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19 December 2024 | 3 replies
If you consistently analyze properties, recognizing a good deal will be much easier when it shows up.
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11 January 2025 | 67 replies
Cheaper properties tend to be in more challenged areas where residents where the clientele just isn't as consistent over time so there's more time, effort and energy spent chasing no payers or late payers and finding someone who takes care of the property is much farther and fewer between.
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23 December 2024 | 10 replies
If you consistently analyze properties, recognizing a good deal will be much easier when it shows up.
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17 December 2024 | 17 replies
Here is a list of potential options:Trello/Asana/Zoho Projects/Freedcamp/Basecamp/Workfront/Monday.com/Jira/etc,etc,etc,etc,etc - General project management software that includes tasks, Gantt scheduling, calendars, project forums, document storage & team collaboration toolsTeamGantt/Gantter/MS Project - Gantt Scheduling Softwares for creating Gantt Charts & Timelines, & managing tasks.Podio - Customizable system that allows you to build workflows, track tasks, track leads, etc.Smartsheet/AirTable - Provide spreadsheet style platforms with additional functionalities for uploading documents/images, assigning tasks, calendar, images, etcOffice 365/Google Sheets Spreadsheets - Believe it or not, a lot of successful flippers still manage their entire business in Microsoft Excel or Google Sheets.
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15 December 2024 | 2 replies
Strategic Purchase: Acquired a discounted double lot below market value with a $17k impact fee credit.Custom Design: Built a 6-bed, 5-bath home tailored for co-living or multi-gen use, maximizing tenant appeal.Efficient Management: Managed construction, and self-managed operations to minimize costs.Premium Marketing: Furnished the property and used multiple platforms to attract quality tenants quickly, achieving full occupancy.What was the outcome?
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19 December 2024 | 10 replies
Raising rent should be based on market rates in your market, there is no need to be consistent unless you want to be.
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20 December 2024 | 14 replies
I'd also check around Bigger Pockets and other platforms for reviews.
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12 December 2024 | 10 replies
I only mention this because I noticed your mention of Furnished Finder, which is the only platform I list my MTR, and FF caters to 30+ day stays.
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27 December 2024 | 34 replies
I would highly recommend contacting local housing authorities and advertising on their suggested platforms if you haven't done so already.
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18 December 2024 | 15 replies
@Shaheen Ahmed you can find all the info you need online if you know where to look - except that the City of Detroit Assessor's Office is consistently undervaluing properties to keep property taxes attractive for investors - to keep improving the city:)Here's some copy & paste infor for Michigan Property Taxes that you might be able to use as a template for other areas - or you could start investing in Detroit:)----------------------------------------------------------------------------------------------------Michigan has some of the most complicated property taxes in the USA.