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5 August 2024 | 8 replies
I would greatly appreciate any advice you could offer on how to get started with buying your first property also Are there specific resources or strategies you found most helpful when you were starting out?
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5 August 2024 | 4 replies
I was surprised by how frustrated she was - I had no idea it was that bad.As we talked more, I started wondering: why can't we do better?
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6 August 2024 | 5 replies
I used Design Appruv on my first ADU and they have since gone bankrupt and stole everyone's money :/...so don't use them, but do look up their Yelp reviews if you want a good chuckle.My buddy CJ just left ADU Geeks and is starting his own company - I think for quite a significant discount.
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7 August 2024 | 3 replies
I would think you would need a pretty large bankroll to start with this as presumably you would take over any mortgage payments and maintenance and have no income coming in from it.
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6 August 2024 | 2 replies
If you do end up needing to ask a real estate attorney questions, it's probably a good idea to start with your title company.
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6 August 2024 | 3 replies
Hey @Asif Ali Kabiruddin Rajani I'm moving to Spain this month to start doing renovation projects.
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6 August 2024 | 0 replies
Over the past 5 days, stocks like Rocket Mortgage have soared by +16.47%, and LoanDepot has jumped by +10.26%, thanks to falling interest rates.On the flip side, homebuilder stocks had a bit of a rough time but are starting to bounce back this morning.
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2 August 2024 | 12 replies
Figuring out where to start is hard sometimes.
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6 August 2024 | 1 reply
If there is no deferred maintenance to start with then you are just budgeting for repairs and dealing with them as they come up.
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3 August 2024 | 10 replies
Current systems and tools:- Assistant to manage payments, invoices, ensure rents come in and chat with tenants for issues- Melio for vendor payments- Baselane for banking - separate accounts for each rental and deposit- Google sheets for Income and Expense reporting- Azibo for rent collection automation with late fee automations- Drive for my leases, SOPs, and documentations of tenants move in/move outGoals of improved system: ensure I have a read out of how each property is preforming month over month, check on big expense items, ensure vendors get paid, mortgages get paid and rent is coming in, generate APY on float and savings for any big CapEx that comes up, and make my life easier come tax season.Is there a single software people use or what do you do for your business systems to optimize all of this?