
4 June 2024 | 9 replies
I haven’t had any problems getting them rented but my most upscale building took maybe 1 week longer per unit than the others to lease up because it is relatively more expensive than other properties in the same small town.

5 June 2024 | 15 replies
My logic is if I tell them I am self representing then I can offer the 2% lower and they know they will get to keep that since I dont have an agent.

4 June 2024 | 5 replies
Just Breaking EvenWhile breaking even is better than a loss, it's generally not ideal.I would aim for properties that provide positive cash flow immediately to ensure you're making a profit after all expenses.

3 June 2024 | 13 replies
@Eli Joffe the most general but applicable advice in your situation is to start focusing on high cash-flow properties with low equity growth potential in the beginning in order to have the cash to boot strap.Once you have a few properties under your belt, then start phasing in nicer homes which tend to be lower cash-flow with higher equity growth potentialThe former helps you boot-strap using more labor and the latter helps build wealth more passively and with less tenant struggles.

2 June 2024 | 13 replies
Make a list of expense line items and validate.

4 June 2024 | 5 replies
it's not expensive.

3 June 2024 | 5 replies
Do they sell lower performing assets, reposition, keep all?

4 June 2024 | 7 replies
So Roseburg has less searches and also less views of properties, because supply/demand maybe lower.

3 June 2024 | 9 replies
Strategies might also include, get the seller to buy down your rate, find a less expensive property, analyze more properties, look out of the LA area, or even out of state.

3 June 2024 | 6 replies
Their expense is simply another business expense like the utilities, taxes, insurance, supplies, HOA, etc.