26 September 2024 | 4 replies
Should I just send it though there or make her give me the forwarding address?
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20 September 2024 | 73 replies
So I now have all the information I need to make informed valuation decisions at my fingertips.
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23 September 2024 | 12 replies
We bought an industrial warehouse for ~$250k and is in the process of renovating it.
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25 September 2024 | 7 replies
I am looking to invest in Fort Wayne and would like to make connections in the area.
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26 September 2024 | 2 replies
Now I'm more concerned about making a living and building cash and you can only do that through flipping, not rentals.
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26 September 2024 | 5 replies
Rather than asking "how do I make my property work for me/cashflow?"
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26 September 2024 | 4 replies
All-in-all the amount of the loan shouldn't be substantial enough to the point where I wouldn't be able to cover it out of pocket anyways if need be, just want to make sure that I'm not missing anything.Does it sound like I have the situation figured out or is there something I might be missing?
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21 September 2024 | 1 reply
As such, one of the things I enjoy doing is doing deep due diligence on deals and sharing those deals that pass with everyone to make it easier to take that first step.
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20 September 2024 | 22 replies
Make sure you do a deal that makes sense. by the way Michael is a good person to follow here about marketing.
22 September 2024 | 8 replies
Back in the day we carried a balance of $100,000+ that was owed to us and that is now down to only $10,000 or so and we only cover out of pocket if it's an emergency.The PM must have sufficient reserves to do the necessary maintenance work and shouldn't be chasing landlords for money.Just my opinion...Also, a PM's number 1 profit center is maintenance up charge.Landlords don't have much insight and PM's nickel and dime to death on those.If you are suspicious, ask for a receipt so they aren't making up non existent maintenance.Let them make their money tho and calculate that into your expense pro-forma.Otherwise, manage yourself and deal with the $#%^@ that comes with it lol.Multifamily in Ohio, you can get for $25,000 - $35,000 a unit.Drop another $5,000 - $10,000 into the turns and rents should be North of $800pm.Decent area's also.Personally, I wouldn't get out of bed unless I'm making the above numbers.Wishing you much success