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10 May 2024 | 1 reply
Changing cabinetry after it's installed is generally expensive and looks piecemeal.If you put a dishwasher where the oven is, you'd have to pay a plumber to run a line back over to the sink and it will cut through that corner cabinet Basically, if you're moving stuff around, it is a big deal.
9 May 2024 | 0 replies
New roof, solar, paint, lvp in the living room, granite countertops, cabinet handles, fixtures, carpet on stairs and upstairs, refurnished entire house.
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10 May 2024 | 5 replies
This sounds like the beginning of so many of the hundreds of foreclosure/short sale stories I've heard.
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9 May 2024 | 6 replies
I'd urge anyone who's going to buy a multi-hundred-thousand-dollar asset to throw down $100 (or whatever it costs) to get the full data.If I didn't already have a full AirDNA subscription, I'd be advising my Colorado STR clients to do so.
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10 May 2024 | 12 replies
don't say anything else after asking that question.Now if you are dealing with an agent - you are not going to have the opportunity to deal with the seller - so - you may want to just make an offer 25% below what ever it is list for.AUCTIONS: As for real estate auctions - I have been an auctioneer for many years selling hundreds of properties annually - I would like to say that we do not always satisfy the sellers reserve price (Oh - we only represent owners and investors - no foreclosures) but we don't always get the auction price up to the reserve - but the good news is that at the auction the owner becomes very motivated to accept a lower bid - thus a great equity profit is made ------ so do not discount auctions if you are looking for a great deal.Believe me I have seen so many properties sold at auction that have a ton of equity.Someone recently said "The best deals are MADE and FOUND"So ---- how do you MAKE a good deal from the many properties out there that do not look like a good deal?
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10 May 2024 | 14 replies
Hundreds of websites allow people to create fake paystubs, tax returns, W-2, bank account statements, and more.
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14 May 2024 | 125 replies
to me have enough cash to do these things without having to tap into equity.. snow ball your mortgages after keeping healthy reserves its not like making a few hundred bucks a month is going to change your living standards so dont take a dime out of the properties focus on one and pay it off..
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9 May 2024 | 1 reply
More specifically, analyzing hundreds of pages of text in disclosure packets including inspections and advisories to understand the risks when closing deals.
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10 May 2024 | 7 replies
Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.
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10 May 2024 | 15 replies
Over my 20+ years in the STR business, I have worked with hundreds of Canadians and it is a very easy transition.