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3 June 2024 | 7 replies
https://www.biggerpockets.com/business/finder/property-manag...
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4 June 2024 | 4 replies
If you're not walking away, you're not in the business.
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4 June 2024 | 8 replies
You rarely get phone calls from your tenants and they are business owners vs. folks with kids, pets, showers and toilets.
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3 June 2024 | 3 replies
https://www.biggerpockets.com/business/finder/property-manag...
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3 June 2024 | 0 replies
New investors look for guidance only to find constant ads for courses, coaching, and get-rich-quick strategies.Look at those where you want to be and before you ask them to be your mentor study them, learn from them, and read books about business owners.
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4 June 2024 | 9 replies
Wanted to connect with others doing business in the area to keep up-to-date on the market, as I'm from out-of-state.
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3 June 2024 | 4 replies
First, build the actual business in theory with a brand.Second, go to every real estate investor meetup in the area and see if this is something that people would pay for and if so, how much.
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3 June 2024 | 3 replies
BUT... this also means you need to put a plan together to keep 4-6 full time guys busy.
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3 June 2024 | 5 replies
I think there are two ways to “scale” your real estate business or investments.
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2 June 2024 | 3 replies
@Jim Doyle- thanks 1) consider increasing the purchase price by the amount of the elec and roof work that needs to be done and then assist seller with getting the work scheduled and completed ( as this will be required to be donw before closing ) ..this way the seller is technically paying for the repairs and they wont lose any proceeds ....they will pay a little extra wa state sale excise tax but that wont amount to too much 2) consider putting less down and using some of your funds to pay for the repairs ( or part of the repairs ) 3) consider using a rehab loan 4) consider keeping the price where it is and asking for the sellers to complete repairs ( this likely wont happen) 5) get roofer and contractor estimates and get them lined up to do the work asap as it might takes weeks to get this scheduled / done 6) ask seller for extension on closing date if the work will take longer than 10 days ,,,Good luck