
2 June 2024 | 6 replies
I will be the assistance you need me to be here in the states for you.

2 June 2024 | 3 replies
@Jim Doyle- thanks 1) consider increasing the purchase price by the amount of the elec and roof work that needs to be done and then assist seller with getting the work scheduled and completed ( as this will be required to be donw before closing ) ..this way the seller is technically paying for the repairs and they wont lose any proceeds ....they will pay a little extra wa state sale excise tax but that wont amount to too much 2) consider putting less down and using some of your funds to pay for the repairs ( or part of the repairs ) 3) consider using a rehab loan 4) consider keeping the price where it is and asking for the sellers to complete repairs ( this likely wont happen) 5) get roofer and contractor estimates and get them lined up to do the work asap as it might takes weeks to get this scheduled / done 6) ask seller for extension on closing date if the work will take longer than 10 days ,,,Good luck

4 June 2024 | 10 replies
Feel" the true beat of the portfolio's income and expenses performance before using leverage to speed up the growth of your portfolio.Using cash only will protect your bottom line in scenario's like yours when the properties don't perform as expected as you won't be on the hook to cover the mortgage expenses.Just my bias opinion so take it with a grain of salt.I've also witnessed many finger pointing instances when others get involved.Like a new property manager, realtor, contractor, etc...I've had my share of bad experiences with realtors that threw my company under the bus and got in the investors ear to flog it at any price just so they can make a quick commission.It get's very messy, painful and pretty much turns into a disaster with the investor not knowing who to trust or what to do anymore.Similar to what you post about has happened to me and my company many times and if allowed the opportunity, we do our best to fix and come good.Some loose trust and faith and I 100% understand, but as soon as someone leaves the wing of my company there is not much that we can do because as I mentioned above, everyone else get's involved, has an opinion and the situation get's very messy.Having in-house property management is vital when such a "crisis" arises.I tried out-sourced PM when we first started and it was a disaster.We had no choice other than to bring it in-house.Hated my life for the first 5 years with in-house PM and fast forward 10 years, it has become our "golden goose" and a very well streamlined and beautiful business.From what I've seen and read on the forum and elsewhere it seems like RTR has a good reputation and what you have mentioned seems like a "worst case scenario".I hope RTR will assist you the best they can and all I can say is learn from the experience and don't give up.Do your best to weather the storm and focus on minutia.Don't have regrets and don't spend too much time dwelling on the past.Glimpse into the past to get guidance from what you could have done better and think ahead.Move forward smarter, more experienced and better.Wishing you well and much success with your future endeavors.

2 June 2024 | 6 replies
They have 0 incentive to let contractors in once you take ownership, and the current owner has 0 incentive to assist you with them once you close.

4 June 2024 | 54 replies
Manry personally spoke with you yesterday, attempting to assist despite the fact that you were not entitled to the items you requested and would not be returning to REIPro as a customer.

2 June 2024 | 112 replies
For now I think just invest in SFH or duplex/triplex properties but within decent areas, don't mind having them be rehabs as I have time and the help when it comes to knowledge and assistance.

2 June 2024 | 12 replies
There are minimal down payment options available to first time home buyers with grants and down payment assistance on primary residence transaction.

1 June 2024 | 5 replies
Connecting with someone knowledgeable like you would be an invaluable opportunity for me to expand my understanding of the market and gain some valuable insights.Your expertise and advice are highly respected, and I genuinely appreciate any assistance you can offer.

1 June 2024 | 10 replies
They have a dedicated team to assist with any owner/tenant questions, an in-house maintenance crew and an online portal to manage your rentals.

2 June 2024 | 14 replies
Thank you for your assistance!