Nathan Noorlun
Recommend Property Manager in Sacramento CA
4 January 2025 | 4 replies
Just remember: most negative reviews are written by problematic tenants.
Amol Kulkarni
Amol Kulkarni - I need a PM
5 January 2025 | 4 replies
Just remember: most negative reviews are written by problematic tenants.
Monish Anand
How to find the best Real Estate Agent
10 January 2025 | 13 replies
Most agents paying for leads are inexperienced, which is why they need to pay for leads.Look for an agent with a minimum of 15 years of active experience.
Hamidou Keita
Seeking Advice on House Hacking Strategy: Buying Single-Family Home to Build Duplex i
5 January 2025 | 24 replies
The cost to build will be significantly more than the amount of “value add” of an ADU putting you in a negative equity position.
Rae Chris
Properties, Networking, Advice,
2 January 2025 | 13 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.
Stephanie Menard
Expensive lesson by leaving one clause out of rental agreement
14 January 2025 | 39 replies
The fact is that anyone who takes, leads, or carries away the property of another with the intent to convert it to their own use or deprive the owner of it is committing a crime.
MIchael McCUe
Is debt relief a good idea, filing bankruptcy
9 January 2025 | 14 replies
Quote from @MIchael McCUe: Money isn't easy to save and $10,000( my debts) is a ton of money I want to save for a downpayment, I'm just starting so I don't have any money I would like to save $60,000 to buy a rental property, I think I could do it in 5-6 years, my brother filed bankruptcy and they relieved him of $6000 in debt from cash money.a list of my debtGst Hst Tax 4500 income tax from working with my dad I oweScotiabank credit card 1400Canadian Tire credit card 500cash money loan 2400Belair 600echelon 600should I pay the 10k back in the next while or should I file bankruptcy like my brother as It won't be for years until I am able to get a downpayment for a rental house anyway.Here are the negative consequences, in regard to real estate, of filing bankruptcy1.
Darron Pierson
Jerryll Noorden's system
28 December 2024 | 26 replies
I am discouraged but by no means stopped by my negative experience with Jerryll Noordan.
Marc Shin
refrigerator water dispenser is not working
2 January 2025 | 25 replies
No matter what you do I think you are going to have guests point out that something isn’t working which could lead to annoyance or requests for refunds or bad reviews.Plus, providing bottled water over the long term probably isn’t going to save you much money compared to paying a plumber to get the fridge connected.
Rob Barth
Renting properties at or below mortgage payment
9 January 2025 | 12 replies
Well even if the rent is equal to the mortgage, you'll still be in the negative after repairs, CapEx, vacancy, etc.Why would you specifically be thinking of investing at a negative cash flow?