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13 June 2024 | 6 replies
My AC guy showed me years ago to check the date the AC was built on the metal tag with the specs.
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12 June 2024 | 13 replies
Hardware (ie cabinet knobs/pulls) if they are dated are easy to replace.
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12 June 2024 | 11 replies
Payout dates are not showing in the system.
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12 June 2024 | 18 replies
My properties are small multifamily and to-date they have generated between 50 and 60% internal rates of return for the past four years.
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11 June 2024 | 6 replies
Some other things may need to happen behind the scenes from there, especially if a sale date has already been set and that date is approaching soon.
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12 June 2024 | 10 replies
Just cancel those dates and let them get their own hotel.
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11 June 2024 | 6 replies
Set up automatic payments or reminders to ensure you never miss a due date.2.
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12 June 2024 | 8 replies
I have been offered an exclusive Deal by a local "friend"/ semi-mentor in my small town. 8 standard 2/1 apartments - Quad, duplex, duplex, 1970 Dated buildings, little neglected but liveableOwner finance: 20yr 6%rate with 20k down------------------------------------------------Total purchase 400KCurrent NOI: 41k Cap: 10 (Tax,Ins,Maint, Util)Gross rent 4500/mth-----------------------------------------------Upgrade, Est repairs: 60k After reno: NOI: 59K Gross rent: 6100------------------------------------------------Loan pmt: 2865/mth, 34k/yrCurrent Cash flow: 531/mth, 6,378/yrAfter reno Cash Flow: 2131/mth, 25,578/Yr-------------------------------------------------Added info- -Property line Joins with (growing) Community college-Tiny town-The Buildings are Currently "uglyish".- Current Rent is 150$- $200 behind market avg.I am very comfortable in single family homes in this town (own 18 SFH rented and performing well).
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12 June 2024 | 16 replies
I asked my attorney about a quiet title action, but he is concerned that the title couldn't be cleared because the previous owner has two full years from the date the county foreclosed to challenge the sale, and it's not possible to quiet the title until the two years have elapsed because they legally have that amount of time, ie. you can't bar their claim while time remains.
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10 June 2024 | 30 replies
It's something Jerry Norton released recently to the public to pull data.Did some quick data comparisons for fun between 2 other platforms I currently use - PropStream and MLS (I'm licensed in Florida)I specifically searched for a handful of On-Market properties (active/closed transactions) and noticed the following:- You can't search for specific properties on PropWire- PropWire data isn't up to date (30+ day discrepancy) compared to PropStream; neither is up to date compared to MLS (3rd party data providers hardly ever are)- PropWire estimated value vastly different from PropStream value (50k+ difference in most instances)- No property photos (yet)Initial thoughts: It's a brand new tool and can't imagine it was gonna be great out of the gate.