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19 April 2018 | 12 replies
I think one could get reasonable indication of a probable renewal by discovering if that Post Office has recently reduced its hours or is having the carrier pick up mail for the route at another location.
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23 April 2018 | 6 replies
And carving out time to quickly rehab units so the empty days are minimized.I e-mail my procedure manual to folks who PM me, as a starting point, if you are interested.If you decide to go it alone look for classes and/or local organizations to keep up with laws and for additional support.
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31 January 2019 | 13 replies
Resist the temptation of simply picking the one projecting the highest return.
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2 July 2018 | 5 replies
What I have going for me - a Class A Contractor’s license, a healthy W2 salary (I’m an engineer at a “think tank”), a little bit of experience, and about $25k or so in the bank for my next investment.
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20 April 2018 | 19 replies
One small piece of advice that came to me from my mentor behind the bar that become a huge part of how I know have two properties over time is pick a number.
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16 May 2018 | 2 replies
It's a D class neighborhood.
23 April 2018 | 5 replies
The most important quality that I look for is someone who picks up the phone and/ or returns calls promptly.
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19 April 2018 | 1 reply
List your properties as a class.
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23 April 2018 | 5 replies
It’s B-class, was rehabbed long distance for 10% of purchased price, strict 0.5% rule regarding cash-flow (or 5% yearly, but the property taxes there are practically nonexistent), all the utilities on the tenant, super landlord friendly, great PM found through internet and absolutely hassle free.
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19 April 2018 | 4 replies
It's a little bit scary but getting to thoroughly check out your unit and getting to pick your own tenant is worth it.