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29 January 2025 | 9 replies
in a vast interview process with many steps before allowing someone to move in. a new roomie is an everyone-decision, not a landlord-only decision; if you're expecting people to co-exist in a space together (for longer than just a few months), you have to make sure they all have some things in common, or at minimum have the right expectations in terms of cleanliness and routine habits.someone working the night shift and someone else having a 5am rise-time, or someone who works from home in a call-center job is not going to jive well for example. and someone who doesnt handle conflict well is not going to jive with someone who is brutally honest and up front about issues. happy to go into more deets on how we do things if it will help. this can certainly be lucrative in terms of cash flow, but there are huge mud puddles i have stepped in over the years which i have had to learn to navigate.
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23 January 2025 | 5 replies
If you're still in the process of identifying and connecting with a QI, I'd be happy to provide a referral if you're interested.
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18 January 2025 | 8 replies
Cut your losses the first time they miss a payment and start the eviction process.
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17 January 2025 | 3 replies
For example, with our private investors, we always ensure that deals are secured by real assets and provide full transparency throughout the process.
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7 January 2025 | 0 replies
Would like to hire more daily workers to decrease time.
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12 February 2025 | 156 replies
And not just $200 per month per door (which has been the long-standing average, at least here in Milwaukee) Yes, you can also create equity with a business, if you are growing it to a size where it becomes a sellable asset, you replace yourself, hire a manager and a team of workers.
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31 January 2025 | 23 replies
Getting that first deal under my belt with the help of a mentor would significantly accelerate the process and build my confidence.I’m a firm believer in learning by doing—trial by fire, making mistakes, and growing from them.
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5 February 2025 | 28 replies
Before becoming a designer, I was a systems engineer and business analyst (MIS degree), so my process is deeply rooted in formulas to keep the right elements at the forefront.
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20 January 2025 | 6 replies
I'm still in the process of growing my portfolio, but have heard others 1031 all their smaller properties into a larger building and have a property management company manage, OR, set up a seller financing deal with another buyer that gives you the cash flow you desire.
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15 January 2025 | 8 replies
If the tenant refuses to cooperate, begin the eviction process.