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2 January 2025 | 32 replies
@Anade DavisFeel free to send me a direct message if you have any issues with our comps, or use the live chat on our website (blue button at the bottom right) to speak with our support team in real-time who would be happy to help you as well.
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26 December 2024 | 13 replies
As others have stated, your fit & finish goals should be guided by whether you plan to:1) Rent: tenants don't always take care of a property, so you want to use lower-grade materials and workmanship.2) Flip: higher quality on workmanship and materials is usually required.Regardless, you always want to "Maintain to the Neighborhood".
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27 December 2024 | 13 replies
You want not only qualified tenants (credit score, income, background checks, etc.) but quality tenants.
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27 December 2024 | 27 replies
One of the biggest challenges of investing in Rustbelt cities is knowing where to invest and properly understanding the cooresponding pros & cons.Here's copy & paste advice we share to help to address this challenge:-------------------------------------------------------------------------------------------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?
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4 January 2025 | 23 replies
After owning the property for 1 week and putting in a lot of sweat equity, I've concluded that I want to keep the Inherited tenants based on the condition of their living space and the quality of the people, Knowing I want to keep them to save myself the headache of a turnover and vacancy of a projected move out If I were to suddenly increase rents.
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25 December 2024 | 22 replies
If so, how do you trust you're getting a quality tenant that is safe?
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21 December 2024 | 8 replies
If you can create high quality real estate related content, you can attract a large audience and find motivated sellers in the process.
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27 December 2024 | 2 replies
You should speak with a CPA and a tax attorney to be safe.Regarding your thoughts about 1/3 equal splits - sounds good until you check out the cost of getting a DSR rehab loan or borrowing hard money.
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27 December 2024 | 8 replies
More freedom to tailor your investment to the guests' needs.More privacy for the guestsSecurity and keys can automatedMore rooms for more quality pictures!
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2 January 2025 | 53 replies
Alternatively you could sell at a loss and stop the bleeding so to speak.