
22 August 2024 | 20 replies
They also do not have a proper screening process for tenants.

19 August 2024 | 13 replies
Without having the facts it sounds like there was not proper notice to the estate.

21 August 2024 | 7 replies
Rotting window frames, unsafe electrical issues, a tub and sink that didn’t drain properly, a promised dishwasher that turned out to be broken and unusable, a driveway with tons of pot holes so deep that they could have easily damaged cars, and much, much more.

19 August 2024 | 13 replies
Also if an LLC is not properly run it can be pierced as if yoy have no LLC.

20 August 2024 | 19 replies
If seller let roof warranty expire or not keep it up then typically try to get a credit from the seller at closing to cover future roof maintenance.Whether a roof needs lots of maintenance depends on if it was installed properly and how many trees are around it.

22 August 2024 | 29 replies
This could significantly increase competition.Technology RequirementKeeping vacancy costs low and high guest satisfaction high will depend upon the proper use of technology.

20 August 2024 | 5 replies
One of my current tenants in Denver lists the extra bedroom as an Airbnb arbitrage and I was totally okay with that, it's his residence and as long as rent is paid and he has the proper licensing/insurance then sure.

20 August 2024 | 11 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
20 August 2024 | 13 replies
Yes you can, If it wasnt done properly the first time, it maybe a good idea to have a different accountant take a look.

18 August 2024 | 2 replies
I believe I can demonstrate that the property was originally used as a two-unit dwelling, which could strengthen my case.I want to ensure this deal is still viable and that securing the proper permits is realistic, as my financial projections are based on this being a multifamily property.