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14 May 2024 | 15 replies
When you can sell a 43608 and buy 75% of a 43612 with 75% of the income but enjoy a higher class of residents with double the rental demand it's a solid strategy.I wouldn't say 43608 (or 43605 / 43609 and a few others) doesn't make money...it's that your portfolio of ten properties runs about a 40% chance of any property being rented for 8 months, requires an eviction and full rehab (the bane of realized income).
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12 May 2024 | 5 replies
If you have people in Florida that you trust with your money and have proven themselves to you, that's what matters most.
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13 May 2024 | 13 replies
Keeping a tenant that long usually results in losing a lot of money and dealing with difficult situations that you wouldn't have with newer renters.Stop talking to them in person.
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9 May 2024 | 6 replies
I would just hire a quality general contractor, for example we have weekly updates via company cam photo and video documentation.
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11 May 2024 | 4 replies
It's great to have you here.Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/m...Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/a...Read Beginner’s Guide: http://www.biggerpockets.com/r...Check out BP Money Podcast: https://www.biggerpockets.com/..Wishing you the best
12 May 2024 | 2 replies
If it's the latter, you're really, really effective at telling people what they want to hear to move money from their pockets to yours.
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11 May 2024 | 15 replies
On day one they just chanted about how much money you can make and had hard money lenders pitching loans to us.
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8 May 2024 | 6 replies
I know we've all heard about wholesaling and how it can make you money and help get things started when you have little to no capital, so ideally I would like to learn to wholesale to start out then flipping and buy and hold etc.
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9 May 2024 | 2 replies
If you’ve got a spot for me on your team, or time for me on your calendar, I’d love to video call or meet up.
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11 May 2024 | 4 replies
And planning to take rent via cashier check/money order.