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13 January 2025 | 6 replies
Video is very important, shoot walk through video and have that.
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24 January 2025 | 36 replies
Mine was also out of state, in a town I’d never visited, and I relied heavily on videos from my agent.This sounds like a tough first deal, but it seems like you have some capital on the side, which will be useful as you face the upcoming challenges and learn from those expensive early mistakes.Regarding the subject of this post, “help me adjust my expectations,” I’d recommend assuming that; repairs will cost twice as much as you estimate, maintenance and vacancy rates will likely double from your initial projections, there’s a very real chance you may lose money on this deal.That said, there are ways to mitigate these risks by:- Keep asking questions here on BP and connecting with local experts- Stay proactive and communicative with your agent and property manager.And remember “Inspect what you expect.”Im not trying to discourage you but to help reset your expectations.
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21 January 2025 | 10 replies
I suggest gradually assembling a reliable maintenance team that includes HVAC, plumbing, and other essential services.Tenants are responsible for providing access to the property.
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6 February 2025 | 10 replies
So, just so I’m understanding correctly, unless the ADU has a driveway for parking of its own, then rent rates might go down on the actual house bc, essentially, the property land is being shared by different parties?
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5 February 2025 | 17 replies
., it definitely fights the arguments on re-fis with the appraiser but I'm noticing there's just a liquidity issue that is skewing things.I try to essentially start at the floor and work my way up on the ARV as opposed to seeing the highs and working it down.
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31 January 2025 | 17 replies
Treasury bills are essentially a short-term loan to the government, 1 year or less, bought through your brokerage acct.
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12 January 2025 | 185 replies
And by how many videos stating INTENTION.
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24 January 2025 | 0 replies
It’s essential to screen tenants carefully to minimize vacancies and ensure reliable rent payments.4.
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5 February 2025 | 16 replies
- Will they preview properties for you, taking narrated videos they send to you?
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13 January 2025 | 4 replies
.🔹 Partnering with Trusted Local Experts – Engaging experienced and reliable builders, architects, contractors, and surveyors is essential for a safe, efficient, and successful rebuilding process.Recovery isn’t just about getting back to where you were—it’s about creating something better.