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27 January 2025 | 1 reply
Hi everyone,Last week, I was pulling rent comps to prepare renewal offers using my typical process: starting on Ręntometēr or Rēntcast for a rough idea of recently removed comps, then manually researching on platforms like Zillow, Apartments.com, and Facebook Marketplace.
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5 February 2025 | 4 replies
Seems less risky to wait until you are able to remove them.
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30 January 2025 | 0 replies
Off-Market: I was working for a storage facility and the owner needed help removing his stuff because he was moving How did you finance this deal?
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17 February 2025 | 10 replies
If you ask the manager to justify a fee and he starts hemming and hawing, move on or require them to remove the fee.
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5 February 2025 | 5 replies
@Heather Luu first, make it more efficient by only worrying about deadbolts.There is actually very LITTLE additional protection a lock handset offers in addition to a deadbolt.On the properties we manage, we remove all keyed doorknobs and just use passage locks.
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5 February 2025 | 4 replies
A few other things I'm considering;- I don't need the extra cash flow to live and am just approaching it to remove the high mortgage interest, but also hedge risk that the current stocks might tank in a few years.- Could take all current cash flow and a few thousand a year to pay off the property in 5-10 years.- Hold for a bit and 1031 into something else but am fairly confident there is not much appreciation to come on this property.
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9 February 2025 | 33 replies
I want to put slightly better everything into my remodels than a "good" remodel Not a monster leap, just a hair better on the appliances, fixtures and flooring.
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5 February 2025 | 8 replies
So it could take a decade to get to todays market rent. 2) it’s almost impossible if not impossible to non-renew a tenant, especially if you’re not an owner occupant. 3) As a seller, even if I could remove paying tenants I never would without a non-refundable payment from a potential buyer that covers all vacancies for 6 months if they fail to complete the purchase. 4) You MIGHT say as a buyer that’s worth it.
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7 February 2025 | 6 replies
Consider cleaning, lawn care, snow removal and supplies as well as utilities in your calculations.
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16 February 2025 | 7 replies
Property Taxes Will Likely Increase After You Move Out•If you have a homestead exemption, it will be removed when you convert the home into a rental.