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8 October 2024 | 9 replies
Even an after-hours emergency call should have been less than $200.I would contact the locksmith to verify this is a legit charge and get the details of what happened.If it really was a broken knob, then I think it's only fair to absorb the cost.
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9 October 2024 | 17 replies
If you build (via managing a general contractor), you should (ideally) know more about how the property was built than if you bought an existing home--you know what's behind the walls, and ideally you might avoid anything wrong with buying an existing home with issues you and your inspector didn't catch.I understand there's risk to building--it just seems right now that the risk is lower than buying an existing house--a house where you simply cannot know every detail without tearing it down to the studs and doing a complete remodel.
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9 October 2024 | 16 replies
I acquired the four-plex with varied levels of updates, but would need/want to paint cabinets, paint doors, trim, walls; if carpeted, replace carpet with LVP; replace faucets with modern faucets, etc.
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11 October 2024 | 41 replies
You might be able to check how much inventory is already in the areas you are looking.Happy to talk through your plan in more detail and let you know how my experience has been.
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8 October 2024 | 4 replies
There's lots of great tax pros here in the forums but you will receive different answers here because they don't have all of the nitty-gritty details of your specific situation and strategy.If you don't have a tax pro you currently work with for tax filing, I can recommend some to you that we recommend through our REI bookkeeping firm.Let me know!
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8 October 2024 | 6 replies
After the new security issues arising with videoed properties that are posted on public places...OTA, MLS, etc....we have decided against videos that show the layout of the property, or other details that would breach the security of the home.
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8 October 2024 | 4 replies
I can provide more details if needed.
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12 October 2024 | 25 replies
Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.PM us if you’d like to discuss this logical approach in greater detail!
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13 October 2024 | 34 replies
I can get into more detail if you would like.
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10 October 2024 | 11 replies
My upcoming book details an investor who lost a couple hundred thousand in her first few years due to rookie mistakes.