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30 August 2016 | 1 reply
Now I know having an LLC is important to protect yourself and your assets, but is having an LLC necessary for doing your first couple wholesale deals?
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1 September 2016 | 7 replies
Adding one property every couple of years.
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8 September 2016 | 8 replies
My next suggestion which maybe of bigger help is to find and join or attend a couple REIA meetings or groups, they are often your best source for contacts and to get a real time pulse of what is going on in your market area.
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31 August 2016 | 4 replies
Too many newbies read one book, or spend a couple of hours reading and thing they know it all.
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31 August 2016 | 6 replies
We had all the RIGHT puzzle pieces sitting in our laps (great realtor, carpenters, and mortgage broker as close friends and family) so we just had to simply put them together (with a lot of hard work and having a family of 4 living in one room at a time for a couple years.)We are now moving to Roslyn, WA and hope to start a similar (although not as extensive) project there and also try to acquire some SFHs in Kittitas County to start our REI education/climb to billions. :) This feels like bragging, but it was a lot of market luck, hard work, amazing friends, and a wife with an eye for staging.
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1 September 2016 | 5 replies
Their last couple of tenants left a mess and the house needed a fair amount of TLC just to be passible.
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31 August 2016 | 15 replies
The house is a HUD in University Heights, and was listed a couple days ago.
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30 August 2016 | 22 replies
I agree with a couple of things already mentioned: DIY or hire someone to do regular perimeter spray in each unit quarterly.
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31 August 2016 | 24 replies
Before you jump in, I suggest that you join a couple of local networking groups that strictly focus on multifamily to get a sense of what is happening in the multifamily market.
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30 August 2016 | 7 replies
I don't expect Scenario 1 to happen easily, but if we can have a couple conversations and spend a few bucks to get us close to that scenario, we'll be far better off than if we take a confrontational stance and motivate him to push us all into Scenario 2.In any case, we'll get something started tomorrow.