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25 November 2024 | 12 replies
Do one task at a time in each app so you can compare apples to apples.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.
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30 November 2024 | 16 replies
There are so many ins and outs when buying distressed homes it's definitely something you'll want to be able to lay your hands on, at the beginning at least.Buying turnkeys is a great option as well, there are some larger companies who offer lower interest rate options while operating in more affordable states that are landlord friendly.
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25 November 2024 | 11 replies
Hi all,I can use software to conduct 95% of all property / tenant / cleaning tasks, except... for showing the property to interested tenants.I don't know that this would be an issue, as I'll be doing MTRs and most folks may be out of town anyway.But does anyone here have ideas or suggestions for how I should think about this?
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29 November 2024 | 12 replies
Once you gain that experience, it may become more efficient to delegate the task rather than managing it on your own.
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26 November 2024 | 9 replies
Or should they be noticeably different to potentially capture a larger amount of people?
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25 November 2024 | 1 reply
End up with all cash and little to no tax.Your wealth snowball ends up a lot larger 10 years down the road when you make and keep your money in a more tax efficient way.
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27 November 2024 | 1 reply
Leverage magnifies return. 3) The effort involved in adding an ADU is comparable or larger than a rehab associated with a BRRRR.
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25 November 2024 | 2 replies
@Kristin Boekhoff I generally buy larger multifamily properties, so I don't have any personal recommendations, but I did check with my insurance broker.
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23 November 2024 | 9 replies
Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.
27 November 2024 | 7 replies
House hacking involves partnering with a partner or co-investor to manage property, while real estate syndications involve pooling $35,000 with other investors to buy larger properties.