Mustafa Shaikh
RAD Diversified Review — It Wasn't Pretty
8 January 2025 | 146 replies
“L&I has to often prioritize, and the things that get prioritized are things like fire safety issues, hazardous buildings,” she said.
Alec Barnes
How Do You Ensure Quality Tenants?
9 January 2025 | 12 replies
This includes contacting the applicant’s employer and speaking with their supervisor to confirm job stability, income, and reliability. if the person has not been employed at their place of employment they would require a guarantorCredit Score and Debts: Applicants need a minimum credit score of 620, and while we review debts, medical debts are generally not disqualifying unless they impact overall financial health.Criminal History: We do review criminal history to ensure safety and security for our tenants, while remaining mindful of state and federal guidelines.Rental History: Positive references from past landlords, with no evictions or significant lease violations in the past five years, are essential. and we can see into the court system if they have an eviction judgement.Release of Information: We include a release form allowing us to verify employment and rental history directly, which helps us get a clearer picture of an applicant’s background.This process has worked well so far, but I’m always open to improving.
Alex Bockey
AirBnB; what's better, condo or house?
27 December 2024 | 8 replies
It's so nice to have that safety net.
Zachary Kessler
Section 8 Rentals
24 December 2024 | 5 replies
I'm not saying the list is ridiculous, because all safety concerns should be addressed.
Vincent Plant
Hard Money Costs Too Much?
13 January 2025 | 15 replies
This provides you with a safety net for any unexpected expenses during the rehab process while also potentially allowing you to secure higher leverage on the purchase price.
Kiley Costa
Pay Off STR or Invest in Another Property?
11 January 2025 | 9 replies
Plus, having a fully paid-off property could be a nice safety net if the STR market takes a hit or occupancy slows down.On the flip side, if you’re eager to grow, saving for another property could be the better play.
Taylor McClure
I’ve heard of buying pre-foreclosures, anyone have experience?
5 January 2025 | 7 replies
Like you we had 3 teams of two door knockers 2 for safety one women one man.. and we door knocked every NOD in our 2 mil MSA all to boil it down to if we were very lucky to get 2 to 3 deals a month.. now we were a little different I only would buy very high equity deals.. and we leased back .. because as you state 99% don't want to leave..
Briar Blake
Property Managers Violated Contract
7 January 2025 | 11 replies
However, in emergencies or cases involving health and safety, we would attempt to contact the owner first and, if unsuccessful, proceed with the repair as outlined in the contract.Regarding the hot water heater, do you know if it genuinely needed to be replaced?
Tom Hall
is it a good idea to pay of my mortgage fast?
6 January 2025 | 28 replies
If you want safety, pay off the property.
Karin Recalde
Purchased property listed and sold as a triplex just found out from city it is a SFH
8 January 2025 | 26 replies
The marketing/advertising firm, aka RE broker, is not the expert in building codes, zoning, structural engineering, neighborhood safety, etc.As a prudent investor, always do your own due diligence or you'll end up being (unitentionally) misguided by a RE broker's information.