Akshay Monga
Automating Deal Analysis: Programmatically Pulling MLS Data & Rating Property Conditi
2 January 2025 | 0 replies
I’ve been manually scouring Zillow/MLS for deals, but it’s time-consuming, and I’d love to streamline this.2.Has anyone experimented with using machine learning models (like classifiers or regression models) to rate properties based on their condition from MLS listing photos?
Jeanette Land
Next up: Turnkey property
8 January 2025 | 10 replies
I have little confidence in turnkey providers, deals are already hard to come by, if they take another 20% cut before.. much better to buy a property from an owner that is in good condition.
Collin Luckett
Raising Money / How to Structure
9 January 2025 | 9 replies
If you sell your full interest you may get push back but contracts in MN are assignable unless otherwise prohibited.
Tom Dieringer
Giving VRBO a head start on Airbnb
28 January 2025 | 19 replies
It all depends on the market, economic conditions, seasonality.
Veronica Mitchell
Next gentrifying neighborhoods in and around Chicago MultiUnit
20 January 2025 | 33 replies
@John Clark haha in Albany Park there are now million+ new builds and 2 units in average condition sell 5-600s.
Michelle Wang
Frustrated Massachusetts Landlord Seeking Advice on Dealing with Problematic Tenants
27 January 2025 | 13 replies
I had an experience with a terrible tenant who reported me for a bogus claim but by making the claim it allowed me to gain access needed to get photos of the condition of the property, and then the tenant refused to allow maintenance people in which really helped prove my side of the situation.If possible, explore alternative dispute resolution options like offering the tenants a cash-for-keys agreement.
David B.
“Live In” Flip Advice!!
14 January 2025 | 10 replies
I know conventional lending could become an issue depending on the condition of the property.
Matthew Cook
High End Home Flip
9 January 2025 | 4 replies
It would be based on the scope of work of the renovation that you're doing comparing for values in its as is condition and values after rehab
Chris Magistrado
Defining Crystal Clear Criteria (CCC) for Large Multifamily Investments
9 January 2025 | 0 replies
Property ClassProperties are categorized by class, impacting their quality, condition, and investment profile:Class A: High-end, newly built, prime locations, attractive to institutional investors.Class B: Good quality, older than Class A, with minor deferred maintenance.Class C: Older properties with dated amenities, but value-add opportunities exist.Class D: Distressed properties in less desirable locations with high risks but potential for significant improvement.4.
Kyle Carter
Screening tenants effectively
7 January 2025 | 5 replies
Hello Kyle,When screening applications for the properties that I manage, I always look for:- Income of at least 3 times the monthly rent (verified through the employer)- Credit score of 580+- Rental verification with past landlords (no outstanding balances, no late payments, and the property left in acceptable condition)- No history of collections, evictions, or criminal offenses- No overdue debt (except medical debt)I have found this screening standard very helpful when finding tenants who pay on time and treat the property well!