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30 January 2025 | 6 replies
Then once it's acquired and/or fixed up you could shop around for long term financing if planning on holding the property rather than flipping it.
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20 January 2025 | 31 replies
We know that they’re building up, it's near a hospital and it is a good neighborhood.
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17 January 2025 | 3 replies
We've seen cases for example where clients want to send their brother or cousin to do electrical work that they aren't licensed for.What I don't think would work is to have a ticket come in, and then reach out to a client so they can shop around for plumbers.
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23 January 2025 | 14 replies
Still researching and taking a trip out there to drive the neighborhoods.
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5 February 2025 | 1 reply
The property was vacant and to maintain integrity in the neighborhood, the property needed renovation.
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5 February 2025 | 0 replies
The property was vacant and to maintain integrity in the neighborhood, the property needed renovation.
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31 January 2025 | 7 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
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21 January 2025 | 59 replies
But it could also be a coffee shop or an etsy store and the cash flow goes into real estate.
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7 February 2025 | 4 replies
Working in a busy property management company, I'm often asked for advice on camera and alarm systems, and in rougher neighborhoods sometimes it can be a toss-up on whether to keep a property boarded-up between showings.
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6 February 2025 | 3 replies
Quote from @Matt Gravil: Monthly rent totals $20,038@Matt Gravil So, at an average rent of ~ $800/property, I'm assuming these are in C/D neighborhoods?