Rachel Leonard
Purchasing a house without an agent
16 September 2024 | 10 replies
I have a lender, I would work with the same law office as previously, I have an insurance agent, I would find a home inspector, I would coordinate with the lender on the assessment - I feel quite capable of managing all of that.
Marc Shin
Property management for STR in Indianapolis
16 September 2024 | 6 replies
Evolve Vacation Rental:Evolve is known for being hands-on with STRs, providing everything from marketing to booking management, guest communications, and cleaning coordination.
Saijal Sindwani
Dealing with a difficult tenant on a recently bought SFH
19 September 2024 | 14 replies
With regard to the contractor, you want to give proper notice for when the contractor will come to do work and that depends on your state's laws and also your lease.If you give proper notice and the tenant refuses entry, then I would talk to the tenant and explain to them that they are violating the lease and could be evicted if this continues.
Chue Lor
Raising Capital
21 September 2024 | 16 replies
I find that two of the biggest mistakes are in the manner in which you ask for the money (there is a good way and a not so good way) and not having enough knowledge on the subject and the proper info on the presentation of the deal itself.When I need to fund I deal, I am not asking for money, I am offering a legitimate and alternative opportunity for others to make money.
Pete Tarin
Class A, B, C or D neighborhood
23 September 2024 | 25 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.
Evelyn Randolph
How to cover roof repair before purchase
20 September 2024 | 7 replies
You’d still be using your funds, but by delaying ownership transfer, the expense would fall under your ownership period, making you eligible for depreciation.Discuss these options with your tax advisor to ensure everything is structured properly for IRS purposes.
Leo Cuomo
what to look for in a property manager
20 September 2024 | 8 replies
Take ownership of your mistake and learn to do the proper due diligence recommended above😊
Salvatore D'Agostino
Best Cost Seg Company?
21 September 2024 | 14 replies
Although the majority of Michael's superb content on Cost Seg focuses on how to properly assess the value of Cost Seg, he also does highlight some items regarding the internal workings of a Cost Seg study.
Craig McCarter
Tenant wants to terminate lease early, should I make them pay the entire penalty?
18 September 2024 | 5 replies
I'd see what they think as far as a possible moving schedule and coordinate a reasonable solution.
Elizabeth Rose
Philadelphia rowhome stucco water intrusion - possible negligence by city
20 September 2024 | 14 replies
The exposed walls certainly need to be properly insulated and sealed.