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22 September 2021 | 9 replies
Many OOS investors set themselves up for failure because they don't truly take the time to understand:1) The Class of the NEIGHBORHOOD they are buying in - which is relative to the overall area.2) The Class of the PROPERTY they are buying - which is relative to the overall area.3) The Class of the TENANT POOL the Neighborhood & Property will attract - which is relative to the overall area.4) The Class of the CONTRACTORS that will work on their Property, given the Neighborhood location - which is relative to the overall area.5) The Class of the PROPERTY MANAGEMENT COMPANIES (PMC) that will manage their Property, given the Neighborhood location and the Tenants it will attract - which is relative to the overall area.6) That OOS property Class rankings are usually vastly different than the local market they live in.7) That a Class X NEIGHBORHOOD will have mostly Class X PROPERTIES, which will only attract Class X TENANTS, CONTRACTORS AND PMCs and deliver Class X RESULTS.8) Class A is relatively easy to manage, can even be DIY remote managed from another state.9) Class B usually also okay, but needs more attention from owner and/or PMC10) Class C can be relatively successful with a great PMC (do NOT hire the cheapest!)
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22 September 2021 | 6 replies
Warranties are notorious for not delivering as promised.
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22 September 2021 | 13 replies
IIf I were you I would look at your PM Agreement or contact your company and ask them how they charge you so you can understand that and when they deliver their reports/funds so again, you can understand that.
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29 September 2021 | 7 replies
Over-promised & under-delivered, provided us with an unachievable timeline for repairs, cut corners along the way, knew nothing about bringing a rental property up to Saint Paul code, damaged our property beyond his scope of work, charged us a premium to have teenagers assist him with the majority of his work....I'll stop here.
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21 September 2021 | 2 replies
He overpromised, under-delivered, cut corners, knew nothing about building codes in our city, employed teenagers, stole from us, caused thousands of dollars of damages to our property, and vanished.What we are doing differently as we recover from this debacle that we hope will help you in finding and selecting a great GC to work with:Ask for contractor referrals from trusted, community established organizations.
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24 September 2021 | 9 replies
Meaning, somethings have to be done in writing and delivered by first class mail etc.
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22 November 2021 | 3 replies
Also, it took about 2 weeks for the appliances to be delivered because of pandemic.
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23 September 2021 | 0 replies
Also, it took about 2 weeks for the appliances to be delivered because of pandemic.
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15 October 2021 | 80 replies
What the Ricoh delivers best is 24.24 megapixels, well beyond anything you would need in online work.The T5i came with the stock 18-55 mm zoom lens, delivering 29.16 mm to 89.1 mm focal length (35mm equivalent).
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25 September 2021 | 1 reply
Most states and local jurisdictions have clearly defined rules about how notices can be delivered.