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1 August 2024 | 3 replies
We plan on house hacking it so it will set up the next deal and so on.
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1 August 2024 | 9 replies
As of now thats not an issue for you, but if you plan on expanding your portfolio utilizing the LLC can open up more financing options for you down the road.
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2 August 2024 | 4 replies
Stessa.com - they could not handle XML feeds like Rentlinx.com.Reallyo.com—The owner is always traveling and has excuses for not talking on the phone to discuss a marketing plan.
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1 August 2024 | 4 replies
I have a potential tenant who is requesting to pay rent by money order rather than through the RentRedi platform.
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2 August 2024 | 4 replies
I just need to pay for this, let the EV company handle the issues, (even though I have to buy the chargers) and just treat it like a normal washer and dryer in the unit that most people expect at this level?
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3 August 2024 | 11 replies
Depends on market conditions, interest rates, etc.Step 4: Pay back the principal you originally took out on your SBLOC, bringing your leverage balance on your portfolio back to 0.Step 5: Repeat.Opinions?
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31 July 2024 | 46 replies
Like Tyler said, if it appeals to you and you plan to use it personally, it might make sense.
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2 August 2024 | 4 replies
Myth: getting your license gives you more knowledge of how RE worksFact: You might learn some things from the course but most of it is learned from your broker/experience Pros: Access to MLS, schedule appointments on your own, keep part of the commission on your own dealsCons: you must pay dues, fees, access to MLS, navigating your own transaction might be stressful first few times aroundIf you want to learn, take a few clients out, buy or help a client buy/sell at least 1 home per year it is 100% worth it.
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1 August 2024 | 9 replies
+1 for immersing yourself and finding a mentor/mentors.There is a wealth of info on here and a lot of knowledgeable people who would be willing to help.Other than a book purchase I would avoid any courses, as the info is readily available if you are willing to spend the time to parse it.Build a 1, 3 and 5 year plan and execute while remaining flexible.Good luck!
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2 August 2024 | 10 replies
I think it will need to be sanded but we are not paying anyone for the job and are hoping to get by with puttying (larger holes only), then a pass or two with 100 grit, then poly.