Leah Ramsey
Thoughts on my start into realestate?
4 October 2024 | 6 replies
With your boyfriend working for a builder/investor, you might have access to some insider opportunities.Working with your boyfriend’s expertise and connections is a huge advantage, especially for managing upgrades and potentially cutting costs on labor or materials.The $45K Home: Keeping the inherited property with the $45k balance as-is until Year 3 is a wise decision.
Anthony Abruzzo
New member about to be a long distance landlord
2 October 2024 | 8 replies
You'll need a reliable network of local professionals (plumbers, electricians, handymen) you can trust.Hiring a Property Manager:Peace of Mind: They handle day-to-day operations, tenant communications, and legal compliance.Local Expertise: They understand the local market trends and rental laws in Colorado Springs.Cost: While there’s a fee, many find it worth the reduction in stress and time commitment.Lessons Learned from ExperienceBuild a Strong Local Team: Even if you manage the property yourself, having a dependable local handyman and a real estate attorney can save you headaches.Leverage Technology: Utilize property management software for rent collection, maintenance requests, and tenant screening.
Daniel Afonso
Rookie seeking financial freedom
30 September 2024 | 1 reply
I'm looking for savvy friends and I'm sure I can also give you tips about stuff in my domain of expertise.
Colton Kotylo
Getting Out of The Contract
6 October 2024 | 49 replies
Negotiating the sales price, getting the property under contract, understanding the sales process, digesting the inspection report and negotiating around that, etc. is where having someone with expertise on your side will come in very handy.
Nicolas Munoz
I'm new to real estate investing and looking for some advice on software.
1 October 2024 | 12 replies
I have to visit so many different sources to gather the full picture of the property, then manually input the data into calculators, Excel models, or other tools to calculate cashflow potential.
Ian Wright
Frustration and headaches with modelling
25 September 2024 | 1 reply
I have been playing around with python to build financial models and wanted to get some tips on how to make my models more user friendly and better at solving common pain points.
Greta Andrews
Cash Value Life Insurance VS Self Directed IRA
2 October 2024 | 24 replies
What a person calls oneself does not directly reflect on their level of expertise or how great their advice is.
Miguel Del Mazo
MTR property management
1 October 2024 | 8 replies
Both of those fee structures seems punitively high to me for the MTR model.
Nicolas Munoz
Experienced Investors – How Do You Analyze Deals and Mitigate Risks?
28 September 2024 | 3 replies
Your expertise can make a big difference!
Jaiden Young
How Do You Vet Sponsoring Brokers?
2 October 2024 | 5 replies
Even if that one branch is doing well, if the whole firm is upside down, that's not a good business model.