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2 January 2025 | 36 replies
This is going to be a combination of agents, financers, property managers, ect. who are going to do the day to day tasks of finding and managing the property for you.
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30 December 2024 | 13 replies
Thoughtful extras, such as welcome baskets or well-stocked kitchens with basic spices, can make a stay memorable.
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9 January 2025 | 32 replies
I'm Francisco Centeno (REALTOR)So, cost segregation is basically deducting the depreciation of a property for years.Now, in the hypothetically situation...If both of you combines were earning $700k and you just bought a $2m property, and the cost segregation you got from a professional for the $2m property is $316k.
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31 December 2024 | 14 replies
Bob is very good on the customer support and that being said... they are the only company other than myself that I have invested with basically EVER... as I do my own deals.But I had money stacking up in my SDRA and of course I can't self deal.. so I chose one of his new investments which is more akin to what I like.. quicker turn and high IRR...
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26 December 2024 | 7 replies
And even if they do, they can change that at a monthly BOD meeting.Plus, since you are going to have to hire out the 1) Property Mgmt, 2) Repairs and maintenance, and 3) cleaning, your profit margin is going to be very slim, particualry in a condo (which will have a much leaner net profit than a basic house.Not trying to be a downer, but I'd suggest looking at another avenue for REI.
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9 January 2025 | 28 replies
Learn the basics of what a good deal looks like and how to find them.
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2 January 2025 | 25 replies
Next time if you’re not going to use an inspector then do a basic inspection yourself.
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2 January 2025 | 13 replies
I am basically counting on the values appreciating over the next 2-3 years and possibly refinancing it later.
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28 December 2024 | 3 replies
Basically, what I said was it would be good to get the best of both worlds.
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31 December 2024 | 8 replies
Understand that they are doing this to make a profit, so it will be more expensive than coordinating maintenance yourself.It may be a decent program for a DIY owner that wants to just outsource maintenance, but you will have the same maintenance issues with this company that you would with a PMC:1) Higher costs2) Admins answering the phones & assigning work, that just know the basics about maintenance.