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15 January 2025 | 18 replies
I have $180K on the mortgage and since I bought pre-pandemic, the property has accrued a good amount of equity (I could likely sell for $700K-$750K), leaving me with about $500K in cash.I'm considering selling the property to invest in an out of state market as the COCR isn't great (I net about $1,700/month in cash flow).
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13 January 2025 | 45 replies
Also, have you considered a specific investment strategy (e.g. rentals, fix & flips)?
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4 January 2025 | 16 replies
- Doesn't matter what seller is asking, only what amount makes your analysis work!
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31 December 2024 | 66 replies
The worst experience we've had was with a flat roofer (very common roof type in Chicago) we finally wrapped up, after waiting almost two years for them to finish/fix something.
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12 January 2025 | 54 replies
small homes don't work. we build a stacked triplex much more affordably. density is key and vertical is the key. use that land cost and fixed costs more efficiently. everything we build for apartments is less than 700 square feet and only 2 beds and all 3 story walk ups and all triplexes. by building codes 4 family is commercial and also becomes cost prohibitive.
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4 January 2025 | 11 replies
One is a 10-day notice to comply or quit and the other would be a notice of termination of the month to month lease (30 days here).It looks like NY may be 30 days for the fix or quit and 90 days for the termination of the lease notice.
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2 January 2025 | 2 replies
- The HOA’s apparent lack of urgency to fix the roof.
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2 January 2025 | 4 replies
What is your average rent amount for all properties managed?
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31 December 2024 | 8 replies
This plan covers 24/7/365 troubleshooting services from Lula's experts (such as guidance on resetting a circuit breaker), tenant coordination for scheduling repairs, and access to a network of vetted professionals.Once you're subscribed to Lula, you can set aside a pre-approved amount for repairs, which can be used without needing to contact you as well.
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30 December 2024 | 14 replies
Whether it’s for fix-and-flips, rentals, or other projects, I’d love to learn more about who you’ve worked with and what your experience has been like.Do you have any solid connections or recommendations for private lenders who use their own capital?