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21 December 2015 | 10 replies
Let me know if you need help in picking one.
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16 December 2015 | 4 replies
It is truly amazing what you can pick up. 3)Take action.
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16 December 2015 | 5 replies
One option you might consider is wholesaling the property if you can work a good enough deal that someone would pick it up.
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16 December 2015 | 7 replies
The opinions expressed may or may not be rooted in truth or just my random thoughts.
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16 December 2015 | 12 replies
The opinions expressed may or may not be rooted in truth or just my random thoughts.
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16 January 2016 | 9 replies
The opinions expressed may or may not be rooted in truth or just my random thoughts.
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21 December 2015 | 10 replies
No matter which option you pick, the fact that you have an advertisement, sign, or a website means there is something in it for you.
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20 December 2015 | 10 replies
I just went through the process of picking an online book keeper platform.
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19 December 2015 | 7 replies
Any advice is greatly appreciated.David,Here's what I do for my multi-family buyers:Yes it is hard to estimate for maintenance because of a lot of variablesBut I know its expense is less for more units, for things like 16+ unit buildings, onsite maintenance room for storage materials, onsite employees use less hours to do work ordersSome entities even volunteer their residents to pick up grounds, hence minimizing your maintenance costsIf hdsupply.com accepts your account they specialize in multi-family buildings and you don't have to use man power for delivery or pickups And yes, you can do analysis paralysis but it might help you the bank's formula DCRThe 1031 buyers look at expenses differently Yes there's a number per door, e.g. if the units have been neglected you will spend at least one month's rent in turn ready unit expense An organized well lubricated team should turn ready units in 2-3 daysPay close attention to the human factor, i.e. low self-esteem employees who will take longer to turn ready units or do work orders with poorly workmanship, theft, etc In capital expenses, concentrate in a few and more expensive to start with, AC, plumbing, electrical