
3 March 2024 | 1 reply
You want a seasoned agent working on the preventive maintenance part of the deal and a good bank to walk you through the process.

4 March 2024 | 6 replies
The real money is in Chick Fil A or Raising Cane's where they pay tons of rent and usually do more sales than Starbucks, Mcdonalds, and a Subway store put together.Now of course the diamond tenants that pay lots of rent want the best locations as it's not really about the rent they pay it's more about how much sales per foot they think they can generate and profit for the site.Example a restaurant could pay 100k in rent but do 1.5 million in sales for 7.5 percent rent to sales ratio.

4 March 2024 | 7 replies
Personally we don't do anything more than 50% leverage and right now we are right around 20% leveraged on our entire $4mm portfolio.i don't understand how people do all these 0,10-20% leverage deals and max out with little to no cash flow but have "100 doors" we have 20 doors but they are all high quality homes.Was an intensive grind and a lot of cash but I wouldn't trade our journey for anything -14 years later were at 20% leverage on our portfolio and dropping rapidly every month

3 March 2024 | 2 replies
Rest of stuff painter/handyman service and a maid.

3 March 2024 | 2 replies
The 2 houses are being sold together on the same lot for 1 price and they are calling it a 5b/3b (which isn’t quite accurate since that makes up both houses-it’s really a 3/2 and a 2/1).

5 March 2024 | 43 replies
This is caused by the tenant and she should be charged for it.Mold requires to things: water and a food source (usually dust).

4 March 2024 | 9 replies
When looking for a primary residence look at the rents in the area an determine of you could rent it out if/when you decide to move then you have a rental property and a primary residence.

4 March 2024 | 30 replies
Personally I wouldn't rent to anyone without a rental agreement stating the terms and a small deposit.

3 March 2024 | 5 replies
I co-host a monthly real estate meetup called "Real Estate Wealth Builders Circle" with education and a social accountability connection with other local investors here in the Twin Cities.

3 March 2024 | 12 replies
In cases where I rent a room I just rely on checking they have a professional health care license and a job in the area but that is only because the roommate is my son.