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24 October 2024 | 5 replies
(about $20K in profits) I've developed and perfected a strategy to manage these tenants (and I'm a Hilton/Marriott hotel General Manager so its not difficult for me)The only thing(s) that are in our way from scaling quickly is;1) a consistent unlimited supply of tenants looking to rent bedrooms, 2) a partnership with a rental management company (we arbitrage 50% of our homes)3) I guess some capital but really only depending on how quickly we decide to scale.MyRoom is the name of the company, (lazzarapm.com) anyone have any thoughts, recommendations, suggestions on how to achieve this, FAST?
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23 October 2024 | 8 replies
To be clear, I will keep working but want to be self employeed in the home services business.Looking forward to see what I can learn from this community.Thank you.
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23 October 2024 | 8 replies
Definitely do not recommend this.
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23 October 2024 | 27 replies
Thanks for this @Andrew Freed and @Kevin Luttrell - this is really helpful info!
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23 October 2024 | 0 replies
What made you interested in investing in this type of deal?
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23 October 2024 | 0 replies
The value on these lots are $15,000-$20,000 each What made you interested in investing in this type of deal?
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23 October 2024 | 3 replies
The tenants have not taken great care of the space, would this cause a lower reasonable rent?
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23 October 2024 | 0 replies
What made you interested in investing in this type of deal?
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23 October 2024 | 4 replies
Depending on the size of the discount when the note was purchased, this often resulted in a 5- - 100% increase in ROI.