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11 January 2025 | 9 replies
I am foreseeing a bit of a push back or even turned-off potentially decent tenants by the $50/pp screening fee, mostly for a family of 4 ($200 out of pocket).I was wondering if offering a credit of either 50% or the full 100% of the screening costs from the first or second month's rent is a good idea.Thought?
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7 January 2025 | 0 replies
My focus is on uncovering properties priced under $800K with the potential to gross six figures annually.
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19 January 2025 | 46 replies
Knowing that you're new in the forum and to avoid a potential reaction of the style "Who's this idiot who thinks he knows my country better than me?"
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23 January 2025 | 56 replies
Definitely not willing to put money into something like this and potentially worsen our situation.
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7 January 2025 | 20 replies
That being said, if it provides me a significant advantage or a starting point, I think it would be foolish not to utilize it.Therefore, given these two different perspectives/starting points, I'd love to hear any potential advice on which strategies/niches to focus on first, and for which starting point.
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17 January 2025 | 11 replies
@Shayan SameerThe non-paying tenant could impact your short-term cash flow, so consider the potential costs and timeline of eviction in your state.
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9 January 2025 | 10 replies
I decided to look into an official duplex or triplex putting 150K down that has value add with renovations and potential unit add but it wont have as much equity because it will be an on market deal.
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9 January 2025 | 2 replies
Of course when doing the 1031 exchange your basis will carry forward into your replacement property.Where you have a potential issue is establishing your intent to hold those properties but immediately selling one or more them as soon as you have them ready.
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22 January 2025 | 22 replies
It's a great property with tons of potential but it's missing the IT factor.
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6 January 2025 | 4 replies
This can range from minor exaggerations to outright lies about employment, income, rental history, or identity.Key Signs of Potential Fraud:Inconsistencies in Documentation: Discrepancies between the documents provided and the information filled out in the application form can be a red flag.