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13 January 2022 | 8 replies
We use it with our residents who are first-time renters and who live in our units designed for working class residents.
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11 January 2022 | 1 reply
That's good that you found a great team around you to tackle this new environment.
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12 January 2022 | 0 replies
The cost of living in Mexico is quite low and we are able to save about $7k a month.My Real Estate Investing Strategy:I plan to do out-of-state REI.I intend to target distressed multifamily properties (2-4 units) in B - C Class areas.SFHs are acceptable but the numbers appear to work better in multifamily.I would like to utilize the BRRRR method in order to efficiently utilize capital.I would prefer to target higher cash-flowing markets.The end goal is a passive income with buy and hold.My Question:I would like to hear your experiences in the Memphis market and if you would recommend it today for a newcomer such as myself?
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16 January 2022 | 38 replies
But keep in mind, the best influencers are the ones that are able to influence others without others even realizing it.Here’s a list of all the people that I influence when it comes to real estate investing:my bankers through keeping enough in reserves and having enough cash flow to lead them to want to give me loans on my properties.The people who work for me by being nice to them, encouraging them, providing a good work environment, paying them, and helping them get their own real estate properties.My business partners by trying to be fair, making sure that they benefit from the partnership, and by helping them reach their goals all while helping me reach mine.My tenants I incentivizing them to take care of all the smaller issues that come up in the home by discounting the rent.Sellers by finding out how much they need to get out of the sale of their home in order to help them solve the problem that they’re in, then we work together to make it a win-win situation.Title companies by sending them previously closed settlement statements explaining how to put the rehab credit on to the settlement statement.Wholesalers and realtors by telling them that I own 200 properties and I am a serious buyer and that I will buy the property if I am able to buy a property A certain way or at a certain price, and that I will close on the deal as long as it is according to how they presented it.
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17 January 2022 | 5 replies
And I would probably prefer to work full time while going to school because that would help out a lot but I think the times would conflict unless there are night classes.
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15 January 2022 | 1 reply
This article will review the retail asset class, which covers various properties, ranging from small stand-alone banks and restaurants to regional shopping malls and power centers.
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22 March 2022 | 10 replies
The problem with other asset types is that I haven’t found many commercial classes that have well-developed training and mentoring programs.
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31 January 2022 | 1 reply
Seasonality seems to impact new construction more than my B/C class areas too.
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31 January 2022 | 6 replies
Have you checked out having your class paid for by a military education source (in some form)?
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30 January 2022 | 2 replies
Hi I really need help on this, I have a C class rental, we need to replace the shower and the size is very unique, then there has to be tile on the wall and floor.Any recommendation for the type/color of tiles on the shower wall and shower floor?