I can’t stress it enough, “YOUR NETWORK IS YOUR NET WORTH”
Chris and I met on Instagram. (not the first time I have said that lately!) We then met in person at a real estate meetup in Rochester that I was speaking at. Today I was able to learn all about Chris’s operation and visit one of his flips.
I love meeting other real estate investors, talking real estate and swapping knowledge! One of my business partners came with me and I wish I would have brought my newest one too! Thanks @_christopherlawrence for having us out 😊
New job opportunity for an Experienced Property Manager – BA544
Please see the following link for more information - https://andersonrecruitment.co.uk/job/details/33e5c5d5-ae4b-4fc1-8647-442ec5e3eff6 …
If you are interested or know of anyone who would be, please email - [email protected]
Fully Furnished 3D Floor created by KCL-Solutions are an amazing marketing aid for helping prospect residents visualize their new home. These Top-Down 3D Floor Plans help prospect tenants get an idea of how they will utilize living units..
Choosing the right property manager for your building can feel pretty daunting! Don't let that intimidate you...Read our guide to learn the right strategist to pick the right property manager for your building! https://buff.ly/2C5Uplw #iccpropertymanagement#propertymanager
Fully Furnished 3D Floor created by KCL-Solutions are an amazing marketing aid for helping prospect residents visualize their new home. These Side-Profile 3D Floor Plans support views from across rooms.
It’s all about the money
What value does a property manager bring to the table? This is a common question with owners. What many people do not realize is that in the long term you will actually make money because of the increased care of the property. A good property manager will ensure better quality tenants which means less damage and repairs to the property which results in money in your pocket. Repainting an entire house or replacing flooring can be expensive which may be required if the tenant is hard on the property, however a good property manager will try to minimize this risk by allowing only the best tenants to rent the property.
I'm gonna call it now and I hope I'm wrong just like I've wished I was wrong about one other business I was involved in potentially going away 7 years before it ever did. And I'm gonna catch some hate for this I know it...and I'm not here to argue with you, rather just to document my point.
This single family home, "BRRRRRRRRRRR" method is going to devastate some people. And I'd rather get wealthy for sure.
Buying single family homes, upgrading them and ripping out max leverage upon forcing appreciation to then buy the next house etc sounds like a house of cards to me waiting to tumble down.
1) look at how many foreclosures happened to single family homes vs multifamily over 16 units in 2007/2008. Your Jaw will drop!
2) refinancing max proceeds immediately upon FORCED appreciation is silly. Some of that IS NOT REAL in the short/mid term..aka when theres a small correction.
3) There is no actual building scales of economy in one location to solidify a business. This could lead to financing issues later if there is trouble. (Many small loans that are less secure vs less larger loans lines actually more secure for lenders)..some of you with 30 or more houses already might run into this problem, getting mortgages on single families - I know some of you! The banks dont look at it as a real business. If you dont known what I'm talking about yet then you dont have enough single families to qualify.
4) Building on top of point #3 - no scale. When it gets harder to run a real estate business (as I've read about in the decades before us newbies) you'll want scale at one location to HELP your operations...you can stay more lean without sacrificing the asset.
Just my two cents. I hope I'm wrong but this will also mark me calling it before this happens.
If I was you all I'd be "BRSGWF" (Buy, remodel, sell, get wealthy forsure)...aka sell to unlock that equity and take that equity and put it into large multifam while you continue to buy, rehab, sell...to then get wealthy forsure. 🤷♂️
Offrire una location e perchè no, Una passeggiata al sole caldo di Roma, in questo Febbraio cosi sereno.. Momenti della giornata in cui riesci a non pensare assolutamente a niente. Staccare dalla realtà e mettersi in cammino, Vivere un momento, qui e ora, senza
riflettere su ciò che è passato e senza ossessionarsi all’idea della prossima meta da visitare.
Sono le uniche cose da fare! momenti in cui sembra di vivere davvero. Vivere Roma in pieno .
Vivere per sentire tutto, più amplificato.
Per voi un Anticipo della Suite Elegance Home Colosseum.
Choosing the right property manager for your building can feel pretty daunting! Don't let that intimidate you...Read our guide to learn the right strategist to pick the right property manager for your building! https://buff.ly/2C5Uplw #iccpropertymanagement#propertymanager pic.twitter.com/d7tgknfknl
FOR RENT $1200/month:
4 New Hope St
Greenville, SC 29611
Great 3 Bedroom 2 Bathroom Home Near Downtown Greenville and the ongoing Judson Mill renovation project! Home features a great covered front porch, a back patio area, and a huge fenced-in yard! As you enter the home there is a small foyer area with a coat closet. Past the entrance is a nice dining area and the kitchen. Kitchen comes with a Refrigerator and Stove and has plenty of cabinetry.The living room is spacious and has nice laminate flooring through the dining, living, and kitchen. Carpet in bedrooms. Bedrooms are spacious and have good closet space.
Property Information Here: https://bit.ly/2Tam9NR
View additional listings here: http://alphapropertysc.com
24 minutes ago
Belaire Property Management LLC residents can get $100 dollars for referring a friend, family member, co-worker to rent one of our available units! Check out our web site for details!
#belaire #belaireproperty #belairepropertymanagement #propertymanagement #propertymanager #belairewebsite #biggerpockets #biggerpocketspodcast #apartmentsforrent #rentals #condomanagement #condomanager #condomanagers
45 minutes ago
Fresh, newly remodeled 3 bed/2 bath in Southside! $1,495/month
☑️stainless steel appliances
☑️private back area
☑️within walking distance to shops and the nightlife of Southside!
Come check out this rare opportunity and see if it’s perfect for you!
Water damage often doesn’t appear “that bad” to the naked eye. But if there’s something #WRG knows after nearly 15 years of #damagerestoration experience is: the longer things stay wet, the more likely you’ll have permanent damage. Delay can also lead to #mold problems inside walls, which can cost thousands to eradicate and poses serious health threats.
Don’t risk it! Call an expert you can trust: 1-844-DRY-WATER.
#Water #Mold#Asbestos#Fire / #Smoke#WeHaveYourBack
🏘 This is the first property I ever purchased - it was a triplex located in a small town I was very familiar with. I bought it when I was 21 using private money financing and believed, at the time, I was getting a great deal on the property. I paid $195k for the building and believed it was worth $250k without any significant improvements. When I refinanced out of private money, it appraised at $248k, validating my original assumptions. However, when I went to sell it, I ran into a number of issues that caused the sales price to be less than my projected value:
When I bought the property, I used a PML (therefore there were no appraisals involved on the buy-side). Upon listing the property, I found that a property with a septic tank that is not up to code (or too small) essentially kills any residential financing (and most commercial financing). My buyer pool was cut significantly as a result. There was also not enough room around the property to install a larger septic tank without doing significant tree work and asking for easements from other property owners!
The building was fully occupied at the time of sale:
While the property didn't qualify for VA/FHA anyways as a result of the septic issue, it didn't help the building was occupied with tenants on annual leases. While the rents were at market, some buyers were interested simply to move family members in and needed a vacant unit.
Needless to say, I cut my buyer pool down significantly due to not understanding the FHA/VA/Conventional loan requirements. If I had known that the small septic would have forced this to be a cash/HML sale, I would have thought twice about buying it. With that being said, I sold it for more than I paid, collected cash flow for two years, and learned a lot - that's a win for me.
🙋♂️ Tag someone who should see this!
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पूर्वांचल की सबसे बड़ी व सुन्दर साइड (सोसाइटी) अब आपके शहर मुगलसराय मे कम रेट पर शुरू हो चुकी है।
👉जहा तुरंत रजिस्ट्री तुरंत कब्जा(possession) दिया जा रहा है।
👉बैंक फाइनेंस की सुविधा उपलब्ध है।
Location - अलीनगर मुगलसराय
Project Facilities - -
1--Main Road - 60 feet
2--Side Road - 40 feet
3--Street Light, Park, Sewer Drainage, Hospital, Jogging track, School, Playground, etc.
साइड विजिट के लिए Company से गाड़ी सेवा उपलब्ध है।
Note- यदि आप अपनी प्रापर्टी (land) सेल करना चाहते है तो हमे Call करे।
Call Now +919112527212
**WHAT WE DO (FOR YOU)** You’re a business owner or limited company director, and you will go through all the struggles that employed people face every single day when they want a mortgage – and more.
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