Poonam Barad
Anyone done mentorship bootcamp offered by Richard Garcia? Any reviews/feedback?
16 September 2024 | 35 replies
Talk to inspectors, local contractors and start walking properties (ask a local investor if you can tag along if they have projects in the works )- you start getting a sense of how much renovation costs are, what are major safety issues and what's minor, what your offer price should be, and the ARV.I can't speak to the mentorship program since I'm not in it.
Brian Zawacki
What are deal breakers for you in an inspection report?
13 September 2024 | 1 reply
In my experience, inspections are typically about safety, not whether something is up to code (that's what the town building inspectors are for).
Nadir M.
Tenant doesn’t want to place TP in waste basket
23 September 2024 | 81 replies
I will say when they moved in, I had to replace the washer, the microwave, the carpet in the entire basement (required), the safety sensors on the garage.
Raja Shine
Tenant moved out breaking lease; default on rent since move out.
15 September 2024 | 7 replies
DEFAULTS Tenant will be in default if: (A) the Tenant don’t timely pay rent or other fees and charges they owe; (B) Tenant or any guest or occupant violates this Lease, property rules, or fire, safety, health, or criminal laws, regardless of whether or where arrest or conviction occurs; (C) Tenant abandon the property; ....When Tenant is in default, the Landlord has the option to declare the entire balance (all outstanding balances including but not limited to invoices, rent, cost due to damages/abandoning the property) payable hereunder to be immediately due and payable; the Landlord may exercise any and all rights and remedies available to Landlord at law or in equity and may immediately terminate this Agreement.XVI.
Jin Park
Blue Ridge, GA - Seeking Recommendations for Insurance and Handyman Services
13 September 2024 | 6 replies
Ensuring the safety and security of my guests and property is of utmost importance to me.
Bob Martin
New Section 8 investor
13 September 2024 | 4 replies
The inspection requirements can vary, but properties usually need to meet their safety and livability standards.
Patricia Andriolo-Bull
VRBOs new Terms of Service
12 September 2024 | 17 replies
Have you tried looking in private or incognito mode to see what the public is seeing?
Chris Seveney
Significant Increase in Posts For Financing...
16 September 2024 | 43 replies
We like the safety and security and less work of the smaller portfolio with low risk.
William Pichardo
Need Advice: BRRR Strategy for 1st Time Buyer
12 September 2024 | 15 replies
Here are the variables you'll need:ARV (After Repair Value)Estimated Repairs (add a 10% contingency)Estimated RentPurchase PriceEstimated PITI (Principal, Interest, Taxes, and Insurance) on the refinance sideIf you know these values and ensure that your all-in cost (purchase price plus repairs) is 75% or less of the ARV, and that your rent will cover PITI + vacancy + maintenance + property management, then it's a deal worth pursuing.The BRRRR model is a fantastic way to build a portfolio and is still very feasible—even in 2024.If you're interested in more info, feel free to shoot me a DM—we can connect, and I'd be happy to assist you.
Don Konipol
Why I Believe Many Investors Have the Wrong Goals
13 September 2024 | 20 replies
I have personally utilized numerous creative strategies and techniques to accelerate my wealth, while still making judicious use of leverage to provide a reasonable margin of safety with each deal and a very strong margin of safety for my portfolio as a whole.