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2 August 2024 | 8 replies
It's just far better to bring the loan current or pay it off or file for a "clean and honest" bankruptcy to stop the foreclosure.
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6 August 2024 | 54 replies
.- Landlord costs skyrocketing: - Insurance: +30% (thanks, climate change) - Utilities: +30% - Property taxes, materials, maintenance all up - Even lawn care and cleaning services cost moreThe article argues these costs are being passed to tenants, not just padding profits.
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3 August 2024 | 5 replies
But if the property is clean and well-kept—even if it’s nothing fancy—people are more likely to respect and take care of it.
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1 August 2024 | 12 replies
A typical turnover can be a month or 2 of vacancy and $2-10k in make-ready costs (cleaning, paint, flooring, appliances, towel racks, vanities, etc. that gets beat up and broken norma wear and tear).
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6 August 2024 | 49 replies
Turns out there's a way to be that without risking your livelihood.I took a chance on VestRight because what I saw was a ground floor opportunity - a space that isn't flooded with an insane amount of competition.
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3 August 2024 | 10 replies
Not exactly sure where to look for this and have done some googling and asking around but don't have a clear answer for how folks have managed keeping the books clean and everything paid on time in a simple manner!
1 August 2024 | 125 replies
Perhaps not, but if I owned a duplex and moved someone in on the top floor for a $3000 security deposit based on their previous history, and the bottom floor for $2000, and they speak to each other...why even take the risk?
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2 August 2024 | 0 replies
As long as it was clean and in good shape it was going to move.
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7 August 2024 | 73 replies
Quote from @V.G Jason: Quote from @Chris Seveney: @V.G JasonI saw today that 30% of jobs now in this country are federal government or government contractorsWe cannot live off trillions of dollar deficits every year - employment is actually negative this year without the government.People lose jobs = cannot pay homes = homes get sold at discount = reset appraisals / lending… You're not wrong, just the sold at discount part I think the floor is going to be higher than people think.
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2 August 2024 | 2 replies
For example I had my GC purchase paint, countertops, and flooring using his connections who worked at those locations to get a discount.