Jonathan Li
I'm at 11 units, now what? Thoughts welcomed on what to do NEXT
5 November 2018 | 38 replies
@Jonathan LiThis is a great question.I'm a new REI and current contractor that works for numerous Larger multi family property owners (7 to 35 units) myself and so I was actually hoping to see someone else already have responded so I could actually gain something from it besides my thoughts and what experience watching clients gain wealth from tells me.Since that is not the case...Heres a newbie thought.Go with your gut or heart or mind...whatever is saying larger multi unit properties.
Angela Holmes
Newbie with funds but no rental experience.
4 December 2018 | 81 replies
Of course you could buy 1-2 units and have them paid off, or you could use the $200,000 as a down payment on numerous properties, provide small upgrades to increase the value of the property and cash out refinance to repeat the method.
Scott Schaecher
Just Jump: A story on our 'first' deal in St Louis
6 July 2021 | 28 replies
What was supposed to be a 5 week project was not only not finished after 6 months, but the quality of work was so poor that we are now having to go back and re-do many, many things.We found plumbing in walls that had not been soldered.We found a bathtub that had not been installed with any support framing.We found electrical running to nowhere, and full circuits non functional.We found incorrect grout used in bathrooms that was already cracking.We found sewer PVC fittings in walls not glued.We found shower valves installed too far back in walls and then tiled over so the hardware could not actually reach the valves, requiring us to rip into walls to re-do plumbing.We found they absolutely destroyed the wood floors.We found brand new bathtubs had been scratched, chipped, and gouged because they were not protected and people had been standing in/on them and dropping tools in/on them.We found exterior walls without insulation.We found numerous doors hung crooked or even hinge bound so they didn't swing smoothly.We found ceiling electrical just boarded over and hidden.We found double tapped circuit breakers.We found vinyl flooring laid right over screws sticking out of the old floor, so the vinyl plank flooring had bumps in it clear as day.
Salma Valimohamed
Tenant Screening Services in Ontario, Canada
1 May 2017 | 9 replies
for my tenants in Ontario I've used RentCheck.ca numerous times in the past.
Scott Trench
Renting to a Company with a Halfway House Program?
9 April 2023 | 10 replies
@Matthew Paul Yeah - it looks like there are NUMEROUS challenges with it.
Account Closed
What can the financial statement tell you
11 December 2010 | 9 replies
Financials are a numerical summary of the story of the business and it is good to understand the big picture story.
Dean Miller
Looking for Investor Friendly Bank in Atlanta Georgia
6 May 2017 | 7 replies
I've used Starkey Mortgage on numerous refinances, including cash out.
Josh Straka
Bartender Problems... Looking for Lending Advice!
6 September 2017 | 18 replies
I have asked around to numerous banks in my local area and everything reverts back to the income dilemma.
Grant Smith
Northern California Rental Properties
26 September 2017 | 12 replies
There are numerous lists of where the economy is growing, and where employers are moving.
Joshua Goston
Rental Property Investment Strategy
19 March 2018 | 2 replies
It is important to note that the PPU formula doesn’t take into account non-numerical factors.