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4 January 2025 | 25 replies
He doesn't have to worry about a rough needing replaced or a tenant causing $20k in damages after one year living in property.
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26 December 2024 | 18 replies
The crash caused significant structural damage, and the driver fled the scene, later reporting the vehicle stolen.
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31 December 2024 | 3 replies
This also allows for property owners to more easily write-off assets that get damaged/destroyed as the value of these assets is determined as part of the study.
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30 December 2024 | 16 replies
The lower your price, the worst guests you attract, both in reviewing you and in doing damage to your furnishings.
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28 December 2024 | 11 replies
Also, consider this copy & paste advice below:Recommend 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 Class A property in Class D area, what quality of tenant will you get?
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26 December 2024 | 7 replies
I hope you or someone is at least keeping an eye on your properties for break ins, squatters, roof leaks, temperature control, frozen pipes (if in cold climate), if you have a basement and sump pump goes out leading to water damage etc.I just talked to two investors in California that have let their properties sit vacant (no mortgages so paying property taxes and insurance).
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26 December 2024 | 21 replies
This slippery slope leads to practices that harm clients, damage reputations, and erode the foundation of trust that’s essential in the real estate investment industry.As brokers and lenders, we should celebrate the success of our clients.
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27 December 2024 | 13 replies
They were here for three years, paid a day early, and did very little damage to my place.
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27 December 2024 | 27 replies
One of the biggest challenges of investing in Rustbelt cities is knowing where to invest and properly understanding the cooresponding pros & cons.Here's copy & paste advice we share to help to address this challenge:-------------------------------------------------------------------------------------------Recommend 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 Class A property in Class D area, what quality of tenant will you get?
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4 January 2025 | 67 replies
Won’t use metal spikes since they would damage the trees.