Clare Pitcher
Leasing In the Winter Months
20 December 2024 | 3 replies
@Clare Pitcher we do 12+ month leases to avoid vacancies Nov-Feb.If we take over an occupied property, evict or have tenancy-abandon a property, we first let the owner know finding a tenant will take longer than "normal".This opens up owners to understanding they may need to:1) Offer 3D tour and floor plans to stand out2) Price more aggressively or be prepared for aggressive price reductions3) Offer MoveIn Specials:- NOTE: we do NOT recommend offering a month of free rent that can be used at MoveIn.
Alex Longinidis
Buying First House Hack
17 December 2024 | 17 replies
First floor has a newer furnace (2016), two units upstairs share one furnace.
Brian Ruland
4 bed 3 bath House Hack
19 December 2024 | 1 reply
Renovated: Added granite, high end finishes and fixures, landscaping, new flooring and painting throughout.
Dina Schmid
Is a Loft a Bedroom?
18 December 2024 | 13 replies
Generally:Minimum size: Most jurisdictions consider a minimum of 70 square feet of floor space.
Hermes Kanaris
Wanna be a surgeon? Dissect this deal with me.
30 December 2024 | 14 replies
Let’s break it down with the 70% rule to see if it’s investor-friendly:ARV: $190,000 (taking the middle of $180K-$200K)70% of ARV: $190,000 * 0.7 = $133,000Minus Estimated Repairs:Roof: $20,000AC: $4,000Additional repairs (general estimate for a property needing updates, say flooring, paint, minor plumbing): $10,000-$15,000Total Repairs: approx. $35,000Max Buy Price for Investor: $133,000 - $35,000 - $10,000 (wholesale fee) = $88,000Since you’re getting it for $91,000, you’re close, but to make it irresistible, consider negotiating the purchase price down a bit further.
Myers Bryan
Floorplan software recommendations?
14 December 2024 | 2 replies
Here are some top-rated floor plan apps that meet your criteria and might work better for your needs:1.
Joshua Parsons
Really long distance investing (International)
19 January 2025 | 46 replies
The bottom floor is not tall enough.
Jeffery Campbell
Go where the opportunity lies!
18 December 2024 | 3 replies
We focus on CapEX before beauty. as a realtor we understand selling or renting homes you have to make the home function, Roofing, windows, electrical and plumbing. after we address these we focused on beautify making sure the upgrades match the area and is forward thinking with color scheme, flooring, and flow.
Peter Dukaj
Comps on a complete renovation
16 December 2024 | 1 reply
Gutted main floor and new construction second floor for added sqft.
Sergio P Ramos
Would you purposely burn down a property? Crazy? Or not possible?
27 December 2024 | 21 replies
in our area that is a real big deal.. we did another demo and left a few pieces of flooring an inspector came on our job determined they had asbestos in them and we violated taking asbestos items to the regular land fill.. that cost me 19k in fines and 18k in lawyer fees to keep the fines from being really big..