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25 November 2024 | 22 replies
Smart Property Systems allows and owner to assign properties to an employee or associate.
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28 November 2024 | 23 replies
The problem is there are so many glitches in their base system that still need to be ironed out.
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7 December 2024 | 60 replies
First through American System Built Homes, and then through his Usonians starting with the Jacobs 1 and 2.Yup IMO Lindal Homes is currently the closest thing available that is doing what I aspire to do.
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27 November 2024 | 2 replies
Here's what I've learned:Inspections Are Non-Negotiable: Always get a full inspection, but don’t stop there.Plumbing & Sewer: Have the plumbing and sewer systems checked specifically, as these are common problem areas in older homes.Electrical System: If the inspector flags any electrical concerns, bring in an electrician during the inspection phase for a detailed evaluation.
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1 December 2024 | 7 replies
I hope more people see this and avoid getting into a pickle with incompetent teams like I just did.FlipSystem is Scam System, they just use Fake Advertisement to Scam New Real Estate Investors, many people are into deep trouble by following their advise and even bankrupt ont!
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27 November 2024 | 7 replies
Even after guests book and pay their message system blocks out e-mail addresses and phone numbers, so I'm left resorting to spelling out my phone number in odd ways to get around it.
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3 December 2024 | 14 replies
My goal is to scale up over the next few years and add another 10-20 doors.I ran across someone that is saying they are building quadplexes in the same town in Texas as my current rentals there, so I have some support system there.High level this is the idea on the deal:4 units constructed as 2 duplexes on one parcel.1250sqf 3/2/1 units$650k sale price, CME is $820k according to builder, will have a independent CME done if/as I move forward.Rent per unit is $1750 based on the other quad in the developmentBest guess at this point is about $16k/year cash flow at a 9.5% cap rate.Builder is a sister company of a established company in a related industry that has done "some" builds before but not a lot.
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24 November 2024 | 2 replies
Will my IDR plan amount be what is factored into my DTI versus a percentage of my loans?
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24 November 2024 | 1 reply
Need some advise on long term tax strategy as a secondary home (out of state) versus an investment property.
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28 November 2024 | 8 replies
These types of places typically don't use alot of technology or have great systems, making it easy from a management perspective to turn things around.