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3 January 2025 | 26 replies
Any recommendation for the first steps I should take if I want to purchase my first rental property using the BRRRR method (or flipping).
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6 January 2025 | 7 replies
If you are using RE investing to try to avoid going to school, your intentions are not in the correct place.
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4 January 2025 | 3 replies
Hello @Yvonne Wang,The scope of work should include the following:- Basic info: Property address, client name, contractor's contact info, address, license#'s, signed general/operating agreement b/w contractor and client- Specification of repairs: Repair item, Quantity of items needed, total & per unit cost of items, taxes (if applicable), Completion hours, title of the person responsible for the repair item, written summary describing the work- Add'l info: Schedule of repairs, additional payment schedule details i.e. disbursement schedule, method of disbursement, deposits, holdback amounts, etc.The screenshot below highlights a couple of repair items.
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25 January 2025 | 17 replies
But from your post it seems all that may not be correct.
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10 January 2025 | 6 replies
The Tampa Bay area can really be the best of both worlds in terms of appreciation and cash flow, as long as you execute correctly.
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10 January 2025 | 11 replies
Keeping insurance and ownership in mind, what is the correct day to start the lease?
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8 January 2025 | 38 replies
This method is a little riskier and requires more work from the Property Manager.
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24 January 2025 | 42 replies
@Steve Powers is correct that these were mostly originated as owner occupied loans.
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30 December 2024 | 15 replies
Without rent control i either raise their rent far above market rents so they give me notice (my preferred method) or i simply do not renew their lease.
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5 January 2025 | 7 replies
Again, all answers that might be better answered in private.You are correct that a lot of lenders just don't understand how we work as investors but that's why some of us hang out here.