Nathan Gesner
20,000 posts . . . and at least 17 of them were useful.
9 January 2023 | 42 replies
you should bottle that and go market to market and build an empire of PM ness
Sean Snider
EXPERTS WANTED: How to spot foundation issues.
13 July 2018 | 10 replies
@Sean Snider look for cracks in the foundation, ground level ness to the house can signal shifting, bowing of basement walls, buckling siding.
Kyle Majors
Using Comps
21 October 2016 | 2 replies
@Kyle Majors additionally to what @Zak Parks said, some keywords in the MLS will give you an idea of done-ness, ie: fixer, as-is, etc.
Lisa Mason
How to handle an "emergency" service call?
24 February 2016 | 18 replies
I also include in each welcome packet a step by step for how to call the power company and report an outage as well as how to reset a flipped breaker.This tenant has been short term so far and has had issues paying rent every month, and makes excessive requests (in frequency and in "reasonable-ness").The tenant is not responsible for deciding if a handyman is needed, but if one is called out and it isnt a landlord responsibility, shouldn't that go back to the tenant?
Aaron Kaplan
Newbie -- help needed where to start : restaurant property in CA
27 February 2017 | 9 replies
With late payments common from this franchisee among other sketchy-ness we want to try to evict or transform the property to some better use or other franchise or at least a better more fair lease than what was concocted currently.
Marc Flynn
Complaining Tenants - Options to use against security deposit
1 November 2022 | 15 replies
Resenting the tenant for calling you on it is unwise and will lead to an unneccesarily adversarial attitude.She does sound like a pain and you may be right about her planning, but don't confuse the legitimate maintenance things with her pain in the a##ness.
Kiel Martin
Buying homes for cash
28 September 2021 | 133 replies
So this will be my last post on this, so the draw-out-ness comes to an end.
David Lant
Newburgh, NY. Buy, sell or run for your life?
29 January 2022 | 17 replies
The City tends to reward competence, ballsy-ness, and vision, which you both seems to have in reserve.
Kalin Stocker
Acceptable Cap Rate?
27 October 2021 | 24 replies
An 8 Cap is a mythical creature akin to the loch ness monster or a unicorn.
Alicia Marks
QOTW: How to help a new investor stuck in “Analysis paralysis?
25 January 2022 | 126 replies
This tells me that multi-unit prices decreased by at least 10% during the past 9 months are are definitely not rising.So, here is a little math if anyone wants to show others how to do the math.10-units in Torrance California on Van Ness Avenue about 5 buildings south of Redondo Beach Blvd.Asking $2,750,000I would offer $2,650,000 and tell the broker I will not accept a counter offer, will not ask for discounts for repairs and it will be a done deal.Gross Income is $180,000 or $1500 per unit and can be increased very quickly or if you think it is better to do over 3 years to no less than $1650 and to a max of $2750, but you need to spend $300k for rehabbing.Personally, I am not interested in this property because my calculations show that if I raise the rents $40 per year for the next 10 years and after the rehabbing with principal paydown I would earn a whopping $515,000.