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6 January 2025 | 10 replies
DSCR is going to be your best bet here.
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13 January 2025 | 31 replies
Sounds like you have a pretty poor security system.Even with a good security system, having a tenant provide ID is the first step in a professional screening process.
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30 December 2024 | 5 replies
The tenant will legitimately claim the seals were of poor quality to begin with.
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11 January 2025 | 9 replies
Those can indicate poor management, deferred maintenance, difficult and expensive upkeep like ocean front which will bring up issues with rising oceans, insurance, and hurricanes.
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7 January 2025 | 8 replies
To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!
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5 January 2025 | 4 replies
To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!
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5 January 2025 | 8 replies
(Foundation, etc)4) Black mold, asbestos, lead paint, other other costly repairs. 5) It need significant cosmetic repairs where the purchase price just isn't worth it. 6) They may have an odd layout of the rooms. 7) Non-compliant septic.8) Trouble with permits or tenants9) Listing agent has a poor or incorrect listing.
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5 January 2025 | 7 replies
Personally I like the Section 8 program when the property is located in a super poor area with a ton of blight and crime.
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30 December 2024 | 1 reply
It's a combo of low housing supply, higher interest rates vs. seller expectation, and a poor economic outlook for the country.As an investor with a few rentals it's like like the parking brake is stuck on.
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10 January 2025 | 15 replies
Your best bet is to go to real estate networking events near those areas and talk to those who have invested in those areas.Best of luck!