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6 February 2025 | 5 replies
My plumber also said that it wasn’t the tenants fault and the city could also make me change the entire sewer line so I shouldn’t get the city involved.
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14 February 2025 | 7 replies
The world of commissions has changed lately and here in Texas they keep us on our toes by rolling out new contract forms monthly.
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30 January 2025 | 5 replies
With an invoice showing "no charge" for fixing the cupboard, this hopefully can't happen again if a contractor changes did mind or has some type of mental lapse.
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10 February 2025 | 6 replies
Make sure to factor in insurance (slight change as rental), property tax (in our market is 2x a primary res), vacancy (3-5% in most markets), capex (old roof?)
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4 February 2025 | 1 reply
.⚠️ Market Changes: A hot market today might cool down before you sell, which reduces the profit.⚠️ Financing Challenges: Hard money loans carry high interest rates that nibble into the bottom line.Unrealistic timelines: If you think you're going to be in and out in 60 days, you're sadly mistaken-most flips take longer than expected.Real Talk: Is Fix and Flip Still Worth It?
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3 February 2025 | 7 replies
In hindsight, they gave loans to people who were terrible tenants, who weren't going to change just because they now owned a house.In response to the Great Recession, higher lending criteria was forced on the industry by the government.
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16 February 2025 | 9 replies
WordPress, especially when paired with plugins like WP Rentals or a property management system, offers more flexibility for custom features like dynamic calendars, booking systems, and integrations with platforms like Airbnb.If you're planning to grow beyond a few properties, WordPress can handle that expansion better since you can continuously customize it as your business needs change.
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6 February 2025 | 3 replies
However, there are tax code changes every year.
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19 February 2025 | 9 replies
If the lender originally did not believe they needed an appraisal, then most likely, something changed due to underwriting and an appraisal became necessary.
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30 January 2025 | 12 replies
@Joel Bongco can you share what changes you had to make to FUB to make it work as an investor CRM?