Hari Mann
Frustrated with time to order windows and doors in Tampa
29 December 2021 | 3 replies
My contractor and I have only found places that can deliver windows and doors 18 to 24 weeks out.
Kashyap Patel
Advice for a Real estate newbie
15 December 2021 | 8 replies
Some other info: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!)
Amir Ainsworth
HouseHack or Invest Out of State
21 December 2021 | 19 replies
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!)
Daniel Luedtke
Cash out refi after a purchase through 1031 exchange restrictions
16 December 2021 | 3 replies
@Daniel Luedtke, Next time use the right QI and I'll deliver cookies :)
Anibal Mijangos
What are the popular hobbies for real estate investors?
17 December 2021 | 2 replies
If I go to any restaurant and start talking Real Estate it instantly turns into this: https://www.youtube.com/watch?
Justin Williams
Hotel Journey: Part 0
27 December 2021 | 4 replies
Suddenly that $100k payroll expense is instantly reduced to under $50k, giving us a $150k/yr profit before loan payments, and that's before any improvements or overhauls in cleanliness, pest control and efficiency.THe hotel also has a detached owner's home (3/2 I think) with a fenced-in yard for my dogs.
Account Closed
buying a rental first or wait till i buy a primary ?
20 December 2021 | 23 replies
You need to find a property that 1) will be delivered fully vacant (ideal scenario) OR, 2) has existing rents within 80-85% of market rent.
JEssica Alveriz
Pre-approval letter held hostage by realtor???
19 December 2021 | 4 replies
The kid in the call center behind the online deal and shiny young face in the bank are the lowest paid beginners who can deliver a good rate but cannot answer complex situations.
Gulnoza Bobokalonova
Oakland tenant friendly laws and tenant occupied duplexes
28 December 2021 | 7 replies
Your best hope is to simply have the offer written that says the unit will be delivered vacant.
Alexis Fentress
The First Step Towards Financial Freedom
21 December 2021 | 0 replies
My mom found it while she was out delivering mail (she's a great bird dog). 3 bedroom single family residence with a carport and shed; older man was selling to live with his daughter.