Gagandeep Singh
Is there any market that still meets the 1% rule?
8 October 2024 | 36 replies
Right now any market where 1% rule is met the properties most likely would be in C and below neighborhoods.If you are a long distance investor (like me) I would recommend staying in B class areas where tenant quality would be little better, you might have to sacrifice cash flow a little but you have better shot at appreciation.
Eric Nielsen
Short Term Rental Beginner
2 October 2024 | 7 replies
Hey @Eric NielsenSomething I would recommend for you is this website. https://www.areavibes.com/Use this rating and classification system I have created over time to get an idea of the "Class" for the area - A class B class & so onHere is my rating & classification for each livability score. 80 and above A+78/79 A76/77 A-74/75 B+72/73 B70/71 B-68/69 C+66/67 C64/65 C-60/63 D59 and below F
Angel Dejesus
Real estate License
2 October 2024 | 4 replies
Now I'm looking to take the test again and I'm looking at the license ID that has an expiration date of 8/1/2022 and my question is do i need to take the 40-hour classes or can I retake the test.
Jason Xenakis
How do you effectively choose a real estate agent: The Real, Real Estate Agents?
3 October 2024 | 46 replies
These are clues that the area is Class C or gentrifying area, which can either go well or terribly wrong for you as an investor.
Seth Botner
Deed Restrictiom - No landlord & tenant relationship
1 October 2024 | 1 reply
For example, if a state enacts a law that prohibits individuals from having boats on their property, the state would then enforce that restriction.If the restrictive covenant governs an entire condominium building or a subdivision, they are enforceable by one or all of the property owners in that community.
Sanjeev Advani
Top 5 Tips for Choosing the Right Property Management Company
3 October 2024 | 1 reply
Opt for a property management company with deep regional expertise to get the most out of your investment.Property Expertise: Look for a firm that has experience managing properties similar to yours and is familiar with your asset class’s specific challenges.Company Culture: Choose a firm with a customer-focused culture that values team management and service, as this directly affects property performance.Market Reputation: Speak with local brokers and visit managed properties to get a sense of the company’s track record.By focusing on these factors, you can find a property management company that aligns with your goals and delivers real value.
Josh Carpenter
Bottle of Wine for a Welcome Gift
2 October 2024 | 28 replies
Just think about it.People have an accident on a rented boat and blame you because you provided the booze they drank.Now that would most likely be a scam of course but it could work.
Jacob Swihart
Seeking Advice on Leasing Our Home and Moving to a Mobile Home
4 October 2024 | 10 replies
Couple things I wish someone told me when I rented out my primary in Katy:- your taxes will go up dramatically over time - cash flow is inconsistent- while Katy is a fantastic rental market it's still competitiveTo answer your questions: - yes, the homestead exemption will increase your taxes at a faster rate but you can protest them either yourself (I don't recommend as I've tried and it was a pain) or with a professional service- To start, you're either going to pay for books, classes, etc. or pay the school of hard knocks.
Jose Quinones
What’s your process to bring in new tenant?
2 October 2024 | 11 replies
Hi Jose.My properties are currently with PM's, but all of our properties are D class so I might be able to provide some insight.With D class, a lot of people don't have credit or even bank accounts, and anything on-line that they can't easily do on their phone isn't going to work.
Sargent Franks
Does anyone know these guys?
4 October 2024 | 6 replies
I am hopeful in some of the classes that I am taking right now.