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18 September 2024 | 3 replies
In either case she’s paid the proper amount of taxes, just shows she owns properties when she doesn’t.
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20 September 2024 | 114 replies
Make your decision to hold the property or just take the hit and unload rhe property.I'm sure the master class got you pumped up to jump in with both feet, but I hope they spent time on running the numbers and doing proper due diligence.
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18 September 2024 | 19 replies
The first step is to make sure that you are marketing the property properly and on all platforms.
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17 September 2024 | 24 replies
If it were me I'd pass or do a substantial escrow holdback until you knew if things were properly permitted, etc.
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20 September 2024 | 51 replies
I hope that most people here are aware that landlords of commercial properties make huge profits out of installing solar power to their commercial properties.
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18 September 2024 | 7 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
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16 September 2024 | 10 replies
@Maryann FialdiniDefinitely get an attorney as you want to avoid her claiming she was induced to sign and it was a predatory situationIn the future never give money, pay for anything or take a deed without going through proper peopleYes it’s Monday morning quarterback but it is sound business practice.The only way this will get resolved now is through a lawsuit or cash for keysWhat is she trying to claim btw ?
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16 September 2024 | 22 replies
A detached garage was built off site and delivered and is the only work I didn't do, although I did wire the building and install the garage door.
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19 September 2024 | 40 replies
@Brandon Malone I have 1 LTR in Denver NC and installed a smart lock with a physical key for when/if the batteries die while tenants aren't home.
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20 September 2024 | 23 replies
TIA :) You can have a great plan but if you can't properly execute it, it won't work.