1 August 2022 | 81 replies
If this actually works, the value should be at least double the SFR value as a house.Rounded specifics:Mortgage was 125,000PITI is 700/moLT Rents would be 1200-1300/moLast month I booked 4000 with AirbnbAppraised value is 200k as SFR/HomeI haven't looked at appraisal value for a rental property vs Owner Occupied/Home in a LONG time, but I suspect with an average of 3000/mo in consistent rent, I would think the value of that as a business/investment should be over 400k (would love feedback on this point)Just some thoughts I had.
11 August 2018 | 38 replies
You also have to be very consistent and follow up!
22 February 2020 | 1 reply
Very seldom is there a magic wand to help expedite the process but consistent learning, getting engage in conversations with other investors and stepping out to get that first deal are some of the typical steps.
18 April 2021 | 43 replies
They just hosted a great tour of Memphis, Marco Santarelli from Norada was there, Aaron Chapman and many others, it was a great two days and they educated and feed us well. 33 Memphis properties were for sale, and investors including myself were scooping them up along the tour.
2 March 2016 | 13 replies
I want to do my best to be consistent and diligent in my efforts.
14 January 2021 | 64 replies
I usually start clients out in more established neighborhoods with consistent track records.
25 September 2018 | 20 replies
In my area, law schools and the attorney general's office consistently call and fine property managers for these violations.
25 July 2019 | 78 replies
And when I find assets on my portfolio that don’t conform to that standard,I offload them ruthlessly as I just did with these Cleveland buildings that prompted this post.Unfortunately, there are numerous folks on BP who post rabidly everyday as an online strategy to grow a struggling business.They comment on every thread and greet every new BP member.Nothing wrong with that:But if you peddle falsehoods in this age of information, know that you will eventually be caught out.And beware because what you posted in the forums in 2013 are still there and available with a simple search.You can’t go back and delete every comment you ever made.You had better be consistent with your fake news if that’s the game you play.But don't come on my thread and try to claim to be what you’re not.My threads tend to attract savvy experienced investors, not just the newbies you’ve been impressing with your lies for like forever on BP.
29 September 2019 | 8 replies
When time permits attend your local REIA’s and go consistently.
2 October 2019 | 49 replies
Hard money is great to start with because you can line it up pretty quick.The best thing to do is to ask local investors/flippers, who they've used consistently with good luck and why they like them.