Hello everyone,I've got a 4 plex that we are about to close on October 1st and the rents are way under market rents. It's my goal to renovate each unit and get each one up to market rents as soon as possible.Currentl...
I'm currently in escrow on an under-performing self storage property in CA. I heard about using Cost Segregation when purchasing it to maximize on the tax benefits. I'm going to consult with my CPA, but just wondering...
Hi all,
In my quest to streamline efficiencies for rehabs I defaulted to my normal way of managing projects- namely using Microsoft Project or Excel. In thinking of all of the dependencies that go into a reh...
I just listed my first property two days ago. Within the first 24hrs we had more than 20 leads. Now, at the 48hr mark, we have well over 50! Am I required to follow up with every lead? We have tried calling each one a...
Hello !
So I have a question, I listening to Ken Mcelroy and he says: to get a value of a building, take the net operating and divide it with the going capitazilionation rate.
So, on one building here, I ...
I'm trying to learn everything I can before buying my first MHP. I'm reading everything I can get my hands on including books by Jamie Smith, Lonnie Scruggs, etc. For those of you who have traveled this path before...
Hi Bigger Pockets Community!I'm looking to start wholesaling properties and am currently working on my cash buyers list. I've been trying to reach out to rehabbers, put ads on craigslist, send out e-mails/business car...
After the Covid rent debacle involving CDC and the Supreme Court, here is the next shoe to drop: Federal Rent control. Some states are still holding landlords hostage, by not allowing rent enforcement, eg California. ...
Hi all! Back in here after meeting Mindy Jensen on a recent cruise ☺️My situation: bought my first home in Fredericksburg, VA in December 2019. Cash-out refinanced in November 2021 at 3.75%. I’ve lived in it solo the ...
Yes, I've decided I want to be a rock star, but I've lost my vocal range, much like starting out in RE without money. I can't read music either, much like not being able to read the MLS listings and read between t...