
12 February 2025 | 3 replies
Or, they flip homes, they are agents, they offer client remodel work, etc, so not specifically flippers but dabble in a lot of real estate related areas.Or, the full timers that started as flippers have since moved into new construction work more than flipping.

21 February 2025 | 7 replies
.- Many of them have no clue of the actual condition of their properties and a decent percentage want to then sell.2) We have owners we terminate, that don't want to spend a penny maintaining their properties.

7 February 2025 | 0 replies
Their role is crucial in maintaining liquidity in the housing market, ensuring banks have enough capital to keep lending to homebuyers and investors.

3 February 2025 | 0 replies
The ground floor was redesigned for retail units, while the upper floors were converted into modern, open-concept office spaces.Modern Amenities: Introduced features like energy-efficient lighting, upgraded HVAC systems, and high-speed internet infrastructure.Aesthetic Upgrade: Refreshed the façade with contemporary materials while preserving historical elements to maintain its character.OutcomesIncreased Occupancy: The property went from 40% to 95% occupancy within six months of renovation.Higher Rental Rates: Upgraded spaces commanded rental rates 30% higher than before.Enhanced Property Value: The property's appraised value increased by 50% post-renovation.Investor's ROIBy investing in smart architectural design, the investor not only revitalized a neglected property but also significantly boosted their ROI through higher rental income and property appreciation.

15 February 2025 | 10 replies
I tried to research the best and most user-friendly PM site that did not charge a fee to maintain a property, being that it was my first one and I was self-managing and not using a PM.

6 February 2025 | 8 replies
A lot of lenders used to apply 35% for expenses, but in the last several years, the numbers for supplies, labor, utilities, taxes, etc… have increased significantly.Also take into account the age, occupancy and how has the property been maintained, this will affect the expenses too

7 February 2025 | 6 replies
You will need to make sure that are no gaps in windows, doors, etc and that the HVAC system is well maintained as a tenant could argue that lack of remediation is the culprit for a high utility bill.

31 January 2025 | 3 replies
So no Board, nothing to manage except State law...the organization docs for the HOA should have identified when the developer maintained control, the terms for it to be turned over and at turnover you would establish a legislative body which would be the Board...

4 February 2025 | 3 replies
We now know the answer is NO because RentRedit only reports on-time rent.

8 February 2025 | 10 replies
I wonder if you can require them to maintain an umbrella policy?