7 August 2020 | 5 replies
(Just bathroom area)Unknowns/concerns:• Sealing to prevent future leakage• Preventing future mold problems• Possible future electrical issues• Ensuring that it is okay to take out the current wall• PermittingAny and all advice would be greatly appreciated!
7 August 2020 | 1 reply
Then, once you have your systems down, you can take those and implement them in other markets.Hope this helps a bit and please feel free to message me anytime if you have other questions or just want to chat!
7 August 2020 | 14 replies
I do have a very specific screening process and tenant placement policies that I prefer to stick to and implement on my own.
6 August 2020 | 5 replies
Here's some stuff to start with in thinking about how to do it-https://www.biggerpockets.com/...The next thing would be to learn everything you can about the particular strategy you want to implement--how to actually profit, what are the risks, and what are the mitigations for those risks?
12 January 2021 | 27 replies
I just ask that next time if there is something preventing it, give me a chance to address it."
7 August 2020 | 4 replies
I would certainly recommend a seperate bank account for any charges and income for teh rental making it easier to track, especially come tax time, thus preventing comingling of funds.
11 August 2020 | 5 replies
Or I should be implementing plan A now.
6 August 2020 | 1 reply
If you buy it for 600k, and it’s worth 700k prior to you spending a dime, then you have 100k is inherited equity.Now, if repairs are needed, those that are necessary for safety come first (heat and AC would fall here), those that will prevent damage come next (roofs), those that deliver what any tenant would expect come next (appliances).
27 August 2020 | 3 replies
I will be implementing wholesaling techniques as to acquire a portfolio of cash-flowing properties.
7 August 2020 | 1 reply
Are these contracts just trying to prevent us from using other realtors?