Claire D.
How thorough are sites like Zillow, Redfin, etc compared to MLS?
5 April 2018 | 6 replies
Their data is pulled and refreshed directly from MLS (MRIS in my DC/MD/VA region), so it's as accurate as the listing agent enters it in the multiple listing service.
Tarl Yarber
SOLD! $76,000 Profit On A Nightmare Flip - I feel like a beginner
6 November 2016 | 80 replies
It's incredibly refreshing.
Matt Stevi
[Calc Review] Toledo, OH SFR - Analyzed by a Newbie!!!
19 September 2019 | 11 replies
And, similarly to the ARV weakness, you might struggle to sell it down the road unless you keep it sparkling and it looks good in pictures.
Chavis Atkins
Release of Mortgage, what does this mean for homeowner and investor
22 April 2015 | 1 reply
Disregard this thread, didn't think it would post twice me refreshing the page after editing moderators.
Aniket Thakur
Triplex Unit - Deal Analysis
26 November 2014 | 11 replies
You anticipate some vacancy but you haven't built in a cost to refresh the unit.
Jen Boyd
Why do property managers suck?
2 October 2020 | 61 replies
.) - no key/lock box, maintenance not finished, utilities not onNo system for ensuring that maintenance was completed as requested (other than resident calling them a week or two later to complain)Late monthly settlement of balance due to the ownerImproper screening of residents leading to lease breaks and abnormal turnoverIncreasing rents without consulting the owner (yes, that actually happened on 8 of my units)Lack of contractor depth leading to maintenance delays, downtime on turns and higher costsLonger vacancy period during resident transitionsNot showing units quickly when contactedNot refreshing adsNot having a good pulse on market rental rates or small items that could help a unit rent faster or for moreGrowing pains that many small businesses faceInexperienced staff with little or no supervision (owner too busy)No system/process to sell renters insuranceNot actively working with a collection agencyOut of all of these, the biggest challenges are/were (1) improper management of contractors and maintenance (2) basic rent collection and systems/processes around due dates and (3) improper screening.The two PMs I used were very hard working and honest people...just lacked proper processes and people.
Kristen Martin
Are pools a nightmare for rental property?
25 January 2023 | 16 replies
My pool is always sparkling clean and I charge for usage to offset the gas costs.
Dale Osborn
Possible problems with title looming
13 September 2012 | 33 replies
One thing I have learned over the years is areas have commonalities but also have different twist and turns.I have learned so much from this site it is amazing.I do agree that accurate information is critical.My learning experience started with "knowledge is power" and then over the years went to "applied knowledge is power".The reasoning is if you do not apply and put into force what you learn then it is not working for you but sitting in your brain collecting dust.Then I finally moved to "applied and accurate knowledge is power".If the knowledge is correct and true and you apply it you will get the best results.There are some grey areas where it's not all black and white but you work to try to find the most accurate answer possible to a situation.I have found this topic interesting as well as the one Rich posted among others.It's refreshing not to see the same topic of a common question asked for the thousandth time on the forum.
Jaideep Balekar
Our 1 year journey to 22 units & $10,000/mo cashflow without OPM
15 April 2023 | 197 replies
Coming from the same background as yours, this needs a real refresh, passion and hard work to achieve.
Kelly O'Quinn
Help Analyzing Flip Deal in Buena Park, CA
6 October 2016 | 12 replies
You make your way over to the refreshments.