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6 December 2024 | 2 replies
UPDATE:Yes, we are moving forward and the numbers on the purchase price, and terms of the deal, stay relatively the same (in the big picture).We opted to pay the agent out of our pockets.
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9 December 2024 | 5 replies
What service or value are we providing that it covers?
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10 December 2024 | 7 replies
Mainly I’m trying to avoid “aged poorly design” glassblock walls, small bedrooms, older windows (wood/aluminum, single pane), aluminum patio covers, and to a lesser extent landscaping.
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7 December 2024 | 8 replies
If you do, figure how many of these things you’d really fix, what that would cost, and how much of that you’re willing to cover.
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12 December 2024 | 17 replies
Possibly as an incentive you cover anything over a certain amount to give peace of mind to the renters.
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9 December 2024 | 9 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
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4 December 2024 | 30 replies
Can it consolidate all the properties into 1 report to see the overall picture?
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2 December 2024 | 10 replies
I simply take a picture, text it to the tenant and they add the payment to their next month’s rent payment.
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2 December 2024 | 7 replies
I also make it clear we will record inspections with pictures or video.I don't address hoarding specifically.
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10 December 2024 | 16 replies
I feel there is potential for it to be a good MTR if I advertise and take pictures properly.