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23 December 2024 | 10 replies
However, financial freedom isn’t a one-time event; it’s about sustaining your desired lifestyle for the rest of your life.Once you have your goals, the next decision is where to invest.Investment Market/CityThe investment city determines all long-term income characteristics, including whether rents rise fast enough to outpace inflation and how long your income will last.Understanding inflation: It takes more dollars to buy the same goods every time you go to the store.
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28 December 2024 | 1 reply
Strategic management is the difference maker in this industry.
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26 December 2024 | 9 replies
I have had around 100 stays (~35 with the current cleaning company) and no complaints about cleanliness ever, but in the event that there is an issue in the future, I can see how having pictures to confirm or dispute the guests complaints could be of value.
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9 January 2025 | 116 replies
You can even work out a base 5% and they get additional bonuses for beating the planned vacancy rates to allow them to achieve 8% or 10% of gross rents which is industry standard.
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26 December 2024 | 2 replies
It offers a great opportunity to learn the ins and outs of the industry while building a network.
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6 January 2025 | 25 replies
This, in my opinion, will help minimize your liability, in the event the dogs cause harm before the tenant moves out.Then, you can negotiate a peaceful move-out with the tenant.
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26 December 2024 | 5 replies
I grew up in the real estate industry watching my father raise money with a PPM for large multifamily value add projects and a developments.
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29 December 2024 | 13 replies
I’d suggest checking out real estate networking events (local or online) like REIAs or BiggerPockets.
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26 December 2024 | 2 replies
We are currently preparing my real estate strategy, of course using the Bigger Pockets Strategy book, as a previous business owner in another industry, there’s a lot of good and refreshing information here in this Strategy book.
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29 December 2024 | 8 replies
I've been hearing a lot of people re-fi'ing 3 mos after purchase.....at Brew City REI Club's last event, a lender said he could re-fi off appraised the day after purchase but you'd have to show that you did repairs.