Samuel Gebretnsae
Seller said "He is not required to disclose water damage repair done"
8 January 2025 | 27 replies
If it is later found to be the work was not performed according to code or properly repaired, we will seek damages from your firm since you knowingly hid this from us and would not allow us to understand the extent of the damage which occurred behind walls.Thank youThis way you are putting them on notice that you were aware damage occurred and they did not allow you to properly inspect it.
Austin Tess
Questions about refi
29 December 2024 | 8 replies
Research comps in the Milwaukee area or connect with a local appraiser to estimate your property’s potential value.Depending on the rental income, you might explore DSCR loans for your refinance, as they rely on property performance more than personal income.
Johnny Lynum
Multifamily vs. Single-Family—What’s Your Take?
17 January 2025 | 20 replies
It’s been a strong performer ever since.
Nicholas Dillon
Vetting a Syndicate
30 December 2024 | 7 replies
If there's a hole, it may be a red flag.b) sensitivity analysis: I examine all the assumptions, and make sure I can live with the worst case scenarios.c) "Stall and see": if they are getting money over multiple years, and there is no penalty for investing later, I would usually wait so I get some real performance data, versus having to look at theoretical pro forma information.d) Recession stress test: I will not invest in anything, until I subject it to recession level stress and see if I can live with the result.
Nate LaBlance
Relocating out of state; how do I show a property & get keys to tenants?
26 December 2024 | 4 replies
But, they have ZERO liability for the performance of that tenant.Second, 97%+ have no idea on how to screen a tenant, other than income = 3x rent and a credit score.
Benjamin Ying
First time investor needing some confidence!
1 February 2025 | 49 replies
Regardless of the market, choosing a reliable property management company is crucial, as their performance can significantly impact your investment’s success.Good luck!
Sofia De Santos Tavarez
How do you determine a scope or work and what materials to buy?
26 December 2024 | 13 replies
For your first question, writing a scope of work (SOW) involves detailing all the tasks and materials needed for your project.
Sergio P Ramos
Would you purposely burn down a property? Crazy? Or not possible?
27 December 2024 | 21 replies
Hauling it away is the bigger task, but cleaning up after a fire is probably even more work.
Jeffery Campbell
Go where the opportunity lies!
18 December 2024 | 3 replies
With time management, sourcing materials and learning how to complete task on your own.
James Masotti
Project management software - how do you manage your projects?
17 December 2024 | 17 replies
These softwares have a lot of functionality, but honestly there is a steep learning curve and the functionality is probably overkill for most rehabbers.FlipperForce - Web-based House Flipping Software built specifically for flipping & rehabbing houses w/ Estimating, Gantt Scheduling, Task Management & Budget ManagementGeneric Project Management SoftwaresThere are nearly an infinite amount of potential generic Project Management softwares available that provide powerful functionality for managing project schedules, tasks & documents.