
2 September 2024 | 8 replies
Without cash flow you will end up going out of pocket for any repairs and Capex expenses.
1 September 2024 | 3 replies
I win in court and tenant is kicked out in 24-48 hours.In 90% of all situations, the tenant leaves before I have to file in court, I use their deposit to cover unpaid rent and as much cleaning/repairs as possible, and I move on.

31 August 2024 | 3 replies
The security deposit is approximately 10% of total repairs so it won't cover most of the damages.

1 September 2024 | 3 replies
If a major expense comes about (i.e. roofing repair, hvac, etc) we would split that as well.

3 September 2024 | 7 replies
Can someone tell me if this is correct: if the owner redeems they have to pay the full bid price, fees and court costs, 10% interest, and any “necessary” repairs (what constitutes that)?

2 September 2024 | 32 replies
My close to 1% cash flow house has tenant calling for repairs 9 times in 12 months (out of owning it 18 months).

31 August 2024 | 18 replies
It does not cash flow now with the increase but if I raised the rent it would cash flow a couple of hundred dollars a month (the home is paid in full), at this point I'm losing money (between the tax increase and repairs)Are you betting on appreciation in your investment strategy?

30 August 2024 | 1 reply
The seller will not let us extend due diligence and will just put it back on the market and said he could do these repairs for half of the cost of the low bid (~5k).

2 September 2024 | 31 replies
You could add being available to schedule repairs and make remedies to owners out of state or are too busy to do it themselves.

27 August 2024 | 4 replies
I've found that what I value most in regards to real estate investing are the people who know about actual home repair and can approach a sale from that perspective.