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25 June 2024 | 9 replies
Currently, they are financed under my personal name.
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27 June 2024 | 1 reply
Use the app "meetup" or look on FB for local get togethers.
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27 June 2024 | 28 replies
(I won't name the very reputable course) The course experience is double edged...as I needed to learn; but there was just way too many hours of talk and information that could have been wrapped up in an hour rather than 10 hours.
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26 June 2024 | 5 replies
Every picture we use is watermarked with our company name and phone number.
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27 June 2024 | 3 replies
Since you're a fellow Detroit'er, what local investment meetings do you attend?
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27 June 2024 | 9 replies
Hey @Jonathan Feliciano - Love your name brother!
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27 June 2024 | 3 replies
Here are some tips and insights to consider as you begin building your real estate portfolio:Options:Refinancing: If you have equity in your condo, consider refinancing to access funds for future investments.Investment Loans: Explore options like conventional loans for financing future rental properties.HELOC: Depending on your equity and financial situation, a Home Equity Line of Credit (HELOC) could provide flexible financing for down payments or renovations on new properties.Build a Financial Strategy:Budgeting: Create a detailed budget that includes mortgage payments, property taxes, insurance, and maintenance costs for your rental property.Cash Flow Analysis: Calculate expected rental income versus expenses to ensure positive cash flow.Emergency Fund: Set aside funds for unexpected repairs or vacancies.Research the Rental Market:Location: Choose rental properties in areas with strong rental demand and potential for appreciation.Tenant Profile: Understand the demographics and preferences of renters in your target market.Market Trends: Stay updated on rental market trends and local regulations affecting landlords.Property Management:Self-Management vs.
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27 June 2024 | 4 replies
A Local Realtor to the property can do a broker price opinion, cost varies.OR Pay for on of the 100's of AVM services
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27 June 2024 | 26 replies
You may want to visit a few cities to get a feel for the different markets and meet local real estate professionals.
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27 June 2024 | 1 reply
Seems like a potential issue if I stop working with them in the future and lose all access to the listing completely.I currently manage an STR in my local market, but a property manager I spoke to insisted that they handle all the setup on the OTAs vs having the listing under my account and giving them cohost/PMS access.This is my first time dealing with a property manager so I was wondering what everyone's experience is like in this business relationship.Secondary question:As an experienced cohost, do you care if it's an old or brand-new listing?