Joshua McGinnis
My first out-of-state turnkey was a bust (sort of)
22 July 2014 | 104 replies
I think the driver here is what did you pay for them and what did I pay for them....Did you buy your homes form some Marketing agent in LA who was fronting for turn key guys in the market or did you find your own deals.. there by creating better price points at the buy.. which lead to much better outcome over time.I just look at my own experince's being a HML and owner of these assets..
Brandon G.
How To Find People To Sell So Cheap?
17 July 2014 | 5 replies
There are people in every market who are willing to trade their equity for the speed and ease of the transaction.
Phil C.
Taking My First Step in Philadelphia - ADVICE WANTED!
10 August 2014 | 10 replies
Yes, you can get great returns with low income units but the trade-off is the time and aggravation that goes into them.
Kyle Betke
New investor from Darlington, Pennsylvania.
18 July 2014 | 0 replies
I love helping others as long as the favor is returned and I'm a big fan of trading work for work.Well I think that's enough about me.
Leigh C
What is fair compensation for a project manager.
4 December 2016 | 17 replies
I'm a PM by trade, and know their skillets and quality range greatly.
Nicholas Brandenburg
Is my first deal outline for my business plan and checklist suitable?
31 July 2014 | 5 replies
Place rental ads around the neighborhood and onlineFind renters while continuing collegeScreen renters and have them fill out deposit agreements, and other contractsMake renters pay the first of every month and make them pay for electricity.After college rent all units outRefinance after moving outEach 5 years try to refinanceMove on to other propertiesAfter 30 years start the selling processPlans for turning a profit on first dealHave 10% worth of reserve fundsBuy using an FHA 203b Loan with 3.5 % downRent other units not occupied by meRefinance whenever possible for positive outcomes of loan termsRefinance for cash out for other deals.Move out of unit and rent that after 4+ years of collegeMove on to other deals while this continues to thriveWait 10+ years until home is free and clear and appreciation is high unless the local area turns below my requirements before 10 + years and then sellSellIn summary of profit plans, the main way for my gains is through appreciation and cash flow and taking out equity if possible.Team ComponentsYour Mentor - Every successful entrepreneur needs a good mentor - a guide.
Manuel Sarabia
Looking to start my own property management company. Any books/memberships to join for landlords?
28 July 2014 | 6 replies
I've kept abreast of the industry mostly through trade magazines published by associations and attending association and industry seminars and round tables.
Angelo Mart
This looks like an awesome deal but formula says otherwise!
11 August 2014 | 11 replies
What happens if your buyer falls out? Come
Jessica H.
A flip we just S-O-L-D ~ pics and numbers
30 July 2014 | 25 replies
Put your heart, soul & energy into something and the outcome is always what it is meant to be.
Jimmy Day
Hold property or let it go?
29 July 2014 | 15 replies
I'd trade for a SFR in Smyrna, for example.