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14 March 2018 | 9 replies
Right now I self-manage 6 of my units and use property management for the others just because I’m stretched too thin w full time job and a family and i also do a flip or 2 per year.
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20 February 2018 | 5 replies
I know there are a lot of different marketing strategies out there for wholesaling but can ya'll share what has been the most effective/ has led to the highest percentage of lead generation for you?
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20 February 2018 | 55 replies
I self-manage all my properties (7) and have friendly relationships with all my tenants.
20 February 2018 | 19 replies
well first off this being a landlord site.. and a positive cash flow site generally speaking.. most will tell you are nuts to buy this.however if you can get the property to just about break even maybe lose 100 a month or so and you have a prime Socal asset that someone else is paying off your mortgage and you think rents can go up a little.and you can EAISLY self manage based on quality of the unit .. incredible tight rental market.. that mitigates a lot of land lord issues.I mean whats the alternative you go 1000 miles away to make 100 or 200 a month.. is that positive cash flow going to change your life..is 100 a month negative going to change your life.now this is an extreme.. but i owned a home in Palo Alto that i chose to sell back in 91 because it would have been 300 a month negative.. well that negative within 36 months would have been positive.. and i sold for 500k and today that home is worth 3 million.... and once it got positive it probably would have been positive up to 2 to 3k a month coming into the 2010's.... and someone else would have paid for my home.. plus grade A tenants at all times.. being prime Palo Alto.so thats one extreme.. its really only in low to no appreciating markets with tougher tenant bases that turn a bunch that positive cash flow becomes more acute or for those that want to one day live on their cash flow and be in the business of landlording.. thereby acquiring 50 to 100 doors.
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18 February 2018 | 5 replies
Every state is different as is every insurance company but being that you likely cannot 100% confirm that the loss occurred during the time the past owners policy was in effect you would be hard pressed to have such a claim covered.
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22 March 2018 | 11 replies
If you are running into such high number due yo wanted to have self contained units, maybe you should look into billing back your tenants for utilities.
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20 February 2018 | 15 replies
I invest in self storage due to the good returns and the nature of the business.Ultimately you may end up trying a few different avenues until you find the one that you like best!
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5 March 2018 | 8 replies
That cost isn't really what one should concern them self with when looking at starting one for the purpose of owning their rental properties tho.
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19 February 2018 | 1 reply
Greetings BP'ers,Can you name some of the most cost effective strategies you employ to ensure forced appreciation on your properties?