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24 January 2025 | 12 replies
@Walter PinedaEven if someone give you a referral, what meets their expectations, may not meet yours.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!
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23 January 2025 | 5 replies
The typical income from a free and clear rental would probably be $800-1500/month - and on a financed rental probably $300/month on a good day in today’s market.
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5 February 2025 | 17 replies
Seems like a big risk given our experience.
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31 January 2025 | 5 replies
I have experience with minor to medium size rehabs but nothing as extensive as needed here.
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6 February 2025 | 28 replies
Good luck to you, it was a nightmare that I will never forget- great learning experience for me though!
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9 February 2025 | 8 replies
Also make sure you get reviews that speak to the experience you’re trying to promote.
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7 January 2025 | 8 replies
You get to live in a property you own for free or almost free, while learning the ropes of being a landlord and you get very very favorable financing, where you don’t have to worry about finding private lenders or getting into any complicated or exotic investment strategies on your first deal.
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29 January 2025 | 6 replies
I'd love to connect further and hear more about your experiences!
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26 January 2025 | 2 replies
DIY A first-time DIYer can expect to spend several hours replacing a kitchen faucet.The time it takes depends on your experience and the faucet's complexity.You'll need tools like wrenches, a putty knife, and a small bucket.You'll also need materials like supply lines, silicone caulk, and plumbers tape.You may be tempted to be cheap and estimate only 30 minutes, but you should estimate an hour to be safe.What about the time to go to the property to figure out if a 2-hole or 3-hole faucet is needed, then drive to Home Depot to get it, drive back to install and then head either to the next job or back to the office?
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28 January 2025 | 6 replies
A renter for a stand alone rowhome is usually a different profile from a large apartment complex renter in my experience.