2024 | 21 replies
It’s great to hear about your move from healthcare to real estate investing.
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8 January 2025 | 11 replies
Makes me think they could be too busy taking care of a new baby to attend to guest issues?
13 January 2025 | 21 replies
I would also be careful talking to property managers - they may have no problem telling about "other" buildings, but change of ownership in their own building is a threat to their livelihood.
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13 January 2025 | 11 replies
-- We focus on verifying 2-year work history and verifying rent payments with last 2 landlords (unless in same property for 5+ years).3) MoveIn Specials: be careful with offering "free rent" as will just attract tenants with no cash.-- Try free TV or something else worth 25-50% of one month of rent.-- Or, what we do is offer the free rent AFTER & ONLY if they pay their first 3 months of rent on time to earn it.4) Lower the rent 5% every 2-4 weeks until activity picks up.5) Understand this is the worst time of year to find tenants.-- Starts picking back up end of February when this tenant pool starts getting their income tax refunds and aren't broke anymore.6) Section 8: where is the property being advertised?
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13 January 2025 | 18 replies
Now, if you listen carefully you will find that he too found some of the same things that others mentioned...no deals in Austin, prices were too high...but then he adjusted his approach and nailed it!
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5 January 2025 | 7 replies
Some investors think that just because they are section 8 they don’t care where they live, they just want a roof over their head.
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5 January 2025 | 7 replies
My CPA takes care of the 1098s.
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10 January 2025 | 12 replies
this means that these owners are under much less pressure to sell, and so they don't really care that their price won't let the property be a good rental.