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19 December 2024 | 1 reply
What is the best overall water metering company you have found when it comes to ease of installation, reliability, and the cost of the equipment and monitoring?
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7 January 2025 | 11 replies
-------------------------------------------------------------------------------------------------------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 property in Class D area to Class A standards, what quality of tenant will you get?
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31 December 2024 | 6 replies
Quote from @Khaled El Dorry: I have a portfolio of 3 SFH's (2 in Jax and 1 in ocala) and 1 duplex in port charlotte (never flooded or damaged due to hurricanes) that have done very well for me.
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30 December 2024 | 24 replies
We were also able to recover $1,550 in liquidated damages from that resident which meant that you were not out of pocket at all for that property turn.
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16 January 2025 | 78 replies
My PM, who did not know my realtor, said the house looked good, nothing needed to be done, and got it rented.Turns out both were terrible, the house needed new HVAC, AC, windows, Doors, Pipe fixes, Water Heater, electric line, I found all this out after my Tenant Sued us because of the house's condition.We spent a 9 months of the tenants chasing off contractors before we got it repaired and the tenants out, then the judge granted us all our rent so we finally go that.
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30 December 2024 | 16 replies
They were never particularly nice, beach cabins on stilts with rattan furniture that usually had water stains from wet suits.
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2 January 2025 | 11 replies
That led to uncovering significant water damage throughout the first-floor unit's bathroom, forcing an immediate renovation.
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5 February 2025 | 54 replies
You may not need to visit each property you buy in that area though.4) Unless you are buying Class A turnkey, you should have a PMC.5) See below copy & paste info:-----------------------------------------------------------------------------------------------------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 property in Class D area to Class A standards, what quality of tenant will you get?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1764639/small_1696449838-avatar-danielm870.jpg?twic=v1/output=image&v=2)
4 January 2025 | 4 replies
You could easily be $100k in for water/gas/power/sewer if you’re talking 4+ lots.
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19 January 2025 | 47 replies
The issue I see is smart contracts/tokenized real estate and traditional real estate investors is like oil and water.