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13 August 2024 | 5 replies
Personally, I'm hoping they bring on a portal for tenant maintenance requests.
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15 August 2024 | 6 replies
To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!
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13 August 2024 | 6 replies
Additionally, I’m unclear on how their ARV analysis is conducted since most properties can be found on Redfin or Zillow — does it involve an in-person visit, or is it purely data-driven using comps and suggested repairs?
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14 August 2024 | 16 replies
@Carlos Garcia can you afford to keep them as rentals?
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15 August 2024 | 8 replies
For farm rural property loans, will be harder to come by if you want to get money out of your property, a good rule is to plan on keeping a land property for at least 10 years.If you goal is more cash flow related, you might want to look at buying single family, duplex, triplex or quadplex properties, these are the easiest properties to finance, and there are hundreds if not thousands of lenders in this space.
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12 August 2024 | 15 replies
Personally, paying off your mortgage early is a horrible idea.
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13 August 2024 | 16 replies
On BP forum it's usually mention of LLC or personal name with umbrella policy, don't remember mention of JRT.What would you recommend and why?
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15 August 2024 | 4 replies
For example a younger person with only a few years of credit history with a $100 written off cell phone bill from when they switched companies will have a bad score because they don't have enough history to offset that small negative.
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15 August 2024 | 34 replies
A lot of people will disagree with this and say cut the cord and evict them, but I think it's worth trying to keep a solid tenant.
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14 August 2024 | 8 replies
You are well structured to use the debt snowball to pay down houses quickly, and appears from what you have written that this would be in keeping with your current strategy.