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6 February 2025 | 13 replies
The electrical is outdated and dangerous, although still functioning.
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22 January 2025 | 2 replies
Seems like they have a big overlap in functionality.
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5 February 2025 | 28 replies
I agree with the comments above.Most important is a fully furnished, comfortable property with the basic amenities: coffee, teas, functional kitchen (all utensils, spices, cooking and baking, etc.)
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26 January 2025 | 48 replies
Quote from @John Underwood: Quote from @Pat Mulligan: Quote from @John Underwood: Nothing that paying for a 3rd party app to automate functions will fix.What apps do you use?
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28 January 2025 | 4 replies
Outside of the police report, I would just ensure all window and doors lock or functional.
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18 February 2025 | 9 replies
Consider using DSCR loans- Cash flow of the property is considered in lieu of your income3.Consider purchasing in a different asset class (Large multifamily) where borrowing will be a function o fthe property income, not yours
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16 February 2025 | 11 replies
HVAC is old but functions - ask for seller to get them professionally serviced if it is not done yearly.
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29 January 2025 | 7 replies
All are perfectly functional now, but could pull higher rent with replacing the flooring, and updating the kitchen.My current financing setup for this deal would be $235,000 from the HELOC I already have secured.
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2 February 2025 | 9 replies
Both screen doors upstairs do not function correctly.Plumbing problems-The garbage disposal in the kitchen was not cleaned, is smelly and the rubber is flipped outwards.The bathroom sink in the smaller bedroom does not drain correctly despite us using an entire bottle of drain cleaner on it.Common areas that are not kept clean or have garbage-There was no attempt to clear the patio of years of accumulated debris and filth.
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27 January 2025 | 1 reply
One thing I’ve always done is focus on the 75th percentile of the rent estimates, as my properties tend to fall into that range (very nice, but small with no amenities).While I think there will always be some manual research involved, the current platforms lack key functionality that could be easily implemented with the available market data and technology.1.Quality Metrics:•Filter comps to match the quality of your rentals.