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1 April 2024 | 12 replies
Other considerations things to look at include; are any utilities common (like paying for a boiler for all 4 units instead of individual furnaces), how does access/common areas work, do the tenants all have access to laundry, are there any common area utilities (light common area lights, electric or gas for laundry) that would stay in the owner name.
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1 April 2024 | 2 replies
Purchase price: $135,000 Cash invested: $15,000 Found a great starter home for sale that needed light cosmetic work.
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1 April 2024 | 7 replies
In Fall 2022 I bought a 3/2 (half of a duplex) in a neighborhood that’s in the early stages of up and coming, my thought was to get a rental to break even or lightly cash flow and appreciate over time as the neighborhood improved.
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1 April 2024 | 11 replies
I feel more inclined to just make sure the property has good lighting, solid doors and I will have security gates on all first floor doors and windows.
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1 April 2024 | 3 replies
I also really like the 28212 zip code for more of a long-term play on appreciation, with the proposed light rail line hopefully coming in the next 10 or so years.
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31 March 2024 | 29 replies
If someone charges 10% management fee but then nickel and dimes you for every light bulb they change that actually ends up being more expensive than if you pay 20%.A side note here...
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31 March 2024 | 2 replies
We know that the term "Buy Box" refers to an investors standard that could give him/her the green light on buying a specific property they might be looking at, if it passes that standard.I believe that I'm lacking in the correct nomenclature and can't find the correct terms to describe this idea or concept that I'm trying to convey.
30 March 2024 | 0 replies
And do you BRRRR section 8 properties or just look for light rehabs?
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31 March 2024 | 7 replies
If it's an influencer using an iPhone, have a wide lens attachment ready for them and a lighting kit waiting in the manager's closet.
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2 April 2024 | 45 replies
Plus another $3000 for security lighting, cameras, barred doors, etc..Crime stats are three times higher than Houston, you need to add security to have a good tenant and not have car windows smashed in.