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21 December 2024 | 6 replies
Hi BP community,I’m relatively new to wholesaling and currently have two properties under contract with the owner.
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20 December 2024 | 3 replies
@Clare Pitcher we do 12+ month leases to avoid vacancies Nov-Feb.If we take over an occupied property, evict or have tenancy-abandon a property, we first let the owner know finding a tenant will take longer than "normal".This opens up owners to understanding they may need to:1) Offer 3D tour and floor plans to stand out2) Price more aggressively or be prepared for aggressive price reductions3) Offer MoveIn Specials:- NOTE: we do NOT recommend offering a month of free rent that can be used at MoveIn.
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20 December 2024 | 1 reply
The second part of it is paying the owner their equity.
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19 December 2024 | 4 replies
Quote from @Michael Smythe: Are you going to be managing your own or for other owners?
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12 December 2024 | 20 replies
Key: cleanliness, keeping food contained and not leaving pet food out, exclusion (blocking holes where rodents can enter), keeping vegetation away from the building.If it becomes a serious problem or infestation, then call in the pros.
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29 December 2024 | 30 replies
As @Patrick Drury mentioned- the West Side does not have any POS areas (besides Lakewood, but it's only needed for previously non-owner occupied/rental properties) Something else to consider in Cleveland proper is Lead Safe Testing ..
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25 December 2024 | 12 replies
Some owners like collecting late fees.
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31 December 2024 | 57 replies
You have given the tenant many of your rights as an owner BUT only for a specific time period whereas a deed transfers rights permanently.
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18 December 2024 | 9 replies
I've been managing for 15 years and have helped a couple owners change/expand their portfolio.
20 December 2024 | 2 replies
If so, you can't really pivot to short-term rentals there and have to capitalize on the inn vibe and in-house services.My major question is why is the current owner, who bought it after it sat vacant for twenty years, looking to sell you the problem they can't fix?