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16 December 2024 | 7 replies
finding land that relatives bought years ago.. inherited owners just dont know what it is or have even seen it.. dont want to pay tax.. and will sell for quick cash at signficant discount to market.. buy and then market and resell..
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11 December 2024 | 6 replies
Basically when we click on a specific property, all the details we get in the page.- Get a list of active properties in a zipcode with filters (number of bedrooms, bathrooms, price etc)
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11 December 2024 | 34 replies
TBH this seems like a valuable product and the google reviews and FB page is telling of this however the price point is quite steep at almost 10k this product has to work!!!!
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10 December 2024 | 3 replies
Pro:- it’s trained to look for safety risks, expensive repairs- within minutes analyzes entire disclosure packet of hundreds of pages- works as another set of eyes that looks for things you should be watching out for, likewise of a companion - great to quickly learn of property conditions from the actual documents while on the go (given that you still follow your own due diligence process)- beta is freeCons:- still in beta- can’t share report directly unless copy and paste- only core documents (home inspection, pest, roof, tds, hazard, solar) are supported but not regional specific disclosures like hoa- estimates it provides aren’t accurate- not mobile friendly
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17 December 2024 | 22 replies
The reports are 40-90 pages long and go through the entire house in great detail.Get an appraisal.
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12 December 2024 | 2 replies
After that you'll want to see what sub-market/zip code might make sense given the relative rent/price ratios.
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13 December 2024 | 7 replies
Protecting yourself from any future issues will require a good understanding of the situation your house is in when you buy it.Tl;dr: crime here is relatively low, declining population numbers don't take students into account, properties are cheap, rents are high BUT be careful where you buy.This concludes my TED Talk, ha!
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13 December 2024 | 5 replies
We use DealCheck to underwrite deals and QuickBooks Online for everything related to accounting and numbers.Classes allow for separate P&Ls for each property.
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11 December 2024 | 6 replies
There is no given answer here, because the whole property needs to be relatively consistent.Kitchens and baths are the common answer, but if they are passable and you choose to invest in them anyways at the expense of peeling paint (or off putting exterior color) and overgrown landscaping, the appraiser and tenant will be walking up with a bad taste in their mouth, thereby not valuing the interior work you have done.But think about the general flow of someone looking to rent: more bedrooms will typically dictate more rent.