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29 May 2024 | 9 replies
My personal investment philosophy would avoid leveraging my primary residence unless I had plenty of reserves to ensure I would be covered in that kind of situation.
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29 May 2024 | 15 replies
Key differences for us include:- we JV with local person on our deals.
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28 May 2024 | 19 replies
It's allowed me to do some of my own work like changing toilets and fixing leaking ceilings, but even if I don't want to do a job personally hopefully I'll have enough knowledge to not let a contractor over charge me, or recommend something I don't need.You'll also meet local contractors, and hopefully investors.They may offer an employee discount too.
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30 May 2024 | 33 replies
Is that based on an actual study or your personal experience?
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27 May 2024 | 5 replies
Most agent wants to sell under my personal name and add my LLC name which is the beneficially of my land trust as a additional insured which do not make sense since the property title under the land trust.
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26 May 2024 | 3 replies
I would add, make sure you have good landlord resources as you enter into the landlord domain-lease agreement fitting your situation-resources for your tenant application process -needed landlord forms and notices-education resources-management tools (e.g. software to keep all records, pictures, payment history, etc.)Best wishes.
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27 May 2024 | 9 replies
The majority owner should be required to sign reps & warrants at closing to be personally liable for them.You didn't mention checking the plumbing - hidden plumbing leaks can cause more damage over time than just about anything else!
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29 May 2024 | 16 replies
This person is eating up your time and sanity.
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28 May 2024 | 8 replies
However, the person who knows how to effectively use AI tools like ChatGPT to get more done will replace you.
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27 May 2024 | 5 replies
I only use it for my personal stuff, and exclude anything that has to do with my rentals, which I'm assuming would be the plan for yourself.