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6 August 2019 | 41 replies
If you spent time in social groups where investors had 1MM in resources to allocate, I'm pretty sure you would find a lot less SFR talk.
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28 July 2019 | 19 replies
You can also buy lists from companies like list source and there are some REI software companies that have a cash buyer search feature.Best way to find motivated sellers is to purchase lists and compile lists from city and county for 60-90-120 days late on mortgage, pre-foreclosure, delinquent taxes, water cutoff, code violation, probate, divorce, high equity, etc. and mail or cold call.Other methods are driving for dollars, door knocking, wholesalers, craigslist, Realtors, FSBO sites, expired listings, foreclosure sites, put out bandit signs, billboards, newspapers, other offline publications.You can use pay per click/adwords, facebook, Linkedin, Youtube, and other forms of online and social media marketing.Once you have a large enough budget you can do TV and radio as well.You could letter up or wrap your vehicle.
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8 September 2019 | 18 replies
In some cases the reasoning makes sense to me, as a property owner myself: it's not a smart business practice to rent to a tenant who is only in the country under a short-term status, who does not have proof of sufficient employment, who does not have a guarantor (we'd often just call them a co-signer in the US), and with whom the landlord cannot communicate (if the tenant doesn't speak good Japanese).
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26 July 2019 | 2 replies
This also will give you multiple streams of income to diversify so you have real estate and the stock market, and potentially social security if its still around and you have a regular w2 job.
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25 July 2019 | 3 replies
You can do it via social media blogs, videos or in person by presenting at REI events or hosting your own.
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24 July 2019 | 2 replies
I think a good property manager is proactive, communicating with the owner before they ask for a status report.
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20 March 2021 | 3 replies
You need passive income to offset passive loss, Generally(unless you meet above mentioned 25k exception or you meet RE pro status requirement - see below).
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25 July 2019 | 7 replies
With my structure I have almost eliminated my turnover by using some social engineering to find a tenant that is a long term tenant and not someone looking to move To the next place that is cheaper than my place.
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25 July 2019 | 1 reply
To give a breakdown about my current status see below:-I’m 25 with a fiancé and 1 yr old -Credit Score is 637-First time home owner (6 months in)-Loan Balance is 199,740 @ 5.5% Interest (1550 monthly payment) (FHA Loan)-Appraised Value is 235,000-Currently household income is clearing only $626 a month after bills & living expense.
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26 July 2019 | 4 replies
Try to get yourself noticed on all social media places and know how to use them.