Jennifer Fernéz
Buying a property with bad tenants
10 December 2024 | 8 replies
Hi all,I'm new to investing and saw a 4-unit property this week. I like it and the numbers look decent.Pro Forma is 7.21% and CoC ROI is 10.04%.However one of the tenants is late for rent ($1,000 in late fees this y...
Chris Seveney
Is it really this bad with syndicators?
27 November 2024 | 18 replies
One person said they Started to call them Facebook and Google BAds not ads… if they see a fb or google ad they run.
Sidra Amir
After 10 months of stay, tenant is asking to get bed bug inspection done
7 December 2024 | 8 replies
The handler takes the dog through each room and bedroom and the dog alerts the handler if it smells the bedbugs.
Jae Yoo
Help finding a lawyer to proceed against a bad property management company
17 December 2024 | 4 replies
Hello,I am seeking assistance in finding a real estate lawyer who specializes in helping clients get out of contracts with property management companies. The final straw was when my property went into abatement after ...
Dan Zambrano
My Journey to $20M in assets
7 December 2024 | 60 replies
Too much bad debt 😅 kind of a joke3.
Marc Shin
STR soap and toilet paper
19 December 2024 | 28 replies
Probably go with some nicer-smelling soaps (but even then Costco TP should be good).If it's a cheaper STR, definitely the cheaper options.
Kar Sun
Lease Final Walkthrough
30 November 2024 | 12 replies
Quote from @Kar Sun: My tenant's lease is coming to a close and I am relieved she will be moving soon.She has been paying on time but has been extremely unpleasant and rude.While the money does not smell my mental sanity is more important than money in this case.She sent me a registered letter stating that she feels "unsafe because we have not done the fixes the way she wanted it".She requests to have her witness for a walkthrough.In my state a walkthrough is required but I am not about to grant it to her to bring any witnesses as that is not in my contract.If she feels unsafe she does not have t be present.I also do not treat a final walkthrough with a tenant as a final sign off.This walkthrough does not include a detailed inspection of the plumbing and the appliances that will be done after she departs.This is simply for the visible cosmetic issues and should take less than 1 hr.
Harry Maxtens
Licensing Experts - Anyone have any feedback?
5 December 2024 | 5 replies
It makes me wonder why they have to open a user on every forum to publicly clear their name, yet there isn't one real user that can show something they have really done. smells fishy at best.
Imani Naomi
Good Times to Invest vs Bad Times to Invest
3 December 2024 | 3 replies
The real estate market can be characterized by 4 phases. Here I will breakdown each stage in the attempts to help us all become more savy investors.
Phase #1 - Recovery
- characterized by high vacancy rates a...
Joe S.
Laugh and the world will laugh with you. Fart and…
28 November 2024 | 9 replies
People see these 26-year-old YouTubers pretending to be rich and living their greatest life, and they think it's possible to become wealthy by just wanting it bad enough.