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14 March 2024 | 18 replies
These inspectors do not check for quality of work and they do not check if mechanical work is up to code.
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14 March 2024 | 13 replies
On top of mechanical systems, roofs, exterior repaints, etc.
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12 March 2024 | 3 replies
I was initially thinking to purchase it and use it as co-living space for workers at a nearby auto-manufacturing plant, but am considering what other uses would make sense.
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12 March 2024 | 6 replies
I am willing to learn as much as possible so please suggest materials and conferencesThank you Just a word of advice, if you ask for advice to be honest most people are gonna try to sell you on their market and ultimately their service or course, you need to figure generally the direction you want to go, your risk tolerance, the area, the trade offs between appreciation and cash flow, understand, it’s going to be hard to get much if any cash flow in this market, brrring & flipping are close to dead with the exception of a few areas in dc and a few rural markets, even there it’s difficult, come up With a basic plan than go into a conversation with whoever you work with and at least understand the right questions to ask, the best comparison I can make is my mom always makes me go to the mechanic with her, even though I can’t actually fix the car, I can at least talk the same language as the mechanic.
12 March 2024 | 4 replies
When I have stayed in AirBnB where they have me sign stuff usually it's auto messages that are sent out.
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12 March 2024 | 0 replies
We worked with a realtor that sent out auto-mailers from our local MLS.
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12 March 2024 | 12 replies
I made an auto-populating spreadsheet that I derived from the same four-square worksheet, and I'm happy to share it with the BiggerPockets community.
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12 March 2024 | 13 replies
These are the properties we see investors have the most success with (some quitting their day jobs from the cash flow).Purchase: $80k-$130kRent: $1200-$1500ROI: 10-14%Cash flow: $250-$350/doorAppreciation: Double digit (for past 10 years, will gladly send data)Location: C+, B- (suburbs and certain markets)We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare, Auto, mortgage, Amazon fulfillment, and more jobs.The bad reputation comes from OOS investors wanting $20k D market properties where the condition isn't what it appeared to be and/or the tenants never pay rent.
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11 March 2024 | 40 replies
If a property is in an LLC you are almost guaranteed to pull names and numbers of people not associated with the building at all, maybe even tenants, which will also auto-populate the owner names and change them at will with these incorrect contacts....can be a pain to undue.Overall in my opinion, can be great for individual skip tracing to reference other data, not so much for a large batch and sole reliance.
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11 March 2024 | 3 replies
I'm a landlord and I will have a new tenant since my old tenant don’t want to renew the lease, So with this new tenant I want to use the auto-pay debit from tenant's bank account and send it to my account, in order to avoid late payments and stress.