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29 September 2020 | 10 replies
I do have someone that works in our office to help make sure our single water bill is split into the various properties it belongs to and stuff like that, but until I had about 500 or so units, I did all of it myself.I don't want to sound like a d**k, but when I see someone start with "I'm looking to build a team" that's a giant red flag and I can be pretty sure that person if very unlikely to buy.Focus on these three things only at this point:1) How do I get money for my down payment2) Who's going to lend me my ~75% once I have my down payment3) How to find the properties I want to buyThe rest is noise and really just done to make people think they're moving forward towards their goal when they're not
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1 October 2020 | 52 replies
B) stuff that previously languished for a while is also “pending” offers now including land.
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28 September 2020 | 2 replies
So I just recently purchased my first investment property, and during the process, the mortgage lender was trying to nudge me into getting the loan as a secondary residence (stuff like: "You'll get a lower rate, you can provide a lower down payment, you just need to stay there for 14(?)
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13 October 2020 | 52 replies
I've bought both places that need no work-well minor stuff that can be done in a day, and places that need a lot more work (1-3 months).
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30 September 2020 | 6 replies
I do wonder, like you, how many landlords have not served the notices...I self-manage so I'm on top of these things but i'm sure most just entrust this stuff to their prop mgrs.
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16 November 2020 | 9 replies
I arrived there Jan 2017.
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30 September 2020 | 3 replies
Rentometer is like ZIlliow in that it lumps stuff together and treats them all the same.With apartments.com, you can screen by ZIP (or other location), usually, you can get a picture so you can eyeball if its a match, the size of the complex, and some amenities.
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12 October 2020 | 9 replies
Inspector/contractor/property manager will be the team of experts you will rely on to make an informed final buying decision here. 10) RENOVATE - you must use an airtight process to manage your contractor to protect yourself and arrive at the desired outcome, on time, within budget.
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30 September 2020 | 2 replies
The things we put the most thought into were;1) How to arrive at a 'buy out price' ahead of time, meaning not to come up with it at the point someone wants out.
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29 September 2020 | 7 replies
tstorm that arrives is a chance to provide awesome service so good that it will turn a negative situation into something that your tenants can brag to their friends about.