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30 December 2024 | 4 replies
I work with a lot of MTR investors and what I am seeing frequently with multifamily acquisitions, particularly with new investors, is that they often test the property just like you're mentioning, as a way to dip their toes in the water and see what works in their area and for their personal style.
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26 December 2024 | 3 replies
We live in Lakeland, TN 20 miles from the Blue Oval site and I recently had a new BO employee rent one of my homes with a potential to sell in the Spring/Summer of next year.
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12 January 2025 | 25 replies
I flew there and walked the house, looked pretty turnkey rental grade): $1029 GFCI outlets, downspouts and guards, drywall, paint, bathroom vent$4615 (new AC unit since unit was stolen before tenant moved in, didn't file insurance claim because didn't want my premium to go up) $600 (water line, gas line, P trap)$60 lawn mowing$112 thermostat repairMy opinion is that Class C is better for local investors who are on site and know how to do repairs and self manage.
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5 February 2025 | 69 replies
I won't go into details, but experienced investors know what it means when there's trouble with subcontractors getting paid.Started the process of 2 houses in North Port in the spring of 2022.
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30 December 2024 | 6 replies
I recently toured a property in Phoenix where solar power and water-saving features cut operational costs by nearly 20%.6.
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6 January 2025 | 31 replies
Even new machines can experience issues, and when those issues mean that water is leaking all over your laundromat, you’re going to want to respond to that quickly.It may not be that your laundromat requires that many hours in a week of actual work, but the times your laundromat will demand your attention can often happen unexpectedly.In a typical week, we would work 7-10 hours on our laundromat, either being there physically or working remotely.
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19 January 2025 | 41 replies
I'm sure most of us don't say our rentals come with a furnace and hot water tank, but they do and they are not to be removed.
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1 January 2025 | 11 replies
Hi all, my LTR (Boston, built in the 1930's) has some cracks in the basement walls that I didn't think were too serious (owned for 10y, some water and flaking but mostly dry).
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8 January 2025 | 10 replies
So, it is something to be wary of with the liklihood of choppy financial waters ahead. 4.
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30 December 2024 | 7 replies
Their fill hose sprung a leak or something and hundreds of gallons of water poured into the apartment below them.