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23 September 2024 | 19 replies
Make sure you screen well and hopefully they won't be.
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26 September 2024 | 5 replies
I'm particularly passionate about [ starting my own business on flipping houses..Outside of real estate, I enjoy spending time w my kids ,, i love the outdoors alot and I enjoy making family memories .Excited to learn and connect with you all!
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23 September 2024 | 3 replies
Still, after a few months, I figured it wasn't the best fit for my interest as I'm interested in raising capital or using other people's money to buy multifamily.
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25 September 2024 | 4 replies
At 5 rental properties, you can more then afford it and it will save you time and headache, and even better could save you a lot more money!
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
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18 September 2024 | 9 replies
Hoping to make some connections and attend some meet ups in Northern Austin if anyone knows about any.Regards,Jim
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24 September 2024 | 19 replies
Once this starts, the affluent will move, leaving less tax money and starting a downward spiral.
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25 September 2024 | 7 replies
In other words, you would not be required to make those changes.
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26 September 2024 | 6 replies
To answer your other questions, you would be able to charge more for the additional space, but I would think that would be negotiated when you make the modification allowing them to convert the drive through space.
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22 September 2024 | 13 replies
I’m not calling out the company yet, as I want to make sure I’m not missing something.