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3 June 2024 | 7 replies
My guess would be that as this GP is doing 1031 as a TIC into the deal he would be a little less likely to want a sale, which is a taxable capital event, and would like to keep his money invested and sheltered from taxation as long as possible which tends to fit with my investing style of long term/preferably forever investing.
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2 June 2024 | 5 replies
He told me that everything that was already ugly carpet would get me a higher appraisal if I redid that with nicer carpet rather then peel and stick vinyl wood style flooring.
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4 June 2024 | 0 replies
I anticipate this feedback will be helpful to the community at large, allowing us to collectively identify solutions to common problems and learn from each others' mistakes.
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4 June 2024 | 3 replies
While you are at it, learn how to manage your properties well because a large percentage of investors lose tons of money through rookie mistakes with non-paying tenants, unscrupulous contractors, long vacancies, etc.
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4 June 2024 | 3 replies
Hello Everyone, My name is Solomon and when it comes to the Real estate investment game I am on the newer side but willing to learn from others and when the time is right strike to get my second true rental property.
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4 June 2024 | 5 replies
They are doing it because the lender is requiring them to, so might as well spin it into conservatism and positive messaging.But at the end of the day, the bigger tell to me, as I am learning the hard way, is fees.
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5 June 2024 | 21 replies
I also learned of landlords (at least in one case) that are getting HARMED by high volumes of text spams and calls from investors.
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4 June 2024 | 0 replies
I have my second contract with renters - it is great when they pay Lessons learned?
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4 June 2024 | 3 replies
A lot of self employed property managers I know come from 2 paths, either they worked in property management under another company, gained experience, and left to do their own thing.or they had their own property and learned on the fly until they were big enough to start taking on 3rd party stuff.
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4 June 2024 | 42 replies
$7800 to learn how to make offers to properties that everyone already has access to?