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10 September 2024 | 5 replies
Berkshire Guard was the most competitive for 5+ unit properties in my state (Ohio) until they weren't and now just sent out letters to all their clients saying they are no longer offering coverage here at all - 100% non-renewal of the book of business.
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10 September 2024 | 6 replies
I was going to draft up one contract with each LLC as a separate "Owner" with the authorized representative for all, the actual owner, to sign the one contract for all legal entities, but they didn't like this and want to keep all documents separate.I gave them a VERY competitive price quote based on the total portfolio as 1 account with the total number of units.
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11 September 2024 | 69 replies
The other frustrating piece to that pie is that folks assume because properties are going for cheap in an area that contractor rehab work is going to be 'discounted' as well, and it is NOT discounted, it's the same going rate, if not MORE in less expensive neighborhoods because it is MORE COMPETITIVE in those areas for licensed contractors.
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13 September 2024 | 23 replies
We bought our townhouse (overpaid due to competition in the context of super low interest rates, and no rehab needed) in Sunnyvale in 2021.
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11 September 2024 | 13 replies
If they are not good tenants, the lease does not get renewed.When we determine the general direction for the year we look at:- inflation (US)- hourly wage growth (US)- market rent growth (in my case Milwaukee)We also monitor the market and our competition, we get feedback with every turnover and see what fair market value is.
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10 September 2024 | 0 replies
These strategies faced little competition and made us stronger in acquisitions, allowing us to commit to sellers and contracts with more certainty than ever before.
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10 September 2024 | 28 replies
IRS liens, municipal liens, utility liens also transfer to the high bidder.I'd contact the owner and see if a pre-auction deal can be struck, which would eliminate the auction competition.
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10 September 2024 | 3 replies
You are about to enter a strategy, in a market, that is extremely competitive?
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9 September 2024 | 9 replies
In terms of the loan(s), I currently have a steady and competitive W2 job and very low DTI, however I’ll ensure to verify the rules and regulations for rental income when shopping lenders, so I don’t hit a roadblock when buying the next rental.
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9 September 2024 | 1 reply
In addition to Spirit Halloween, major retailers like Walmart, Target, Amazon, Home Depot, and Lowe’s are all competing for a share of the $12 billion Halloween market.With Home Depot’s viral 12-foot skeleton selling out and Big Lots purchasing overstock Halloween supplies, Party City faces fierce competition.