Chris Seveney
Is it really this bad with syndicators?
16 January 2025 | 19 replies
First unforeseen issues wipes out all cash flow and reserves.
Kris Tohovitis
Multifamily investing advice
8 January 2025 | 9 replies
If multifamily properties in your area are priced well, it might be worth moving forward sooner rather than later.Risk Tolerance: Since you’re the sole provider, it’s crucial to ensure you have a solid emergency fund to cover unforeseen expenses, especially during vacancies or repairs.Long-Term Goals: Think about how this investment fits into your long-term financial goals.
Frank Hotard
First Home Issues and Strategy
10 January 2025 | 4 replies
My intent was to move within a year and rent it out, but we have been having unforeseen expensive issues that I am looking to get advice on.1) HVAC: Our biggest issue.
Carlos Lez
Tenant's cosigner asking to break lease due to medical reasons
14 January 2025 | 9 replies
He will be taking a leave of absence for the year.Given the unforeseen nature of his health condition we would appreciate your assistance and consideration in addressing this situation.
Deborah Wodell
How Do You Keep Rehab Costs Under Control on Your Flips?
4 January 2025 | 4 replies
Also, for flips, I like to reserve an additional 15-20% in contingency for unforeseen conditions or changes.
Kelly Mae
Fourplex addition in Ontario Canada
3 January 2025 | 2 replies
Other than cost overruns and unforeseen issues, I think it's just a question of if this is worth it.
John ONeill
Confessions of a First-Time Flipper: What I Wish I Knew Before I Started!
13 January 2025 | 11 replies
It is imperative to have a cash reserve for unforeseen circumstances, such as unanticipated maintenance or fluctuations in the market.
Karma Abdula
Poly Fix and Flip
31 December 2024 | 0 replies
The biggest challenge was addressing unforeseen structural issues, which ate into the budget.
Karma Abdula
Poly Fix and Flip
31 December 2024 | 0 replies
The biggest challenge was addressing unforeseen structural issues, which ate into the budget.
Lilia Matlov
Facing the Unpredictability of the Real Estate Industry - How to Cope with the Loss o
28 December 2024 | 0 replies
Even the most meticulously crafted plans can frequently go off track due to unmet responsibilities or unforeseen events.This is the essential characteristic of the real estate industry.