Michael Perreira
Self insured rental prop
16 May 2024 | 1 reply
With insurance companies canceling policies and raising rates has anyone uncovered a way to self insure rental properties?
Gabe N.
need advice on lawn maintenance
15 May 2024 | 6 replies
It may be easier to let the lease end and start fresh.
Cynthia Lucas
Highlight/flag EXISTING survey stakes or NEW survey?
15 May 2024 | 3 replies
Sure enough, we go beating through the weeds on the hill and find an old stake about 3 feet in from the new, fresh looking stake.
Frank Barletta
Is Syracuse, NY really a dump?? Maybe not.
16 May 2024 | 8 replies
There’s an observed increase in sales volumes and a moderate appreciation in house prices, coupled with a significant interest in affordable housing in the search data.Opt for cost-effective updates that improve structural integrity and aesthetic appeal, such as new fixtures, fresh paint, and updated kitchens and bathrooms.
Dawne Morris
Need Refinancing advice
15 May 2024 | 13 replies
If the house is really worth $415k, I would price it for a quick sale (maybe not as low $325k) and get a fresh slate.
Christopher DeAraujo
heat included in rent?
14 May 2024 | 6 replies
@Christopher DeAraujo I am in the process of getting out of the business of paying for tenant heating given the volatility of oil prices and having seen 5/20 tenants put their heat up to 78 and keeping their windows open for fresh air when it was -20 degrees outside.
David Ounanian
How do I conduct due diligence on a property before making a purchase?
12 May 2024 | 1 reply
Research comparable properties in the area to gauge pricing, rental rates, vacancy rates, and demand.Property Insurance: Obtain quotes for property insurance to understand the potential costs and coverage options.Survey: Consider getting a property survey to confirm boundaries, easements, and encroachments.Due Diligence Contingencies: Include due diligence contingencies in your purchase agreement to allow time for inspections, assessments, and resolution of any issues uncovered during the process.Risk Assessment: Identify and assess potential risks associated with the property, such as market volatility, tenant turnover, maintenance costs, or regulatory changes.Exit Strategy: Develop a contingency plan or exit strategy in case the investment doesn't meet your expectations or unforeseen circumstances arise.By thoroughly conducting due diligence, you can minimize risks and make an informed decision about purchasing the property.
Nicholas Pisano
Help writing a lease for a rookie!
11 May 2024 | 6 replies
We are inheriting tenants in the upstairs apartment and need to present them with a fresh lease.
Nathan Frost
Overleveraged Advice Please Help
14 May 2024 | 125 replies
Then, when clear, come at it fresh BUT with a focus that your going to do all things, answer all questions, all "feelings" with MATH.
Anna Hitrov
New Assistant to Real Estate Investor Seeking Guidance
10 May 2024 | 2 replies
What are some proven strategies for uncovering promising investment properties?