31 August 2021 | 3 replies
To earn that hands-on learning offer to do some of the work that would be more tedious to that investor but can also help you learn in the process, such as drafting an offer letter, initial cleaning of the property, etc.When it comes time that you'll have the cash and debt (and credit rating) position for your own first investment, you'll also have a solid foundation of learning.
19 September 2021 | 14 replies
Triplexes are going to be harder to find but I’m of the mind that you should go as big and expensive as possible since debt is cheap and you are (assuming) a dual income high earning household.
2 September 2021 | 6 replies
It can also be instructive to look at per door prices to give you an idea of where you fall in the market, but the actual value is based on earnings.
2 September 2021 | 5 replies
The loan was fully assumable when I was ready to sell and I held an owner financed 2nd for part of my equity so I earned interest on it too.
17 September 2021 | 28 replies
I’ve become quite obsessed with the world of real estate investing and wish more women decide to jump in and earn their wings on the way down.
31 August 2021 | 0 replies
.- Reduced excessive operating expenses.- Streamlined and property management processes.- RUBS implementation.- Addressed deferred maintenance.- Implemented defined tenant selection criteria.
31 August 2021 | 0 replies
The rents were substantially below market and we identified significant arbitrage opportunity through select unit and common area upgrades, leading to rent increases and reduced operating expenses.
1 September 2021 | 2 replies
Putting appliances in once you get tenants to reduce the risk of them being stolen because during the rehab you have tons of activity going on.
1 September 2021 | 3 replies
Use other savings from overall cash flow and W2 income to "chunk" payments and reduce principal.
3 September 2021 | 13 replies
I would like for them to stay because they have been basically no hassle otherwise and this would reduce turnover costs.