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23 November 2024 | 3 replies
I would advise to buy all of them because it will make it alot easier for you to put capex money into exteriors, landscaping, fixing parking lot , fencing , lighting , etc because sometimes the hoa might not be collaborative in my experience.
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22 November 2024 | 12 replies
I'm not keen on fix and flip.
25 November 2024 | 14 replies
I also value cash flow with intent to fund a fix and flip as my first primary residence in the next 5 years.I have been analyzing local deals using the BP calculators, all of which leading to me thinking there is not a current future for me in my local market haha!
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22 November 2024 | 12 replies
For instance, if the neighboring unit has a shut-in chain-smoker, or the house has railroad tracks behind it, it is definitely better to let a lead know and lose them than to not disclose, upset them and lose them (after they leave a nasty review).I'd agree with Jonathan that even late complaints need to be taken seriously, and barring some obvious malfeasance, I would just take the word of the resident and fix the issue.
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25 November 2024 | 19 replies
Hopefully, you've approved a bid they submitted, so the cost is fixed - unless they can document the need for acceptable change orders.If they are charging hourly, then, yes, they may be able to charge you more the longer it takes.Keep in mind, your PMC is unlikely to have an exterminator and other licensed contractors on staff.
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25 November 2024 | 10 replies
This way you can fix up your primary residence to build equity and also add a cash flowing rental.
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20 November 2024 | 4 replies
I take that a step further by looking up property records before I call to make sure the name matches.
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19 November 2024 | 6 replies
You can secure additional funding through pairing it as matching funds.
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22 November 2024 | 8 replies
(All from the DFW area)Attached is an expense chart for a house purchased at $250k with a $360k ARV, refinanced with a 6.65%, 20yr fixed rate.
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21 November 2024 | 21 replies
If it’s over $250 they should call you for approval otherwise just fix it.