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25 November 2024 | 23 replies
Way too much stress to do it yourself and there are a lot of hidden costs.
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21 November 2024 | 10 replies
You find the house completely trashed with missing appliances and cabinets, tenants were cooking meth, windows broken, etc. 6-8 months of unpaid rent, unpaid utilities, thousands to empty the abandoned property and trash, $50,000 to completely renovate the property and make it rentable again, plus all the time, energy, and stress along the way.I would actually argue this is pretty common and not even the worst-case scenario.
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26 November 2024 | 25 replies
We don't compete, and lower priced neighborhoods still need that service.Everyone starts out with the idea that they are going to work to the highest moral standards, but when you are in the thick of it and you just don't have the cash to close and maybe 10k earnest money on the line, you may start to tell yourself it is legitimate to cancel the deal, after all you have that clause in the contract.
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28 November 2024 | 18 replies
Anyone with a pulse can buy a section 8 property in a lower tier neighborhood and there’s always abundant inventory.
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25 November 2024 | 8 replies
Do NOT give them lower rent!
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26 November 2024 | 8 replies
This can provide more lucrative opportunities by allowing you to take advantage of lower closing and holding costs while keeping much or all of your money out of the deal.Every investor starts somewhere.
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25 November 2024 | 6 replies
If you advertise at $1800 and get no action for two weeks, then consider dropping the price.Always lower your price, not your standards.
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25 November 2024 | 0 replies
However, sellers currently on the market are more likely to accept lower offers, giving us some room for negotiation.Rental Market TrendsThe charts below are only relevant to the property profile that we target.Rentals - Median $/SF by MonthRents held steady from September to October, bucking the seasonal trend.
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25 November 2024 | 12 replies
Never got a delivery rate lower than 91%.
25 November 2024 | 14 replies
Our local market in Columbus has been pretty incredible with price points lower than markets like Austin or Nashville, with a better economic outlook than similar large cities of over 900k people.