28 October 2023 | 15 replies
You won't like this but from the description I think its all on you.
10 January 2023 | 36 replies
If it's A or B class in an A or B neighborhood, then I'd likely assume those tenants were a fluke...but, if it's C class or lower, it might be a sign that this property, and this neighborhood, attract some pretty shady characters (and that's a problem that I don't want to deal with for any amount of money). ...based on your description, it sounds like it's C class or lower...Regardless of what you decide to do, there's probably a LOT you can learn from this situation, so it's worth taking the time to figure out what lessons can be learned (probably lessons about location & property selection, tenant screening, PM management, etc.)
4 October 2023 | 14 replies
Make sure your pricing is adjusted, increase discounts for weekly and monthly stays, get listed on as many platforms as possible, and use the time to optimize the listing (ex. adding amenities, pro photos, revamping the descriptions, etc).
28 October 2023 | 18 replies
Has anyone met a GC who will share a work breakdown structure, to get accurate pricing?
11 December 2021 | 7 replies
It is a grey area, but you have not stated that the tenant is concerned with stalking/harassing, so I can only assume that the owners behavior has not crossed into that territory (although the tenants description may be borderline harassment).
29 October 2023 | 1 reply
Is this a good deal (no pics of property, no income projections, no description if they are managing it)...Being thorough in real estate is critical, if you are not able to do research and be more definitive you will just be lost because of all the good and bad advice on BP.Some of these questions are like saying "I want a spouse".
1 November 2023 | 12 replies
She then communicated that she will be unable to make her rent payment as she is waiting for state funded assistance due to an inability to work.I will mention we have a very detailed move in report with descriptions of the flooring condition (new) as well as photos.
1 November 2023 | 7 replies
Have a great description of the property.
20 October 2023 | 5 replies
I have always had in mind a house hack with an FHA loan by moving my primary residency to the new property and turning my existing one into an investment property, but then I have also learned about "Underwriting Description" where loan officers will flag my move from a SFH to a multifamily.
2 November 2023 | 10 replies
I have referrals in the San Diego area if you're willing to work remotely.Also - this is unrelated to your question, but your description of your situation made me think about it - since you have young children, you'll also want to be sure that you have a proper estate plan in place, too.