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Results (10,000+)
Elizabeth Rose Underwriting a PadSplit deal - assumptions and operating expenses
4 December 2024 | 9 replies
I imagine it's higher than a typical single family rental considering it looks like the host usually ends up paying for any damage caused by tenants due to a variety of reasons (tenant refuses to pay, damage happened in a common area and it's not clear what tenant caused it, etc.).- Rental loss - PadSplit claims they collect 97% of rents, but I've spoken to a few hosts who have said that a much larger % of their tenants get kicked out owing $500 or more in back rent that is rarely ever collected - what's your experience been here?
John Mucilli Who is really successfully using DealMachine?
6 December 2024 | 34 replies
I have yet to see code violations, water shut offs, and fire damaged properties. 
Josh Holley Seller won’t return EM
31 December 2024 | 97 replies
I'm not an attorney, I haven't been hired to litigate damages and go back and fourth trying to prove or disprove who knew what when. 
Nathan Frost Update - Detroit Deal
18 December 2024 | 45 replies
Not enough damage to make it worth it to pursue them, but the trail camera worked as intended 
Stephen Dispensa Investing Throughout Tampa Bay post Hurricane Helene and Milton Info
2 December 2024 | 1 reply
Since most of the homes that flooded took on electrical damage, you will almost certainly need to file a permit to do renovation as you will need the electric company to shut the power off, provide temporary meters, and turn the power back on.
Fakaradin Floyd Advice on my STR pitch and overall Rental Arbitrage advice (Alexandria VA)
30 December 2024 | 89 replies
I will take on all the risk whilst always making sure the property is in a selling condition at all times and professionally cleaned and maintained, and if there's any damages my insurance would cover it.
JD Martin Do you have inspection & hoarding clauses in your leases?
2 December 2024 | 7 replies
Hoarding becomes a violation when it presents a fire hazard or other safety issue, attracts pests, or potentially damages the property.
Rene Hosman How do you approach saving for your next real estate investment?
5 December 2024 | 5 replies
Hi @Rene Hosman -In a nutshell, I find motivated sellers and tenants with damaged credit (or ones without a large enough down payment) and work to put the tenants in the seller's house with an option to buy.
Zach Watson Home Inspectors in Indianapolis
1 December 2024 | 8 replies
Basically, they are abbreviated inspections that focus on the more expensive liabilities that investors are looking for instead of under-caulked windows and damage to drywall.
Mitch Davidson Anyone experienced with renting to FEMA?
3 December 2024 | 3 replies
We have an STR in Swannanoa that wasn't damaged and have had several week+ long bookings since the storm (including Army Corps of Engineers, etc).