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23 September 2024 | 2 replies
I'm all in but I must admit the whole game does feel a little intimidating, anytime I think I like a property and I think of calling the realtor, I start having self-doubt (that maybe I'm missing something and I'll come off completely stupid).I would like to ask the seasoned investors, how was your experience with your first deal?
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23 September 2024 | 10 replies
What’s also true is that you can deduct expenses and even depreciation on this same % and subtract the first $1000 before calculating the UBIT.
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24 September 2024 | 8 replies
The brands I've been bid on have been:Eco WindowsCGI Sparta SeriesLawson IndustriesESWindowsAssuraAssura is from home depot, main advantage i've found is that they have a quick lead time of 4 weeks, compared to everyone else saying 6-8 weeks.CGI I heard its a reputable brand with a good warranty Lawson, cheapest quote but Im' hearing has a huge lead time now and they have been messing up peoples orders with sizes or specificationsES Windows, comes from Colombia and I heard spare parts, replacements and customer service is terribleEco, I haven't really heard much about but price seems close to what I'm being quoted for CGI Spartas Anybody on here with more experience that can help me narrow it down?
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24 September 2024 | 16 replies
I give them full time jobs at my PM co with benefits :)But to hire on a contract basis - mainly echoing from above - I would go to Thumbtack, TaskRabbit, Local FB groups.
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19 September 2024 | 0 replies
I am trying to enter the real estate industry with a rental investment property. My options are as follows: - Multi-family home with 15% down, 0.5% off rate, and $1,000 towards closing costs.
- Single family home in...
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24 September 2024 | 2 replies
Whether you're considering your first investment or looking to optimize your current portfolio, I'm here to help.
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23 September 2024 | 4 replies
For me, I did not take a penny the first 5 years.
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25 September 2024 | 32 replies
And lastly, make sure the property management company has experience leasing and managing Section 8 properties, since there is a lot paperwork and processes, and I've seen experienced property management companies who do this stuff all the time, screw up on multiple Section 8 leases to where the tenant's packet expired because they were so incompetent.
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25 September 2024 | 6 replies
So visiting the property could have some value, depending on your goals of the visit.I have hosted investor tours at properties in the past, where we dedicate time with our investors and the community manager to walk the property so they can see their investment, as well as talk about current operations, how the business plan in going, and allow them to meet people on the team that they invested with.