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3 January 2025 | 8 replies
.- Tenant submitted a work order for low water pressure in 2 bathrooms- Tenant submitted a work order because the garage door doesn't close all the way and left a 2-3 inch gap at the bottom- Owner initially refused to address either work order- Owner demanding the tenants place furniture pads on each piece of furniture- Owner calling multiple times to speak through the work orders, asking when they've been scheduled, calling a couple days later requesting the invoices- Owner calling because they want to access their storage in the basement so they can remove several pieces of furniture being stored- Owner now emailing requesting multiple property inspections throughout the lease cycle- Owner questioning my experience and relative PM knowledge because I'm not following up with her in a timely manner (the following day after the work order)Keep in mind, this is 2 weeks after the tenants had moved in and the tenants are very happy in the home.This is something we see on a regular basis.
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3 January 2025 | 42 replies
Quote from @John Sayers: Quote from @Jay Hinrichs: I like this company.. among a few others in the syndication space..
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31 December 2024 | 1 reply
Whether you're interested in residential properties, commercial spaces, or real estate investment trusts (REITs), there are various strategies and approaches to consider.Real estate investing also involves understanding market trends, economic indicators, and demographic shifts.
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20 December 2024 | 2 replies
I also want to purchase and repurpose unused spaces around various metro areas myself someday and I figured what a great way learn by helping someone else succeed.
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30 December 2024 | 6 replies
Mixed-use properties that integrate residential units, co-working spaces, and retail areas with sustainable design elements are particularly appealing.
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10 January 2025 | 17 replies
As for why the US, simple - trust, market size, and access to information.
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5 January 2025 | 12 replies
In the current market, it's pretty much impossible to have any positive cash flow in the 2-4 unit space with long term rentals, unless you're putting ~40-50% down, not only focused on the cash flow per se, but rather simply not being in the negative.
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25 December 2024 | 10 replies
I don't know why you would think a tenant requesting notice before you accessed the property would be an "unreasonable demand".
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2 January 2025 | 7 replies
People seem more angry with Airbnb and VRBO but ultimately, guests still see more value in them than hotels so the question will be if new entrants (or existing platforms like BDC) will continue to invest in the STR space (e.g.
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8 January 2025 | 10 replies
When thinking about using a 401(k) loan for real estate, view it not just as an access point for funds, but as a strategic part of your overall financial plan.