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22 December 2024 | 9 replies
It will be a little trying for 6 units to use - they're slower because they do both washing & drying - but that would be way better than expecting tenants to drag wet laundry around.
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21 December 2024 | 10 replies
If there loan origination/underwriting process is robotic, expect a robotic loan administration process more times than not (which is generally a bad borrowing experience, particularly if there's adversity).
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2 January 2025 | 36 replies
@Denise Lang some copy & paste thoughts:TYPES OF RENTAL INVESTMENTSRecommend 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 property in Class D area to Class A standards, what quality of tenant will you get?
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22 December 2024 | 4 replies
I'd approach this expecting to get my rent on time, 62% of the time.
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21 December 2024 | 12 replies
Perhaps slightly higher from an alternative lender but definitely not from a credit union and expect much higher fees.
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25 December 2024 | 12 replies
You'll give him six months probation period but expect a notice to vacate if he's late again and offer a new lease if he fixes his ways.
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24 December 2024 | 9 replies
The design aspect is fun too—you can get really creative with how you furnish spaces depending on your tenants' preferences.That said, it’s definitely more on the lighthearted and quirky side, so don’t expect hardcore realism.
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21 December 2024 | 10 replies
These are rural counties so I was not expecting to get this back so quick.. my client e mailed me Tuesday we negotiated the deal ( bare land) I open escrow yesterday .
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27 December 2024 | 34 replies
- Trying to meet the unrealistic expectations of newbie investors is tough/impossible for even the best PMCs!
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21 December 2024 | 11 replies
If you are looking for property in San Diego that is going to have good initial cash flow, you are going to either have to identify an obscure value add or expect to spend a lot of time and effort to find good off market purchase (most off market offers are not great).