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14 May 2024 | 21 replies
Class B would be older (maybe 10+ yrs old) with the same amenities, or you could argue that new construction, but with cheap finishes and "bare bones" amenities, would also be B.For area: it commonly comes down to crime, schools, and convenience/entertainment access.
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13 May 2024 | 9 replies
Also, there are no doors or trim in the house, and one of the bathrooms is bare studs.
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12 May 2024 | 5 replies
We have been in the Smokies a long time, and many guest accidents, some of them life threatening over the years, could have been avoided with an annual risk management walk-thru:- Loose or rotting steps- Nails poking up through deck boards- Stinging insect hives or infestations- Ceiling fans that are barely hanging on- Loose deck, stair, and landing railings- And oh, about a hundred other things!
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12 May 2024 | 6 replies
For example, if in the rental application you don't put xyz it's illegal and you can get suedif in the rental application you mention xyz it's illegal and you can get suedif you put clause xyz in the lease, it's illegal and you can get suedif you don't put xyz clause in the lease, it's illegal and you can get suedif you sign the lease wrong, the whole lease is void and you don't have a leaseif you don't provide xyz to the tenant, you can get suednot to mention how unfriendly my state is with respect to landlords, if a tenant is not paying rent, good luck evicting them. plenty of properties in my market for dirt cheap because it has deadbeat tenants and nobody wants to deal with them.yes in an ideal world I have 20 lawyers and accountants on speed dial who I can call any time, but lawyers and accountants are expensive and I have done the math, at best if you are really lucky you can barely cover your mortgage, I don't have money for a lawyer.
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13 May 2024 | 18 replies
I'm aware of a couple off-market deals that I've dug up for other investors, and I know a local investor that owns over a hundred of units that he'd consider selling, all the way from bare land, to single families, to multi-units including several apartment buildings.
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14 May 2024 | 164 replies
If you don't leverage yourself with millions of debt, then real estate will probably just barely beat the bond market but with a lot more maintenance and risk.I did some quick math on a condo I purchased in cash 10 years ago for $140k.
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13 May 2024 | 9 replies
I know bare minimum I could turn around after the redemption period and just sell it for a higher amount.
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11 May 2024 | 2 replies
@Anna Cherubini most free systems will only offer bare bone options.Most of the systems that cost money do allow daily charges.
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11 May 2024 | 3 replies
Will it be smarter to just do the bare minimum work to keep renting it for a few more years?
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13 May 2024 | 25 replies
BOFA has 3.18 trillion Assets, most earning prime +, so north of 8%, but the bare minimum they would earn would be 5.33% with any cash deposits parked at the FED reverse repo facility, which equates to about $470,816,666 per day in interest, So delaying a digital payment for a week is like 3.5 Billion dollars across its portfolioAnd I love that despite tbills going from near zero to 5.4% over last 2 yrs, BOFA/CHASE still paying its depositors the Princely sum of 0.01% on savings accounts.