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31 December 2024 | 13 replies
I guess it's just too many factors to consider and it easy to get overwhelmed and cannot get accurate info and estimation when I conduct analysis (ex. property tax rate, insurance, maintenance fee, rent, repair, closing cost, etc.)
1 January 2025 | 24 replies
-can you accurately analyze deals?
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27 December 2024 | 6 replies
And if not, what other suggestions would you have for getting the comps I need to accurately assess ARV on flips?
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26 December 2024 | 11 replies
Quote from @Giacomo Matthew Degl'Innocenti: I very understand your speech but it's hard to believe the tenant has nowadays became invested of a far bigger responsibility than the landlord in making it possible to be having depicted an accurate profile also because is the landlord indeed who's on the business and receiving the money.Thanks your intervening here though There is zero logic in any of this.
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30 December 2024 | 8 replies
I leave the marginal ones waiting, letting them know I will reach out when I have a showing date/time.At the showing, I collect their completed application (sent via PDF prior or filled out on premises), scan their photo ID and last 2 pay stubs.Then, I do some digging around online (social media, court records, Google) and if it looks like they are representing themselves to me accurately, I contact them and send them a link to do the background checks (paid by them directly to the vendor).
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5 February 2025 | 56 replies
@Diana Teng there are a LOT of potential pitfalls:(So, it's vitaly important to not just find someone that you think you can trust because they tell you what you want to hear, but you find someone that their processes seem a good fit for what you want.EXAMPLE: we do BRRR Turnkeys for clients and take numerous vides we share with them - initial, worst state of any demo, when HVAC, plumbing, electrical update BEFORE walled in, before any major payouts and of course a final walk-thru video.One thing that's accurate from all the HGTV renovation/flip shows is that you should expect and plan for surprises!
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8 January 2025 | 22 replies
Their different backgrounds will lead to 80-90% of the same stuf being pointed out, but the 10-20% differences can be eye-opening and lead to more accurate bids.Suggest you visit a Home Depot on a Saturday, between 6-8am.
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14 January 2025 | 37 replies
If the market value mentioned above is accurate and the “initial” loan balance hasn’t increased by rehab funding, I wrote above that the proceeds are just a couple million after closing costs and commissions.
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30 December 2024 | 7 replies
I ended up updating the lease to say that thermostat placement is at the landlord's discretion, ensuring it’s in a spot where the temperature reading is accurate and not affected by drafts or constant foot traffic.
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24 December 2024 | 25 replies
If you looked at rate projections in the spring and summer, many accurately predicted that rates would fall in 3rd quarter and rise in 4th quarter.