Griffin Malcolm
Are Solar Panels Worth It?
5 December 2024 | 34 replies
For context, 4 adults and all our tech living here, we were running about $250/mo on average per month for electricity anyway... outside of summer a/c useage. so all in all, its saved me about $2k a year if i had to guesstimate for you (it stays hot here through October usually).i still owe about $23k on mine, have no intentions of selling the house. but if i decide to move out and rent the whole house out, our market would support higher rent in exchange for no electricity bill. i think you just need to decide what YOUR main benefit of having the panels are. for me it was for the house-hack, and consistent billing, despite the usage. if its strictly for property value increase, i'm not sure it would be worth it, pending your specific market.
Craig Salzer
Norada Capital Management notes
1 December 2024 | 68 replies
I'm a little over a year and its consistent and reliable.
Aubrey Ford
Tenants moved in their parents without permission or discussion.
20 November 2024 | 9 replies
It's only after she started consistently being latre with her rent payments I decided to I need a written enforceable lease.
Michael Calvey
Automate Your Short-Term Rental and Get Your Life Back: A Step-by-Step Guide
19 November 2024 | 5 replies
Vrbo and Airbnb sync with each other for free, Vrbo has free dynamic pricing, both platforms send out enough automated messages for me.I check in on guests after they arrive to provide that small personal touch.We get consistent 5 star reviews with minimal effort.
Pinny T.
seeking guidance, practical first steps for starting my real estate journey
20 November 2024 | 9 replies
I see the value in generating consistent cash flow and building long-term equity through this strategy.Available Capital: I currently have 100k available to invest.
Andrew Fidler
Anyone else having problems with LMHA Section 8 in Toledo???
22 November 2024 | 9 replies
I haven't been expanding my business with LMHA since the end of 2016 per my posts above so I don't know exactly what changed, but I expect the outsourcing of inspections to private industry + some executive level leadership + replacement of staff with new faces excited to serve the needs of HUD/Landlords/Those In Need has resulted in an agency I will develop more business with.The HCVP will always be a double edged sword for landlords (See Section 8 Bible discussion) but for now I have discovered it is finally worth the effort to participate in the program.I specialize in Toledo's transition neighborhoods, discounted houses on the edge of nicer areas but also on the edge of trash...the Section 8 program allows me to get long-term tenants who are a good business model provided they are consistently managed and visited/inspected for additional "visitors" (relatives and random dogs/cats) and damage/housekeeping which can destroy a home if left unchecked.You need to know the rules, repair and renovate for long-term durability, prepare for inspections thoroughly and keep a team of contractors who will hold those standards...after 8 years we have been through a hundred inspections.
Brian Felczak
Real Estate Advise and Education
19 November 2024 | 2 replies
If you consistently analyze properties, recognizing a good deal will be much easier when it shows up.
Scott Trench
Syndicator Threatens LPs for Negative Comment about them On BP
26 November 2024 | 86 replies
Having a safe forum for LPs the share their experiences is needed.Cheryl In EVERY business there are two kinds of market participants; the people/companies in it for the long haul, through both good and not so good economic times, consisting of EXPERIENCED, PROFESSIONALS whose careers are dedicated to and dependent on fulfilling the needs of their clients/customers.The other type of participant are in the particular business because it’s OPPORTUNISTIC for them to be in it AT THE TIME.
Ray Hernandez
Becoming A Short Term Lender?
20 November 2024 | 37 replies
Can you make good money doing this if you consistently lend compared to owning a buy and hold prop?
Eugene Lubman
Selling to a family member (or transferring to a trust?)
19 November 2024 | 5 replies
They also have a 'turn key' annuity asset that they can count on for consistent retirement income.