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15 July 2021 | 13 replies
It's not required to have a buyer's agent but it won't cost you anything extra and will save you a lot of time and headache, starting with the ins and outs of making an offer.
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13 July 2021 | 0 replies
not a house inspection or anything, just a person with their cell phone given your specific instructions, for example, during rehab project:drive up to the driveway, take pictures of the front and sides to see the lawn worksee signs that the building materials are properly disposed of, record a videosee signs the contractors are workingor prior to purchase of a property:take a 360-degree video of the propertygo to the property at 9 am, 3 pm, or 9 pm to see the neighborhood situationI've seen horror stories where the contractors have not worked on the project for weeks without the owner knowing, or real estate agents not telling the whole story about the neighborhood, I wonder if this gut check service is something you would use?
15 July 2021 | 7 replies
If it's less than that, and only an issue with the kitchen, then you wind up with extra padding in your numbers that works in your favor.
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14 July 2021 | 17 replies
I have extra money saved in case if for some reason the property becomes vacant.
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14 July 2021 | 4 replies
Some say that the benefits of this is that it gives you an extra layer of protection, anonymity (if you have the holding LLC in a state like Delaware) and additional ease in transferring money between the LLCs.
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15 July 2021 | 2 replies
My thought is that since I am already wanting to learn the in’s and outs of property management and really involving myself in real life experience, perhaps if I offered to take care of the whole property for him in terms of dealing with the downstairs tenants, scheduling repairs/maintenance, and keeping up the properties landscaping so that the investor can remain more hands off he might be willing to give us a break on the rent so that we can save even just a little bit extra each month.
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15 July 2021 | 6 replies
It may sound nice to pay a 5% management fee but the extra fees can add up to be more than the other company that charges 10% with no add-on fees.
14 July 2021 | 3 replies
Anyone know where I could get the extra 20k-30K ?
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15 July 2021 | 7 replies
I will be using the extra equity to add value to the park with more pads and electric hookups.
14 July 2021 | 2 replies
It’s going to be very hard to find a good contractor who will actually build on time and on budget for any new build now and many don’t want to jump through extra draw hoops such as VA.Not trying to discourage you because anything is possible, but it may serve you well to learn the ropes first on an existing building…