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7 January 2025 | 16 replies
It is also great to change small but specific terms and conditions due to it not being just one tenant anymore.
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9 January 2025 | 5 replies
The main condition was I had to have the downpayment (20%) first, close the deal, and then execute the owner financed 2nd mortgage.
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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.
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13 January 2025 | 9 replies
It isn't just the condition of the property but ownership situations like this.
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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
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18 January 2025 | 11 replies
.- **Proactive maintenance**: Regular inspections and quick resolution of maintenance issues to keep tenants happy and properties in good condition- **Transparent reporting**: Clear and detailed financial reports so you know exactly where your money is goingIf your current PM isn’t meeting these standards, it might be worth exploring other options.
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16 January 2025 | 10 replies
., title search, property condition, and liens).
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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.
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21 January 2025 | 35 replies
Remove caulk depending on condition could take 1/2 hour.
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6 January 2025 | 7 replies
My condition was that they rent the house for 1% of the costs and sign a 3 year lease.