23 March 2024 | 4 replies
They are in the business of Airbnb leverage.
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24 March 2024 | 8 replies
Which in turn will bring plenty of other investors and general business to the market.
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24 March 2024 | 4 replies
I understand that I would need to find an operator willing to do business with me; I'm simply asking if it makes sense, and if it would be a scalable option to start my first handful of units.
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24 March 2024 | 11 replies
@Andrew Stouse Started out close to 30 years ago at age 21 with some shady business partners on two owner financed apartment buildings.
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24 March 2024 | 19 replies
It did take a while forget enough properties for it to make sense and to WANT to have a separate tax return for the real estate business, but the structure sure gives a lot of flexibility and protection.
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23 March 2024 | 12 replies
Hi everyone,So here is the deal.Started a PM company 10+ years ago as a subsidiary of our turnkey company (IMO it's a tough gig selling turnkey if you don't also manage in-house)Hated the PM business for a good 5 years or so.Then one day I woke up and smelt the roses and realized that PM is not so bad after all.That of-course came at a time when things actually started to work and we actually started to "work" the systems just as they should be worked lolWe have reached a point now where it's a pretty well oiled machine other than the minor $#@% that we fix on a daily basis.The business motto is systemize, optimize and monetize which is a work in progress but chugging along.I'm confident that with the operation as it is today we are at a point where we can start to significantly scale.Organic leads are flowing in nicely and we grow at between 10-15 units per month or so.My questions are:1) How do we potentially find other "mom and pop" shops what want out of the business and we purchase to take over?
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22 March 2024 | 11 replies
However, it is crucial to conduct a thorough analysis of all expenses, including property management fees, repairs, and vacancies, to ensure the investment aligns with financial goals and risk tolerance.
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24 March 2024 | 10 replies
Luckily my husband has his own contracting business so he does all the labor for free but that’s not the point!
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23 March 2024 | 15 replies
If you are in business only hire the best.
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21 March 2024 | 8 replies
Conduct detailed market research to identify neighborhoods with strong rental demand and potential for income growth.