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5 June 2021 | 62 replies
If you are considering going the turn key route, here are the things to look out for and avoid in a turn key company.Don't allow financing or a finance contingency (it can be a good indication they are selling above market value)Don't allow for your own independent property inspectionAre not realistic with their pro forma's (i.e. they don't include vacancy or maintenance projections or use unrealistically low vacancy factors)Require you to pay for any renovation upfrontSell only in cheap. low end neighborhoodsDon't accurately represent the neighborhood/property classificationDon't have consistent rehab standards for all propertiesDon't provide a scope of work for the propertyCan't provide references of repeat investorsRequire you to close before a tenant is in place
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3 June 2020 | 17 replies
There are a variety of resources on the platform to develop your knowledge base, and the community is filled with professionals to build purposeful relationships with!
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26 May 2020 | 8 replies
I have found that Investor Carrot has a great database of knowledge within their platform.
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16 December 2020 | 15 replies
We put down 20%, it needed a little bit of updating but nothing major and within a couple of years the prices in Malden had really gone up so it has been consistently profitable so we will hold onto it for a while.
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5 May 2020 | 4 replies
Now that being said, if there is window that opens and they safely get onto a lower porch or there is small platform that is an emergency egress.
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4 May 2020 | 0 replies
The company consists of my dad, my little brother who is super organized and runs the books for us, a rehab project manager, and myself as manager and head of acquisitions.
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7 May 2020 | 6 replies
Even I've got a few performing notes I'm looking to sell, and investigating all these platforms to do so.
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11 May 2020 | 17 replies
My take on the broader situation tends to fluctuate but I believe class C/D investing in Baltimore City if done in a targeted, professional, and consistent way is a giant economic opportunity.
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15 May 2020 | 36 replies
The consistency on the advice from you three is refreshing!
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6 May 2020 | 9 replies
But the guy consistently does not give me an estimate just a vague cost answer and I always get surprised which I think is bad business.