Phillip Austin
TREND - PM companies offering financial assistance for security deposit down payments
27 December 2024 | 8 replies
It’s really damaging to tenants.
Kendric Buford
Multifamily Newbie - Tips & Feedback (Out of state/Ohio)
1 January 2025 | 12 replies
@Kendric BufordRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Gaetano Citera
New construction: Pre Fab or Stick Built
25 December 2024 | 4 replies
What happens if the box shows up wrong or damaged?
Adam Ortiz
Buying my first investment property out of state?
28 December 2024 | 8 replies
@Adam OrtizRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Mindy Jensen
Contractors: If I Buy Materials, Do You Still Need a Downpayment?
31 December 2024 | 66 replies
The customer signs our contract , we get 1 /3 down .Now people tend to thing thats for materials , thats partially right , First it secures you a time frame , if you cancel we keep the deposit as liquidated damages .
Lee Ripma
Understanding Kansas City Neighborhoods and Zip Codes
25 December 2024 | 12 replies
Weather also makes insurance more expensive - wind and hail damage properties.
Anita Z.
How do you screen an STR tenant ?
25 December 2024 | 22 replies
Airbnb offers $3M damage protection insurance (AirCover) if guests don't pay for the damages they cause, and $1M liability insurance if a guest gets hurt or their belongings are stolen.That being said, I too do not allow instant booking or most last-minute long-term bookings out of nowhere.
Steve K.
Due On Sale Clause About to Become More Common?
12 January 2025 | 185 replies
Breach of contract makes you liable for damages, but isn't a criminal act.
Adam Oldham
Is Wall Street Crowding Out Indianapolis Home Buyers?
23 December 2024 | 8 replies
Side note; if you google 46218 the only photo that shows up is a gross water damaged basement.
Richard Bautista
Too good to be true to have connected with a real estate agent who has a whole team?
8 January 2025 | 29 replies
Despite the risk of losing their Section 8 status, tenants rarely pay their share.There is likely to be significant damage caused by Section 8 tenants.