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3 January 2022 | 4 replies
Which hooks in the topic of taking tooooo weak tenant buyers typically by new investors.
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18 January 2022 | 5 replies
Doesn’t matter - it’s whiny and weak.
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23 January 2022 | 10 replies
Nice Guy, many tenants will see that as weakness and take advantage of your kindness.
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5 September 2022 | 11 replies
Unfortunately it's too late in the game for a new agent, so tell him to communicate and negotiate only via email, that mitigates his weakness to some extend.
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18 September 2022 | 0 replies
lot of time wasted and money spent - just rip it out-Buy a home warranty - the AC was weak - we tried to push through with leaving it as is with a tune up.
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19 September 2022 | 1 reply
I’m analyzing a smaller, 13 unit building and wanted someone with more experience to review my numbers and see if I’m on the right track:Income7 Storage Unit (8' x 7' x 31'): $895/m6 Storage Units (9' x 9' x '31'): $1,800/mTotal: $2,695ExpenseMaint/CapEx/Vac (15%): $404/mUtilities: $143/mInsurance: $133/mTaxes $291/mDebt Service$163,363 | 5.5% | 20 Years | $1,124/mCash Flow $600/mPurchase Price$204,203The “Improvement Tax Value/Total Tax Value” percentage is weak so the depreciation is lacking, making cash flow the preferred strategy.My main questions are:Am I analyzing this effectively?
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23 September 2022 | 8 replies
Thats fine, just understand what your weaknesses are.
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20 September 2022 | 1 reply
It shows a sign of massive weakness.
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5 October 2022 | 9 replies
I only buy weak tenants when IN PLACE rent is way below market and the cap rate is high for in place income.
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30 September 2022 | 2 replies
Tersely if a buyer is weak enough to not be able to get a bank loan to buy, needs seller financing, there's other issues in play the seller / lender needs to protect themselves.