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4 March 2024 | 1 reply
Hey guys, I know most of the time it’s important to buy in a landlord friendly state so this way you’re protected in case of an eviction & it’s in favor for you, the investor.My whole strategy has been to have tenants that have vouchers to section 8 bc of payments being guaranteed depending if tenant needs a lot of assistance.My only issue is that I am in a tenant friendly state here in NJ.
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4 March 2024 | 2 replies
I would appreciate any advice or strategies that would make sense in the beginning and give me the initial "push".
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4 March 2024 | 8 replies
In the book I'm reading mentioned that same strategy if the numbers doesn't.
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4 March 2024 | 4 replies
I believe it is a great strategy for those who are looking to get into real estate investing using a home they already possess.
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4 March 2024 | 15 replies
Here are some of the key things to keep in mind when choosing an asset protection strategy for your rental properties:Your risk tolerance: If you are not very worried about being sued, you may not need the best level of protection.
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4 March 2024 | 13 replies
how does it fit in your investing strategy, short-term and long-term?
1 March 2024 | 2 replies
Hi Lauri, have a look at this site:Â https://www.redfin.com/news/data-center/
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3 March 2024 | 42 replies
From the 20 or so credit unions in Baton Rouge it looks like most of them advertise 75K limits but I’ll draft up a presentation to just present data.
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4 March 2024 | 2 replies
Wholesaling can be an alternative strategy in the real estate market, but its success varies based on Richmond's specific conditions.
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3 March 2024 | 2 replies
These numbers should be determined using a combination of the historical financial data available, feedback from your property management company, your business plan, and the property characteristics.Generally, you can expect per unit numbers like this:Repairs & Maintenance: $200 – $500 per unitAdministrative: $150 – $350 per unitUnit Turnover: $200 – $300 per unitContract Services: $200 – $500 per unitUtilities: $800 – $1,200 per unitAdvertising $100 – $300 per unitPayroll $1,000 – $1,600 per unit (very market specific)Insurance: (very market specific)RE Taxes: (very county specific)Again, these are very general per unit numbers but they should help provide you with guidance.Â