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19 May 2022 | 6 replies
How early should I start interviewing real estate agents, beginning the FHA loan process, and any other necessary components?
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19 September 2016 | 14 replies
Oh yeah, I do this because I do not want a contractor/handyman to supply poor quality components that they will be installing.
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16 October 2016 | 5 replies
I have learned feeling the breeze is much more enjoyable than being a component of it.
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31 July 2016 | 16 replies
Price increase is not speculation of property is bought below intrinsic value with a strong value add component, which is the only way anything should ever be bought.Now, there are caveats, of course.
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2 April 2016 | 5 replies
You need to check with the Park to make sure they will let you sublet it - many will not and require owner occupancy.I personally would not want to be responsible for mobile home repairs, which you can expect will be often as the components are typically cheaper than stick built.
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11 September 2012 | 11 replies
In the big picture it is not worth it in many cases for what is involved.What a property manager will charge varies.If you have a property in a war zone it can be 10 to 12% or more to run properly.If you have a larger apartment building you can get to 5% to 6% management.You can mix up your investment portfolio to give you a wide range of possibilities or stick to one niche.It doesn't make sense for you to take away TIME from your business and primary income to deal with investments.That can cost you more money than the returns you will be getting in lost productivity.Take it from someone who is not only a commercial broker but an investor themselves as well.How you spend your time for the return involved is the key component.
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26 March 2012 | 3 replies
There is a human component as well but you have to monetize as well.If the broker/agent is not doing this I wouldn't want to work with them anyway as they do not understand business and time versus money cost.If they do not understand that they certainly do not understand how to evaluate investment property for you.Is this an investment broker/agent or someone who just list homes that you stumbled across??
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18 November 2015 | 4 replies
Net Worth is a paper tiger and is really meaningful only at two points in your lifebragging rights at a cocktail partydealing with your estate when it goes to your heirsLoad Rate, qualifications for loans, and cash-on-cash returns have no component of your net worth.
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2 January 2016 | 7 replies
As you scale up and take new clients you will quickly notice different views, quality,... with VRs that clash with your concept.Its RE with a large amount of a hospitality component that many owners seem to over look / ignore.
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1 May 2015 | 16 replies
I'm contemplating spending up to $15,000 to buy into an established mentor/coaching wholesaling program that focuses heavily on the marketing and system components.