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16 July 2024 | 7 replies
Definitely gave me a game plan on how to move next!
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16 July 2024 | 4 replies
A lot of my wholesaler buddies are telling me it's common place to have to spend $50K+ on marketing to sustain the wholesale business right now.
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16 July 2024 | 1 reply
Planning the BRRRR it, should be able to rent it for $3,700 is my expectation.
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17 July 2024 | 15 replies
I would ONLY consider that though if they had a real plan in place to catch up and I would likely verify what they said. 2.
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17 July 2024 | 16 replies
This particularly holds true for Comtractors/ Sub Contractors who have notoriously bad business acumen.
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15 July 2024 | 4 replies
My dad worked as a contractor for over 30 years and now I am looking to start a family business (he is retired).
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16 July 2024 | 41 replies
You do not need to have a license to manage an apartment community.Property management can then be broken down into "annual" property management (normally a unit without furniture), a seasonal rental management (such as 2 weeks to several months up to 6 months) and then vacation rentals (sometimes for the weekend, a week, etc..).Each state has its different rules and licensing for each area of property management (annual, seasonal and vacation) as well as the different areas of management (association, apartment and property).I hope that helps.My understanding is that if you are an EMPLOYEE of the property owner you do not need to have a license; if you provide property management services as your management co owned business or as an independent contractor, then you do need a license.
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16 July 2024 | 15 replies
Zillow says it may go for $289k +/-My current tenants are using it for business and pay $2,250 a month.
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12 July 2024 | 18 replies
PLUS expenses (maintenance = 10%, repairs = 10%, management = 12%), PLUS the business loan = around $393.
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15 July 2024 | 17 replies
Go to some REIA meetings, get some business cards and recommendations, and really put some time and effort into getting set up?