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9 November 2022 | 4 replies
And you have a sound plan to house-hack a multifamily deal using your VA loan.My biggest bit of advice right now is - Don't rush into a purchase.
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19 August 2021 | 1 reply
Biggest things to know are below:Find an agent like who knows the hot spots for AirbnbResearch revenue potential with sites like Airdna and Rabbu and look for a minimum 20% cash on cash returnDo market research for competition on Airbnb to know what amenities you need to stand outFind a solid cleaning crew and handyman (BP, Angi, Google, etc) as they are the lifeblood of your businessUse a pricing tool like Wheelhouse and a PMS tool like Your Porter to self-manage (no need to pay 20-25% of gross to a PM if you don't have to)Good luck and DM me if you have any questions!
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19 August 2021 | 4 replies
Biggest thing is finding a GC, then find a PM.
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18 March 2022 | 3 replies
Labor is also one of the biggest expenses in real estate development and the high employment environment creates substantial cost escalation.
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17 March 2022 | 5 replies
The biggest benefit is that they tend to stay for a long time.
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24 March 2022 | 10 replies
If you're looking for a "value-add" property that needs a bit of work, the biggest risk that most of our clients run into is deferred maintenance and capital improvements as labor and material costs have gone up.The most non-extraordinary way that I've seen people making millions from house hacking is by simply buying a multifamily at a fair price, in a B- area, consistently raising rent, minimize vacancy, address maintenance issues, and just hold on (refinance and repeat).Hope that's helpful.
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10 December 2021 | 6 replies
The company they are with is showing no active listings (they are not the biggest company but this seems unlikely).
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8 December 2021 | 5 replies
When your cashflow can pay for it, buy the biggest baddest truck around.
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8 December 2021 | 1 reply
Our biggest issue is the Gas & electric are paid by the landlord... which we do not particularly like, it is right next to another building we own so it would be a nice deal.
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10 April 2016 | 36 replies
The biggest thing is making sure they can get plans done quickly, (i was looking for 6 week turn around time).