Stepan Hedz
Unraveling the Potential of Phoenix's Distressed Property Market
27 January 2025 | 3 replies
Here are a few to watch out for:Property Condition: Most distressed properties need extensive repairs or renovations, which add to your initial investment.Competitive Market: With Phoenix's popularity among investors, competition for the best deals can be intense.Complex Deals: Foreclosures, auctions, or short sales are much more complicated compared to regular real estate transactions and usually require specialized knowledge.Tips to Successfully Navigate the MarketDo Your Research: Understand the local market conditions, including neighborhood trends, property values, and potential rental income.Build a Strong Network: Work with professionals who specialize in distressed properties-such as brokers, contractors, and legal experts-to make the best decisions.Assess Costs Carefully: Factor in the cost of repairs, holding costs, and any potential financing issues when evaluating a property’s profitability.Be Patient: Finding the right distressed property takes time.
Christian Conti
Anyone have any Farmfolio Experience?
3 February 2025 | 5 replies
Bananas and coconuts have similar disease issues.2.
Garrett Brown
What is your biggest struggle in the STR world right now?
26 January 2025 | 48 replies
Interesting, I did not have the issues on mine when I first used but it take a while to get them confirmed.
Angel Mora
Evernest Property Management
29 January 2025 | 25 replies
There were a number of issues, but the big one was a "repair" charge they lied about.
Al Boettger
Residential Assisted Living
28 January 2025 | 42 replies
We use an emr known as synkwise to document patient and business related issues such as compliance issues and certifications for our caregivers.
Braeden Warg
What to pull permits on
27 January 2025 | 8 replies
I have pulled a permit for removing a fireplace, but probably would not have but I had a significant remodel going with permits and did not want hassle of him making an issue of removing the fireplace (the inspection for fireplace removal consisted of only verifying gas cap was in visible location, he did not even spray it).
Cameron K.
Seeking Feedback: Market Rent Research Platform
27 January 2025 | 1 reply
•For example, a listing with three price drops and 180 days on the market would be weighted less than one with 30 contacts, no price drops, and a quick removal after 30 days.3.Open Data:•Provide direct access to each comp’s details: price history, leasing schedules, photos, and even links to the original listing sites—all without leaving the platform.These three issues have been my biggest frustrations with current tools, and I’m building this out for internal use in my market.My questions to you:•Is this something you would want to see in your market?
Henry Clark
LA Fires Taxes and Insurance
31 January 2025 | 2 replies
Or this is a non issue if insurance coverage is not taxable.Many other thoughts and input.
Desiree Board
Advice for a new long term rental investor
3 February 2025 | 27 replies
If you have an issue with that, or are long distance, hiring a property manager is a must.