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20 November 2024 | 19 replies
Right now, if it's just for income, you need to dig deeper and understand what you are getting yourself into for that income in terms of being a landlord and repairs.
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16 November 2024 | 3 replies
Make sure both properties have all the repairs and maintenance needed and no major cap ex is needed before you try to add one on double leverage.
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16 November 2024 | 12 replies
I'd plan to save any profits each month for future CapEx, repairs, vacancy until we had ~20K for this house set aside.
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19 November 2024 | 19 replies
Right now we only list on Furnished Finder, Airbnb, and VRBO and our 3 bedrooms are usually booked by local families doing renovations or repairs on their home and groups traveling together for work projects.
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17 November 2024 | 33 replies
It states there are no unresolved issues between landlord and tenant regarding repairs, Fair Housing issues, or anything else.
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17 November 2024 | 7 replies
Repairs vs. capital expenditures.- Find out how long the provider has been doing cost segregation studies and how many they have performed- Consider the resources available to the provider.
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19 November 2024 | 3 replies
.- You could also try selling to another naive investor, but you don't have the infrastructure to do so easily. 2) You'll need to evict the tenant if you haven't already.3) Have 2-3 agents tour the property and take videos of their recommendations of repairs.4) Review all of these to create consensus Scope Of Work (SOW). 5) Get 2-4 bids on the SOW6) Review bids to determine cost effectiveness of what to actually do.
15 November 2024 | 4 replies
My goal is to learn how to FIND the best deals particularly distressed apartment buildings that need repairs.
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16 November 2024 | 3 replies
No and you need to put this on hold and research the condo nuke that's about to hit Florida in the form of new legislation that no longer allows condo boards to defer necessary repairs.
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17 November 2024 | 6 replies
Especially if you anticipate making any repairs or value add pieces.