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16 August 2024 | 2 replies
You don't need to know everything to get started; you need a foundation to build on, and the rest will come through experience and then refining your education.You can build a basic understanding of investing in 3-6 months.
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15 August 2024 | 16 replies
You will find them where people sleep.
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17 August 2024 | 27 replies
As a homeowner, you're already ahead of most people :) I grew up in CA and moved to Reno, NV to live and invest.
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16 August 2024 | 2 replies
Ensure you are engaging your CPA or tax strategist experts to help with tax planning for your portfolio and understand that this is a different service than your standard tax preparation.
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16 August 2024 | 8 replies
Every system you try will have flaws, or you may salivate over a feature that appears in other software.Some familiar names are mentioned frequently: Stessa, Apartments.com, RentRedi, TenantCloud, Innago, RentManager, Avail, Rentec Direct, Doorloop, etc.I recommend conducting thorough research on each app online to understand their offerings, pricing, etc.
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17 August 2024 | 1 reply
Many people get suckered into paying cash, and then the contractor disappears.
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17 August 2024 | 20 replies
Do you have proper license and insurance to legally manage properties for other people?
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16 August 2024 | 6 replies
First make sure you are licensed and insured to be able to legally manage other people properties.Research what the requirements are for your new location.
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17 August 2024 | 7 replies
@Khayla WilliamsI strongly recommend against borrowing 100% for a propertyThere is significant risk in owning real estate including section 8 and maintaining the home in a certain condition and if you do t have the funds for those repairs you could lose it all.I always recommend people budget and save enough for a down payment and reserves before getting into their first property.
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16 August 2024 | 4 replies
Most people will not want to spend time on a deal or partnership if the numbers are too tight.Your other value here is:- You have full access to the property.