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5 November 2024 | 8 replies
If you decide on installing cameras then just like at your home it is a matter of brand preference and styles, etc.
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4 November 2024 | 8 replies
who can you recommend as a flooring installer?
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9 November 2024 | 17 replies
Like you said, put the proper protections in place but know that you can still lose your money - unless you are in first position.
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5 November 2024 | 3 replies
I recommended he talk to his parents about buying the house in an installment sale and using seller financing with them.
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6 November 2024 | 7 replies
@Tyler Condon, it isn't proper but people do make side deals where the parties exchange money separate of the closing but at the closing table.
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6 November 2024 | 6 replies
The other thing I often see is that over time, different homeowners/contractors have decided to DYI adjustments to their home aka took out walls, didn't shore things up properly, put in new doors, etc.My point is that what you are seeing is not abnormal for older homes.
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6 November 2024 | 1 reply
., smoke detectors, proper handrails).
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7 November 2024 | 12 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
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1 November 2024 | 3 replies
You are NOT responsible for tenant mistakes, neglect, or abuse.If the tenant installed the washing machine, they are responsible for paying for any damages caused by improper installation. 1.
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5 November 2024 | 22 replies
For clients who look at doing laminate, it almost never makes sense since the labor costs they are quoted to install end up eating up the savings.