15 December 2022 | 10 replies
Through careful planning and implementation you can find options that are both cost effective and efficient.The list below reveals several marketing ideas that will help you generate reliable real estate deals:Direct MailFacebookOther Real Estate ProfessionalsDriving For DollarsCraigslistTown HallBandit SignsReal Estate WebsitesNewspaper AdsCheck The MLSUse The RadioAll the best!
1 December 2022 | 13 replies
The most effective ways to prepare for unforeseen (and seen) expenses:-Work with an investor-friendly agent that doesn't have "commission breath" and will push you to buy any property regardless of condition.
9 January 2023 | 14 replies
Qualifying on your own and moving properties into an LLC will have the same lending effect as if you just kept them in your personal name.
14 November 2022 | 74 replies
The pricing is the easier of the two to fix and will have positive effect on algorithm placement as long as you also keep review average up.
2 December 2022 | 10 replies
Please guide me towards an easy, effective system I can implement as I build my portfolio.
2 December 2022 | 12 replies
An LLC is likely a good tool, but how effective it is and how to use it depends on you.
19 November 2022 | 19 replies
You effectively hire an asset manager and they manage the property for you - the only thing you do after the wire is receive reports and distributions (hopefully!).
15 November 2022 | 2 replies
There are some tools online that you can use to help "manage" you property, this is effective and cost efficient for portfolios less than 5 units.
2 January 2023 | 11 replies
This will effect their debt ratios etc.
22 December 2022 | 24 replies
These factors help create a ceiling effect--where, no matter how much the house is worth, there's a limit on how much you can charge in rent.And, as you mentioned--if leverage is involved, the debt service of a more expensive property often overshadows how much you can charge in rent.These factors contribute to rent not increasing proportionately with the price of the house (and there are probably other factors too, that I'm just not thinking of at the moment...haven't had my coffee yet).Having said that, there are some extremely niche markets with rental properties that cater to multi millionaires, and which are extremely expensive (certain areas of LA, for instance...probably the French Riviera --where there are probably lots of transient tenants worth tens or hundreds of millions)...but, those types of markets are obviously the exception to the rule...Good luck out there!