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28 October 2024 | 13 replies
btw - I’ve saved some of these recommendations and am actively looking in Indianapolis.
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28 October 2024 | 14 replies
I’m active in Huntsville as an investor and turnkey property manager.
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28 October 2024 | 23 replies
For example, we have a multifamily deal in the boroughs where the contract rider specifically states if the owner cannot deliver the property by X date, the purchaser can back out with their deposit.If you have some flexibility on the contract, you could continue shopping active deals as backups.
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27 October 2024 | 3 replies
The only problem was doing nonproductive activities.
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29 October 2024 | 11 replies
I don't use the rent zestimate for the property itself, I look at neighboring properties that are actively for rent.
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29 October 2024 | 24 replies
The renovation budget can be artificially inflated so you can have a "cash pillow" for maintenance or anything else really.The conventional loan for purchase and rehab is the most commonly used by investorsIf you have a company it is also possible to apply for loans but it is necessary to have at least 6 months of activity.
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29 October 2024 | 131 replies
(Run the numbers for them) If they're in an active bankruptcy that's also a factor.
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27 October 2024 | 3 replies
Do I need to provide a notice to Tenants that I will be on the property doing maintenance if I do not need to enter any active tenants unit?
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29 October 2024 | 10 replies
If you see somone with a high level of recent misdemeanor criminal activity their chances of getting a felony is high.
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26 October 2024 | 11 replies
@Adam Peralto More & more owners are posting here on BP about their rentals sitting vacant too long.Which means owners aren't paying attention to the rental market - which is slowing, causing Days On Market (DOM) to increase:(Take a look at the graph below from ShowMojo, comparing average DOM for 2018-2024.DOM are now about 40% longer than they were 2 years ago.Many owners also don't seem to be aware of real estate market fundamentals, such as seasonal effects:1) After September, when kids go back to school, there's a noticeable dip in activity in both the sales & rentals.2) After Halloween, there's another noticeable dip.