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7 January 2025 | 13 replies
If the latter, simply give her the notice required (eg 30 or 60 days) that she needs to move.
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12 January 2025 | 8 replies
This isn't 2011-2013 days but many people are stuck in that time period STILL.As I finish my licensing study, I'm very grateful I chose this route as opposed to being a one trick pony.Wholesalers did themselves in by their method of operating.
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30 January 2025 | 0 replies
We made a lot of mistakes like working in the wrong order and doing work just to keep my employees busy.
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21 February 2025 | 28 replies
In a world of constant inflation, maintaining your lifestyle over time requires an income that meets four key criteria:Rent Growth Must Outpace InflationIf a basket of goods costs $100 today, in ten years, with 5% annual inflation, that basket will cost $162.
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24 January 2025 | 11 replies
Quote from @Ashish Acharya: Looking ahead to 2024 and beyond, you can treat it as an STR if the average stay is still under 7 days.
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28 January 2025 | 42 replies
I attended the RALA 3-day training in Phoenix and took a couple of online courses as well, and while I found these courses to be very valuable in helping get a clearer understanding of the space and what it might take to be successful, I eventually I found it most beneficial to bring in a partner/advisor who has built residential assisted living facilities here in Texas and has been running them successfully.
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27 January 2025 | 1 reply
One thing I’ve always done is focus on the 75th percentile of the rent estimates, as my properties tend to fall into that range (very nice, but small with no amenities).While I think there will always be some manual research involved, the current platforms lack key functionality that could be easily implemented with the available market data and technology.1.Quality Metrics:•Filter comps to match the quality of your rentals.
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25 January 2025 | 13 replies
Quote from @Sean Gallagher: This is my fear, I have not crossed over to a property manager but just what you discuss has me worried because one day I know I'll have to.
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22 January 2025 | 5 replies
From a tax standpoint, there are additional disclosures to make when selling a business asset for less than fair market value to a related third party.
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16 January 2025 | 6 replies
Work today or don’t work today, it’s great forretirement.E.