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6 December 2024 | 15 replies
Our tenants don’t expect them.
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12 December 2024 | 37 replies
You can still reasonably expect to find financing for those asset types.
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29 November 2024 | 8 replies
Quote from @Jim Reynante: After owning properties C/D neighborhoods with high crime statistics, I have experienced all of the things that go along with it: 1) High turnover rate; 2) Tenants that don't care for the property; 3) Little/No appreciation in home value; and 4) High Crime Rate (burglary, vandalism).I am pretty tired of fixing broken windows, fixing broken doors/locks, and painting over graffiti.
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5 December 2024 | 14 replies
I literally don't expect to speak to my tenants more than once a quarter.
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7 December 2024 | 9 replies
House hacking with two children can be tougher than expected because you will always need to take a larger or the largest unit which will reduce your cash flow on the property even more.
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7 December 2024 | 1 reply
Insurance would cover it, I would pay the deductible, and no assets would be lost.If you are in an area like San Diego where people are more likely to sue, a judge is more likely to find you guilty, and the payout is expected to be higher, you may consider an umbrella insurance policy.
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5 December 2024 | 25 replies
They were professional, transparent, and consistently met expectations.
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11 December 2024 | 101 replies
If things don’t go as expected, there is probably not as much you can do from the US.
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9 December 2024 | 9 replies
------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?