
29 May 2024 | 8 replies
Quote from @Rich Inman:I'n Texas we are essentially only a tax deed state.

30 May 2024 | 21 replies
Junky low-flow heads come in two types: the kind that are essentially a regular shower head with a restrictor somewhere in them, and the kind that spray out a high-velocity mist.

27 May 2024 | 3 replies
Normally, for condo associations, most of the building is deemed common elements.

5 June 2024 | 116 replies
🏠👍Alot of people would disagree with you, but I am in the minority and personally follow this philosophy with my residential rentals because it hardens them against a severe recession and the risk of losing the property if and when rents fall too low to support a mortgage.And my father in law is essentially retired and did so after paying off all his rental mortgages to own them free and clear.

29 May 2024 | 22 replies
They argue that their renovation is top notch, so the price is justified, which may or may not be true, but but generally the high quality of the renovation does not pay sufficient dividends in the form of increased rent, so the price to rent ratio just isn't there.They typically advertise a 9% to 13% cash on cash return, but be careful, this is their "first year projection" and in their first year they do some things that I find a it deceptive, such as not accounting for vacancy because they place a tenant prior to closing, and they budget essentially nothing for repairs or cap ex since it is renovated and they offer a warranty.

30 May 2024 | 38 replies
The prohibition against engaging in other forms of employment ( including being self employed in any capacity) stems from the fact that an H1B visa is issued at the urging of your employer. your employer essentially files a petition asking the government to allow them to employ you.

28 May 2024 | 12 replies
Priortize it in your budget as the most crucial elements of a project.

30 May 2024 | 17 replies
Quote from @Peter Tverdov: DeathTaxesDIY Landlords on BP complaining about the costs of property management It's not a complaint..it is an essential component of STR ROI and feasibility analysis.

28 May 2024 | 6 replies
Some of the types of products I am seeing labeled as build for rent include elements of the following or these developments are currently incorporating product labeled BFR: Suburban tract built home communities attached and detached townhome communitiesmaster planned communitiesmixed use communities cottage style home communities urban infill communitiespatio style home communitiesnew modernism and new urbanism neighborhoodsstick built small home communities horizontal apartment home communities with greater green space and more community programmingLet's catch up at some point to discuss further.

28 May 2024 | 2 replies
It was a huge red flag, so we immediately changed our offer.Trust is essential in real estate, and if you don't trust the seller, walk away.This anecdote taught me significant lessons.