
13 December 2024 | 20 replies
It sounds like they did work after your last payment to them.

10 December 2024 | 14 replies
I look at total return.My last purchase had horrendous initial cash flow.

7 December 2024 | 18 replies
I am the opposite I have never bought new tires for a car in the last 20 plus years except for my Porsche which chews them up. and my model X Tesla which weighs a ton.. when i need new tires I get a new car :) PS when the clutch went out on the Porsche at 25k miles and out of warranty it was 5k to fix it..

11 December 2024 | 35 replies
@Timothy Newsome Speaking of suggestions, please see my last post.

5 December 2024 | 7 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

7 December 2024 | 7 replies
You can try to make it part of the inspection amendment, that's the last time you have some negotiation power.

6 December 2024 | 2 replies
I have worked my entire career in construction and last 2 years performing entitlements, permitting, and construction for industrial developments along the Wasatch.

6 December 2024 | 10 replies
Lastly, my understanding is that repair costs (e.g., fixing leaky pipes) but not capital improvements (e.g., replacing old countertops with new ones) before renting out the property can also be categorized as start-up expenses.

6 December 2024 | 17 replies
I’ve been doing it for the last 6-7 years and acquired a handful of properties this way.

6 December 2024 | 3 replies
Do you have a rent roll for at least the last 2 years, so you can see how it has performing?