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Results (10,000+)
Samuel Gebretnsae Seller said "He is not required to disclose water damage repair done"
8 January 2025 | 27 replies
I understand the seller wants to move froward, but if they are not willing to give you information on the asset that you're purchasing, that is certainly not a good sign
Alex Iverson Reelvest, Land Conquest, Turning Profit, Pete Reese
24 December 2024 | 4 replies
Quote from @Robert Gunn: I would also be very interested in hearing student or JV experiences with Pete and his program.I stumbled upon him by chance and for fun (I've been investing in land for years) signed up for his "free" course, which he promises after he pitches his $499/mo software system (which is basically an overpriced CRM) and then after the first "Level" in the course, you are directed to a pay page to access the rest of the "free" course.  
Tove Fox Residential vs. Commercial Real Estate Investing?
5 January 2025 | 13 replies
@Tove Fox - Residential Real Estate InvestingPros:Lower Entry Costs: Easier to get started with less capital required.High Demand: People always need homes, making demand relatively stable.Easier Financing: Mortgages are generally easier to secure with favorable terms.Simplicity: Easier to understand and manage, especially for beginners.Flexibility: You can use it as a personal residence or rent it out.Cons:Tenant Turnover: More frequent turnover leads to vacancy and more management.Lower Cash Flow: Income potential can be modest compared to commercial properties.Emotional Buyers: Residential prices can be influenced by emotions, leading to price volatility.Maintenance Burden: Landlords often deal with repairs and maintenance, which can be time-consuming.Commercial Real Estate InvestingPros:Higher Income Potential: Stronger cash flow and higher returns are common.Long-Term Leases: Tenants often sign longer leases (3-10 years), reducing vacancy risk.Professional Tenants: Business tenants tend to take better care of the property.Valuation Based on Income: Prices are based on the income the property generates, not market emotions.Shared Costs: Tenants often cover property expenses like taxes, insurance, and maintenance (via triple-net leases).Cons:High Entry Costs: Requires more capital or partnerships to get started.Complex Management: More expertise is needed; you may need a professional property manager.Economic Sensitivity: Commercial properties are more sensitive to economic conditions.Challenging Financing: Securing financing can be harder, with stricter terms and higher interest rates.Zoning and Legalities: More complex regulations compared to residential properties.Key Differences:Risk: Residential tends to be lower risk, while commercial offers higher rewards but with greater risk.Management: Residential is easier for DIY investors, while commercial properties usually require a team.Scalability: Commercial properties are easier to scale, offering more potential for significant cash flow increases.
Mindy Jensen Contractors: If I Buy Materials, Do You Still Need a Downpayment?
31 December 2024 | 66 replies
AND Its my contract the customer signs .
Chris Kelly Tenant smoking weed but can't prove it
25 December 2024 | 28 replies
They can choose to leave and you can both sign an agreement to terminate the tenancy, or, you are going to file for eviction and it will probably wreck their credit. 
Gene D Stephens Experience with Adverse Possession?
30 December 2024 | 7 replies
Suing was their way to create a record...coincidentally the client probably would have just signed an easement for them without the suit...but they chose to file first and then discuss. 
Marc Shin Boardgames and other low cost amenities in STR
28 December 2024 | 19 replies
I even have my renters sign a liability waiver upon arrival, which I never had one person refuse to sign one yet.  
Stephanie Menard Expensive lesson by leaving one clause out of rental agreement
19 January 2025 | 41 replies
I did add a clause about personal property and plan to go through the inventory with the new tenant, who will sign upon moving in.
John Burtle Building my first spec home!
31 January 2025 | 29 replies
If anything, have a small sign in front of the house that says who the builder is and phone number (that's common for contractors to do, and also so that neighbors feel they have some to call if there is dust blowing from the site or whatever), and then you may have people calling you asking about availability (people always want something more that they had to chase and can tell their friends the story of how they got the house). 
Sofia De Santos Tavarez How do you determine a scope or work and what materials to buy?
26 December 2024 | 13 replies
Then they won't need an upfront payment for work they haven't provided yet.Also, get a signed contract, copy of the drivers license, contractor's license and be added to their liability insurance.