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19 September 2021 | 10 replies
I also get a ton of messages every day of people actually valuing this approach.I am not here to sell my products I am here to stir people in the right direction.Again, do a search for my name, and you will get a first class how to education on lead gen, where you can get my exact same results without you having to pay anyone a cent, me included.Water under the bridge, and if you need any help, you just contact me and I will prove to you I will help you out 100% free!
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17 September 2021 | 6 replies
I suspect we are going into high inflation environment with rising rates so it will likely go up over time.
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18 September 2021 | 4 replies
Most states have similar requirements to become a broker which starts with 3 years full time as a real estate agent before you can even take the brokers class.
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19 September 2021 | 13 replies
Retirement accounts were intended to help and incentivize middle class savings, not provide tax shelters for the uberwealthy.
18 September 2021 | 3 replies
@Shweta ShuklaThere are few good turnkey provider companies here, mostly just turnkey style deals you find using a good investor friendly realtor that are vetted by a property manager and contractor walk through.Your “turnkey” aspect really will come with finding a good property management company that meets your style and is an expert in your local market you want to invest.Columbus offers a lot of good hybrid appreciation/cash flow turnkey-like houses at the 1% rule in C class neighborhoods.
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19 September 2021 | 11 replies
This is a single family, B class home.
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21 September 2021 | 5 replies
Don't know anyone in that area, but many OOS investors set themselves up for failure because they don't truly take the time to understand:1) The Class of the NEIGHBORHOOD they are buying in - which is relative to the overall area.2) The Class of the PROPERTY they are buying - which is relative to the overall area.3) The Class of the TENANT POOL the Neighborhood & Property will attract - which is relative to the overall area.4) The Class of the CONTRACTORS that will work on their Property, given the Neighborhood location - which is relative to the overall area.5) The Class of the PROPERTY MANAGEMENT COMPANIES (PMC) that will manage their Property, given the Neighborhood location and the Tenants it will attract - which is relative to the overall area.6) That OOS property Class rankings are usually vastly different than the local market they live in.7) That a Class X NEIGHBORHOOD will have mostly Class X PROPERTIES, which will only attract Class X TENANTS, CONTRACTORS AND PMCs and deliver Class X RESULTS.8) Class A is relatively easy to manage, can even be DIY remote managed from another state.9) Class B usually also okay, but needs more attention from owner and/or PMC10) Class C can be relatively successful with a great PMC (do NOT hire the cheapest!)
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28 December 2021 | 22 replies
These were C class homes, in ok, but not great neighborhoods but by buying cheap, we netted about 50% of the rent as profit after all expenses, including a $100 maintenance reserve. 3 years later we are selling some of our properties for 2-2.5 times what we paid for them!!!
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28 September 2021 | 6 replies
Get comfortable in the environment first,...then get involved in it.
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4 October 2021 | 5 replies
The inflationary environment alone is a compelling reason to own or have ownership interests in real assets.