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8 June 2024 | 37 replies
Definitely loving my Toledo market đź‘ŤJust trying to get a solid B class 6 unit across the line for $160,000.Occupied but needs around $50,000 or so in rehab.Optimized will rent for $4,500+ per month and ARV will be $350,000 - $400,000Haven't found a deal like this in ages but either way you look, the numbers in the market just make sense and even with the high interest rate environment.Much success to all
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7 June 2024 | 5 replies
A property profile has at least the following factors.Property type: Single-family, multi-family, condo, townhouse, etc.Configuration: One bedroom, three bedroom, one story, two-story, lot size, age range, garage size, etc.Location: Where the tenant segment is renting today.Rent range: How much is this segment willing and able to pay.Notice that I did not select any aspect of the property.
5 June 2024 | 5 replies
@Austin JamesUnderstand the area, the current tenant base,the median income, is it in a flood zone, the age of the asset, the condition of the plumbing, the electrical wiring, the fuseboxes, the age of the roofs, the age of the mechanicals, the condition of the foundation, the drainage of the property, does the property have a C of O, is there ny environmental concerns such as oil tanks being buried, the current property management company, what are the amenities.These are just a few things to look out for.
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5 June 2024 | 2 replies
Hey Rocco, I like that you have this mindset at such a young age.
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5 June 2024 | 9 replies
Goal is FI by around age 50. 2 boys (5yo and 7yo).Â
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5 June 2024 | 5 replies
Hey David, I would say this largely depends on how many units you have, the age of the building, and the quality of the building/neighborhood.Â
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4 June 2024 | 4 replies
., Inspect Mechanical items, Water Heater Age, Roof, and Appliances.Â
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4 June 2024 | 4 replies
In New York City, it’s the law to have window guards for an apartment if a child below the age of 10 is living there.Is taking out the window guard and screwing in the air conditioner in replacement of the window guards an option?
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5 June 2024 | 12 replies
In this day and age it is almost impossible to be invisible.