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14 April 2024 | 10 replies
I would do the usual things like attend a local REIA to network.
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15 April 2024 | 4 replies
Talk to the county taxing authority and a local real estate attorney/professional.
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15 April 2024 | 12 replies
or, you just use wholesalersFor analyzing deals and doing the rehabs, there are plenty of free resources, either on BP, or other people in your local REIA.
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14 April 2024 | 5 replies
A local RE professional should be able to provide this information to you as well.In New York, we deal with this scenario frequently and oftentimes it does not make sense to legalize ADUs because the permit process is extremely lengthy, the cost is high (sometimes $150-300K for 1 ADU unit), and the potential increase in property valuable is not worth the risk.If you already have an approved permit/plan and can get your renovation down to $80K, you may want to consider this project if the ARV is say north of $800K.** You should also look into any potential property tax increases associated with this change.
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14 April 2024 | 2 replies
Not a whole lot built in savings, but I do know a few potential partners that would want to go in with me and I'm good friends with a local GC.
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14 April 2024 | 5 replies
Do you plan on investing locally?
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14 April 2024 | 25 replies
Trail each purchase w a 10% downside stop loss limit order if you're not confident in the REIT, then continue your research on private real estate, and when you have the capital/team in place/knowledge of the local real estate market put it to work then, no rush.
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14 April 2024 | 2 replies
Your local apartment owner association is a great resource for best practices for management and screening tenants.
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14 April 2024 | 15 replies
My husband has been a realtor for over 30 years and we were always very active locally with investment properties.
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15 April 2024 | 14 replies
My local sherrif has a policy for vacant homes that you can register the address of a vacant home and give them permission to enter at any time with out a warrant.