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7 December 2024 | 7 replies
Or because they don't want to be the bad guy.With closing on Dec 4th the issue is that your 28 day notice will be effective Dec 31st and your tenant has until Jan 31st to vacate.
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10 December 2024 | 7 replies
It sounds like you have a bad pm if they are ignoring when you are trying to contact them.
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10 December 2024 | 6 replies
I was also a Dave Ramsey guy at the time and thought debt was bad.
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4 December 2024 | 1 reply
Signs of this are poor lease quality, maybe M2M tenants, high expenses (unnecessary things like high trash bills, internet, cleaning, security).
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13 December 2024 | 32 replies
Best of luck in a bad situation.
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9 December 2024 | 11 replies
I find pricing tools lumping me in with all 2/2 regardless of quality of finishes and location (I’m beachfront others are not).
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4 December 2024 | 5 replies
Strong property management and careful tenant placement also play a critical role in success here, so I recommend partnering with a turnkey company or an agent who specializes in these areas to make the process smoother.As for rental demand, homes that sit for extended periods are often the result of issues like pricing, condition, or tenant quality—not necessarily a reflection of the market as a whole.
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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?
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27 November 2024 | 13 replies
These employers frequently attract new residents and create a steady influx of good quality renters and prospective tenants. 5) The Albuquerque metro area and Central New Mexico enjoy over 310 days of sunshine and a mild climate year-round.
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2 December 2024 | 10 replies
@Marc ShinLike @Andrew Steffens said, for big items, go with quality.