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9 February 2025 | 3 replies
Or do I just do my best over traditional messaging. hopefully that all makes sense and I appreciate anybody's feedback!
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31 January 2025 | 7 replies
I have this issue with Buildium for all the online rent payments received through their payment app.
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4 February 2025 | 5 replies
We built a single family home version of a 2 bed 1 bath with surface parking at cost with no profit all in with land for 175k in newark ohio, a suburb of columbus ohio. when we push that to 3 units and closer to the city for our build to rent model the numbers go way better. a 30k slab for a single family home is 30k, a 30k slab for a triplex is 10k a door. we designed a 2 bed 1 bath design at 668 sq ft and it's very good layout even I would live there, but I would never build anything that small again. there's no economies of scale. you need density and shared lines, resources, shared roof shared slab, shared windows, etc the cost goes way down.
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1 February 2025 | 14 replies
A couple of years ago, I worked with an investor who never updated the contact information for the loan and the Bank call the seller (ex-wife), that day she was mad at her ex-husband and told the bank her ex allowed someone to steal their property from them and they got no money, she was kicked out of her house and there were strange people living there.This could all have been avoided if the investor did this process correct.Get educated, also I do not know your attorney but not many attorneys have the knowledge to do this process correctly.
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31 January 2025 | 7 replies
Hi all,Posted on biggerpockets my first deal back in 2011, this forum gave me the confidence to get it done.
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4 February 2025 | 6 replies
Other than lowering premium, why would you put all the rentals in one policy?
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20 February 2025 | 10 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.
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15 February 2025 | 7 replies
I keep a spreadsheet for each property with these Q&A recorded for all prospects.
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10 February 2025 | 1 reply
Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.
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3 February 2025 | 8 replies
Would love to connect, regardless of real estate experience I know we could all be of value to one another.