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27 June 2024 | 0 replies
Cons: Delays buying a house hack, Greatest risk of another repair or eviction causing a larger cash issueOption 5) Self-manage the properties -- Pros: Improves cash flow by ~$100 / unit / month, I self-managed this portfolio for 3 years and believe that I was more effective than the professional property manager, Can do this in addition to any of the above options.
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27 June 2024 | 5 replies
Hello everyone, I'm Brian and I work with a private capital lending company, who provides diverse lending solutions for real estate investments.
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29 June 2024 | 13 replies
Then there are a ton of location based forums here that can help provide you with additional context.
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28 June 2024 | 12 replies
Cashflow / rents will provide additional ROI but in our experience over a long hold time appreciation will always contribute more to your total ROI than cashflow.
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26 June 2024 | 5 replies
Accountants are in such demand, that the best are not even accepting clients half the time.The other problem I see often with accountants on here is that they specialize in larger investors, and have really high prices when you as a smaller investor do not need all the bells and whistles.Another thing I see is folks thinking they need to have a tax professional in their state.
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27 June 2024 | 9 replies
I was thinking perhaps it would be easier to just bring a general contractor to walk the site and provide an estimate on all the rehab costs, rather than to find separate contractors for each specialized task.For those of you who have worked on fixer-uppers, did you bring a general contractor to walk the property with you and give an estimate on rehab costs?
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27 June 2024 | 8 replies
Hello folks in Georgia / Atlanta,The Bigger Pockets Book On Rental Property Investing provides access to a comprehensive list of 34 forms that would be useful to a landlord including things like a lease agreement, application, late rent notice, move-in-move-out agreement, estoppel agreement, tenant phone questionnaire, pet addendum, etc. etc. etc.
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25 June 2024 | 4 replies
Research local rental market trends for 3-bedroom, 2-bathroom homes to determine competitive rental rates and ensure they align with your financial goals.Consulting with local real estate professionals can provide valuable insights into market trends and potential challenges.
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27 June 2024 | 4 replies
You would be better off just hiring a professional property manager on day one.
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27 June 2024 | 0 replies
Partnering with Jamie Munden provided valuable local insights, making this an attractive and strategic investment for Partner Driven.