Account Closed
Self-Manage Four-Plex 3 hours away - dumb idea?
4 September 2018 | 20 replies
Listen to BP Episode 294 and #AskBP 075 to get ideas of the characteristics that a good property manager has.
Ryan Car
How to find off market properties
7 August 2019 | 17 replies
If you value your time you'll end up using a 3rd party service that collects, collates, cleans, appends, etc the base public records data into something usable.Ownership and characteristics (beds, baths, etc) are sourced from county assessor offices.
Silvia Falip
Non-metered properties with high water bills
24 April 2020 | 8 replies
We are basically forced to continue paying for water that we are NOT utilizing if we take into account:-Water bills from nearby properties with similar characteristics are way lower-The amount of persons living in the property is two-The fact that our bills are issued prior to the actual consumption, and do not take into account factors such as weather (no need for watering the yard), time away from the property (vacation), etc.On a separate note, when we attempted to register our property on the waitlist to get a meter installation (program that is now stopped due to potential lead repercussions), the system declined our property claiming that it was not eligible, although we follow all parameters indicated – a non-metered, residential account for a single family home.We believe this is a completely unfair, abusive, and unreasonable situation, which might affect other many citizens who are stuck within the same conundrum.Any suggestions?
Danielle Davenport
Lack of Insurance is killing my Sales! In California ...
6 October 2023 | 0 replies
The FAIR Plan is typically considered a last resort for homeowners and property owners who are struggling to secure coverage because their properties are located in areas prone to natural disasters, such as wildfires, earthquakes, hurricanes, or other catastrophic events.Here are some key characteristics and features of the FAIR Plan:1.
Jun Zao
Does the 2% rule apply to North Lawndale, Chicago IL?
6 May 2019 | 2 replies
City: Chicago, ILNeighborhood: North LawndaleNeighborhood profile: low income, high crimeProperty type: rentalUnits: 7+Monthly rent income: $7000+Does the 2% rule apply to properties with this set of characteristics?
Account Closed
What's NOT working in landlord insurance
4 October 2022 | 8 replies
I would appreciate a website where I could put in the address, let you pull the details of the property and create an estimated quote based on the characteristics of the property - returned in minutes and without talking to anyone.Context: I am putting together a pro-forma spreadsheet to evaluate a deal.
Dalia Darwish
Buy a home in 93619 or 93730
16 October 2023 | 7 replies
It's tough to predict variance in appreciation between two areas that have similar characteristics and are so close together.
Jim K.
Rich Investor, Poor Investor, Revived Thread
8 October 2023 | 15 replies
Buy inexpensive properties because they do not have enough funds to get into a B class location.Do you agree or disagree with this set of characteristics, and if you agree or disagree with part of it, which parts?
Isaiah Gill
Good Places/Advice to Invest in Maryland
5 September 2023 | 7 replies
Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with zero or negative relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenants: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.Thank you for this concise breakdown of property classes and their associated characteristics.
Jamie Stone
Any Feedback on TurnKey?
27 April 2023 | 20 replies
That is neither good or bad, just a distinguishing characteristic between them and JWB in Jacksonville, FL. or Storehosue 3:10 in Milwaukee, my families' company REI Nation, Spartan out of Alabama and certainly countless other companies that buy, renovate, sell and manage under the traditional Turnkey model.