Tod DuBois
Typical Occupancy Rate - and how to calculate?
24 January 2025 | 4 replies
Our Newport condo has consistently been rated highly, and we have been using the same cleaning crew since XXXX because they have consistently done a great job.
Adebola Adetunji
12 years Mortgage left on a deceased Property-I intend buying!
12 January 2025 | 2 replies
I walked to the house and met a man who says he was cleaning out due to the loss of their mother in some few weeks back.The guy told me she is left with 12 years mortgage on the property to pay the bank.
Todd M.
Inheriting tenants and no move-in inspection
26 January 2025 | 5 replies
You can point out spots like nail holes where they hung pictures, dirty spots in the apartment needing cleaning, blown outlets they are overusing, etc.
Paul Lucenti
Strategic ways to scale
23 January 2025 | 8 replies
.- It costs me me less to turn over my 1500 SF units that rent for $3k/m then it does the same size section 8 unit because the property is cared for better and experiences less wear and tear while fixed costs like cleaning and painting are easier to absorb.
Frank Hotard
First Home Issues and Strategy
10 January 2025 | 4 replies
I'd personally say pulling your water heater out and replacing with a wall mount on demand one, would be worth the cost to have in unit washer dryer if you are staying there or renting it, it would be worth it.its always worth doing the big stuff well and correct even if you are cleaning up after someone, the long term hold always prevails, its just a little frustrating front sometimes, but hang in there!
Jadan Williams
Need advice on what to do with Up to 200K
30 January 2025 | 19 replies
Staying flexible and partnering with a skilled property manager or agent would be key to achieving long-term success.Good luck!
Lorraine Hadden
Sellers/Agent Placed the EMD in an Interpleader Account w/the CA Courts
24 January 2025 | 3 replies
We made an offer on a home that was to be an investment property. After the home inspection, we opted to cancel escrow and requested our EMD back. The seller's refused and placed the funds in the hands of the court in...
Jeffrey Farkas
2nd lien foreclosure
17 January 2025 | 5 replies
Leaving out auction and foreclosure costs for a second, when you write that check for $220k the trustee is going to pay BigBadBank the $175k they are owed first, then he's going to pay LittleBadBank the remaining $45k, and you will get a clean title as the process is going to wipe the slate clean.
Joseph Beilke
Costa Rica Info
11 January 2025 | 11 replies
Generally local agents have one purpose, to sell.
Matthew C.
Advice on multifamily vacancy
13 January 2025 | 11 replies
Spending on expensive upgrades is not the answer to improve your tenant base in this type of area.Keep the homes habitable, clean, and safe.