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9 August 2024 | 8 replies
The other very old school option is to just knock on doors, my first apartment appraisal thats how I collected rental data on competing complexes.
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11 August 2024 | 7 replies
Personally not a fan of out of state BRRRR.I think it's a recipe for disaster and having been in the game for 10+ years, I've seen the disaster first hand as I bought hundreds of deals from disgruntled out of state investors who thought they can do it themselves.My property management company has doubled in 12 months also due to out of state investors getting caught with a poor property manager when trying to do it themselves from afar so they come to us for help 🤷♂️I'm seeing many investors buying D class crap on the MLS for too much and that needs work.They end up being into the property for 30% more than they would be that if they just bought turnkey.A true turnkey provider will find the cheapest/best deals through a variety of acquisition methods, renovate well and sell for fair market value (And manage in-house).If things go South, they are solely to blame and the penny drops with them.But with DIY, who is to blame?
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12 August 2024 | 3 replies
I used him for my 1031 last year.
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12 August 2024 | 10 replies
After two years, I identified a new set of problems, researched software, and determined Propertyware was the best fit for my needs.
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12 August 2024 | 3 replies
Well, I can't say specifically for RR, but I changed my Austin condo unit to str a couple of years ago.
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12 August 2024 | 1 reply
STR with PM is not generating significant higher return (this year 2 STRs are behind if they were LTRs but we had a poor off season).- Self managing STR can increase the return compared to LTR if you do a good job.
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11 August 2024 | 0 replies
There was a comp that was just a little better in condition that was a $650k sale within 1 year.
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11 August 2024 | 4 replies
The land is on a 20-year lease.Being in WA state, options are limited in my area and homes prices are somewhat out of reach.
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11 August 2024 | 7 replies
Hello,I purchased a 5Br/4.5BA townhome in the Windsor at Westside community in Kissimmee, FL last year.
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11 August 2024 | 20 replies
I also lived in downtown Watertown over 20 years ago.