Toby Khan
Wichita, KS Investors
9 January 2025 | 107 replies
That's not exactly an up and coming area -- I'd research who built them - can likely find that by going to the SG County Recorded Docs site or by seeing who pulled the permits during const -- Wichita has been on a duplex building boom -- look at the tax value -- They probably have that or less in it on the build - I also doubt they were built to be quality long term -- things such as the trim/cabinets etc -- they all look like the cheapest stuff a guy could buy - if the cabinets aren't oak and there is MDF or pine trim and pre-hung doors with engineered wood jams I'd run. 2-3 yrs ago for $180k -205 or so you could buy duplexes in Maize, Kechi, Valley center all day to builders that were selling them off to investors - not worth that in that area.
Manuel Angeles
Eric Spofford Section 8 Course
7 January 2025 | 27 replies
But when you start getting into the thousands of dollars on this stuff it just feels predatory.
Steve K.
Due On Sale Clause About to Become More Common?
12 January 2025 | 185 replies
People could save themselves the risk if they would just use the right teachers.I actually hadn't read any of your stuff previously, was just "knowledge vomiting" from my own head and opinion.
John Cooper
Difficult Tenant: Escalating Issues & Safety Concerns
25 December 2024 | 10 replies
I’m sure they’ve violated all the stuff you’ve mentioned but why don’t you just give them notice and do whatever your local eviction laws states?
Danielle DeCormis
Section 8 vs. Standard Lease - Pros and Cons
19 December 2024 | 5 replies
Most are careful about losing their valuable voucher so they are usually good about stuff.
Mark G.
What are your favorite tools/software for Fix-N-Flip
21 December 2024 | 12 replies
It's similar to a GPC in downtown DC, it may get you close but you will be jacked up if you can't apply some other stuff yourself.
Tar-U-Way Bright
How could I use my LLC
24 December 2024 | 14 replies
As long as you keep track of everything and report correctly you should be good to go.I'm always in the camp to Keep It Simple Stupid when it comes to running stuff through LLCs until you hit a certain critical mass of assets and/or income.Hope this helps!
Matthew Morrow
4 out of 5 new tenants evicted or arrested....
17 December 2024 | 16 replies
I also wouldn't be where I am today in terms of my contacts and relationships with vendors, to be in a position to self-manage confidently out of state.All that being said, if another deal with the same amount of hair on it presented itself to me today, I would pass simply because my risk profile has changed.
Zechariah Troth
Southern Tier Investing
17 December 2024 | 5 replies
Lot less multifamily which is why I haven't bought but it is where I grew up.Make sure you study the eviction laws, I believe tioga County (but could be a different close county im not sure) my lawyer told me that you now HAVE to pay to pack up an evicted tenant professionally and store it for months at your own cost if they leave their stuff behind.
Gordon Cuffe
Old member introduction
17 December 2024 | 7 replies
The initial video that I took of the home had 510k views on Tiktok because of how much stuff was left and how bad of shape the home was in.