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1 June 2024 | 5 replies
I do not recommend this route unless you have a solid exit and experience.
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31 May 2024 | 11 replies
I recommend doing this 30 days before transfer.
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31 May 2024 | 0 replies
Closed transaction Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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31 May 2024 | 16 replies
@Ken Chen under $50k => either Class C or D properties, neither of which we recommend be DIY managed remotely.Pontiac & the City of Detroit have properties that will meet these requirements, but are you ready for the corresponding challenges of dealing with low-income tenants?
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1 June 2024 | 6 replies
Because you don't have a plan.I only recommend selling a property if you have a place to put the money and produce a greater return, or if selling moves you closer to your goals.
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31 May 2024 | 6 replies
They may feel a sense of entitlement, and they may not even be good renters.Unless this is some unique situation like a ranch that requires special skills to maintain the property, I recommend you remove the caretaker, spruce the place up, and put it on the market at market rates.I also recommend you look for a professional property manager that can help you navigate this immediately.
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30 May 2024 | 17 replies
For those STR operators and investors that are not comfortable self managing (communication with tenants, scheduling cleaners and organizing supplies) one option is to hire a designated full/part time employee.
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1 June 2024 | 48 replies
I highly recommend his course.
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28 May 2024 | 7 replies
How to analyze: Firstly, I recommend as a beginner to invest in your own market.