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4 May 2020 | 3 replies
I consistently hear that the rich tax savvy individuals buy property and equipment in the businesses name.
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4 May 2020 | 2 replies
Another goal is not real estate related but it's to focus on communication skills at my job and personal life.
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11 May 2020 | 11 replies
The service would include helping a total newbie get the property live and then providing ongoing management (guest communication, cleaners, maintenance, etc).
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5 June 2021 | 62 replies
If you are considering going the turn key route, here are the things to look out for and avoid in a turn key company.Don't allow financing or a finance contingency (it can be a good indication they are selling above market value)Don't allow for your own independent property inspectionAre not realistic with their pro forma's (i.e. they don't include vacancy or maintenance projections or use unrealistically low vacancy factors)Require you to pay for any renovation upfrontSell only in cheap. low end neighborhoodsDon't accurately represent the neighborhood/property classificationDon't have consistent rehab standards for all propertiesDon't provide a scope of work for the propertyCan't provide references of repeat investorsRequire you to close before a tenant is in place
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16 December 2020 | 15 replies
We put down 20%, it needed a little bit of updating but nothing major and within a couple of years the prices in Malden had really gone up so it has been consistently profitable so we will hold onto it for a while.
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4 May 2020 | 0 replies
The company consists of my dad, my little brother who is super organized and runs the books for us, a rehab project manager, and myself as manager and head of acquisitions.
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5 May 2020 | 4 replies
The investor relations arm is the third piece of the puzzle, which is constantly raising capital and maintaining communications with investors.How to Get Started as a Full-Time Real Estate InvestorWhether you wish to transition from a W2 job to an active or a passive career path, the first step is education.
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13 May 2020 | 7 replies
Communication has been quick, friendly and professional.
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11 May 2020 | 17 replies
My take on the broader situation tends to fluctuate but I believe class C/D investing in Baltimore City if done in a targeted, professional, and consistent way is a giant economic opportunity.
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15 May 2020 | 36 replies
The consistency on the advice from you three is refreshing!