Amanda Skipper
First time out of state investor
23 November 2024 | 38 replies
Here's some other copy & paste advice you might find useful:---------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?
Alan Cassidy
Setting up Google Drive
15 November 2024 | 3 replies
Would be useful as a landlord when the tenant moves in/out to reference for damage.
Tom LaRocque
Higher deductible killed conventional and FHA - Now what?
16 November 2024 | 3 replies
I've been told the higher deductible also effectively killed FHA financing.
Gloria C.
Investment property burned down.....
15 November 2024 | 7 replies
For tax purposes, it's considered a reimbursement for property damage.
David Griffin
Section 8 tenant
16 November 2024 | 9 replies
Ask the judge what criteria you have not fulfilled and if all is satisfied ask on record to have the eviction executed immediately and perhaps throw in a comment about failure to act providing damages.
Wang Windy
Should I replace or repair the roofs after the hurricanes
13 November 2024 | 1 reply
As Hurricane Helena went by, both of the roofs got damaged.
Julie Muse
Rolling Prairie Renovation Success: Profitable Flip with Ron Rowan!
13 November 2024 | 0 replies
By negotiating effectively, we reached a deal that suited both parties, allowing us to focus on planned renovations that would significantly increase the property’s resale value.
Joe Steinheiser
Insurance for flips or renovation
15 November 2024 | 8 replies
For a flip, you'll want to get a builder's risk policy, which covers the property during renovations, including any damage from fire, vandalism, or weather while it's vacant.
Matthew M.
Any tips for water damaged homes?
6 November 2024 | 2 replies
This is my first extensively water damaged home that I may purchase.
Jim Bouchard
When does it become the tenant's responsibility to pay for repairs?
14 November 2024 | 7 replies
Unless it's obvious tenant damage you must fix things in the home.