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Results (10,000+)
Sergio P Ramos Rehabbing/Flipping late in the year.
20 October 2024 | 14 replies
Usually holding costs and lost opportunity costs far outweigh the gain in sales price.I would also have multiple exit strategies and if prices dropped more than I wanted could I keep it as a long-term investment and have the rent cover my expenses.
Cory Melious Long term tenant hit me with a clearly fake ESA letter
18 October 2024 | 7 replies
Can I require additional deposit to cover the accidents this animal is going to make?
Kevin Nelson Seller Financing Standards
19 October 2024 | 5 replies
Seller financing is very hard to get.Most seller has the intent of collecting all the money upfront for a new property.To entice the seller to accept a low down payment, agree to the purchase price without negotiating, cover the closing costs and if there are any commissions involved with brokers/agents.
Tim Porsche When and How Much to Lower Price on Flip
20 October 2024 | 8 replies
- **Addressing the Cesspool**: Since the cesspool is a known issue, consider including some language in your listing that reassures buyers this is normal for the area, and perhaps offer to cover some closing costs or provide a credit toward upgrading the system if necessary
Travis D. Best Property Management software to use??
17 October 2024 | 10 replies
Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.
Yogev Lifchin Google Ads Tips for Wholesalers: How NOT to Write a Google Ad as a Wholesaler pt 1
16 October 2024 | 0 replies
However, this must be paired with a dedicated and robust negative keyword strategy to prevent your ads from appearing for keywords that ARE NOT RELEVANT to your investing business.For the sake of this example have a look at this attached picture below:In this picture you can see that this ad shows up on the keyword “House for sale near me…” which is not something a seller would search for (not to mention a distressed seller).
Joseph Scorese Close RE Deals in Any Economy Top Strategy - What are factor that you will leverage?
19 October 2024 | 0 replies
Concessions: Ask sellers to cover closing costs, repairs, or provide price reductions.
Sejin Oh Bathroom Renovation Idea
16 October 2024 | 1 reply
I'd have to see it to give you a good idea, do you have a picture of it you could share?
Joey Gong ceiling leaking repair
18 October 2024 | 5 replies
The roof and drywall should be covered by your wind insurance.
Nadia Muga Tenant Criteria For Leasing a House
18 October 2024 | 7 replies
All an agent should do for you is list the property to generate showings => to generate applications, that YOU then screen.Now, they may actually be asking you want screening criteria you want them to advertise, which is fine.Can't answer your question though, without knowing if this is a Class A, B, C or D property - as they will all have different criteria.Here's a sample of some of what we use in our Metro Detroit market:Class A Properties:Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties: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.