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29 November 2024 | 12 replies
Unless you are getting a bank loan and are willing to accept higher interest rates and balloon payoffs, buying within an LLC is not a clear-cut decision.An LLC can be created very quickly and should costs under $1K, but you need to know there will be costs and time to maintain that LLC every year.
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26 November 2024 | 16 replies
We also accept section 8, so most if not all of each month’s rent is guaranteed with the voucher holders.
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23 November 2024 | 9 replies
What you see on social media isn't real most of the time.
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22 November 2024 | 5 replies
Quote from @Michael Smythe: @Steve K.Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
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21 November 2024 | 9 replies
For finding off-market properties, PropertyRadar has been a lifesaver for me.On social media, I’ve had success connecting with property owners and fellow investors through Facebook groups and LinkedIn.
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26 November 2024 | 5 replies
If you pay more, you won't meet your metrics and will probably have negative cashflow and/or equity.You may have to make 10, 20 or even 100 offers to get one accepted at the price that meets your numbers.
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24 November 2024 | 7 replies
Are you active on your business profiles on social media?
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22 November 2024 | 15 replies
Friends of friends look good, anxious to take possession asap, even tell me openly they will be on the street by dd/mm/yy.We have to treat them just like every other applicant, even though we didn't sign up to be a Social Service for the County.
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11 December 2024 | 101 replies
They own all their properties and their stocks and bonds in their own country and they get all their W2, business and social security income from their own country as well.
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21 November 2024 | 11 replies
I also got on a call with FlipSystem with a rep, who turned out to be Antoine's girlfriend (that wasn't disclosed during the call but it's clear from the social media posts she's his gf).