
24 January 2025 | 36 replies
I agree with @Gregory Schwartz that as long as your eyes are open, you are asking good questions, you have resources and have surrounded yourself with a good agent and PM, take the leap and learn as you go.

7 January 2025 | 5 replies
What you can do is get a report what the properties were listed for, on the MLS and take a guess.

20 December 2024 | 9 replies
In our lovely state of WA once the removal is approved, it could take another week or two until the sheriff gets to the property and posts the legalese paperwork on the door(they are busy), basically telling the bum that he will be tossed on XX date.

12 January 2025 | 25 replies
We didn't buy much from the MLS and if we did, it was either a "handyman special" or it had been on the market 180+ days with a motivated seller willing to take less than market value.This will be the "new normal" going forward and a lot of newer investors will drop out of the acquisition market and just hold what they have.

7 January 2025 | 3 replies
If you buy less or take cash out you will pay tax on that amount.

8 January 2025 | 6 replies
@Haley White that’s awesome you were in a position to be able to pivot and take advantage of the market.

18 January 2025 | 36 replies
I like using these for just this case.Another item to consider is since this is a 2nd floor I wouldn't be that worried since the 1st floor will heat the 2nd floor enough to not allow frozen pipes.I would also talk to an HVAC person because I believe they can also put a device to cycle the heat a few times a day or even put a secondary thermostat in the apt to take care of the minimum issues.I feel for you because otherwise you have a great tenant.

5 January 2025 | 7 replies
@Jason Dubon I take the cost of all appliances and divide it by 5 (avg lifetime of appliances these days) to estimate annual cost of appliance replacements.

3 January 2025 | 11 replies
However, if i would take 100k home equity on a rental A (ex. 100k) and use 50k each (same as above) for 2 rentals (B & C).

8 January 2025 | 9 replies
It only takes a few minutes to comply, and this way, you don’t have to worry about any decision they finalize on later.