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4 December 2024 | 9 replies
Typically issues are raised when the exterior is not kept up with / parking on grass / garbage in neighborhoods where everyone takes pretty good care of their homes.If you keep it clean and run a tight ship, you should be okay most of the time.
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3 December 2024 | 0 replies
A good example to reduce your potential costs without raising rents is to have the tenant agree to handle all repairs under a certain amount.
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2 December 2024 | 3 replies
so it turned into an accidental flip.i have one i did in 2021-2022 that broke even when i finished, but now cash flows well because i've been able to raise the rent a few times.happy to help further
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6 December 2024 | 8 replies
In this deal, the borrower soon defaulted and instead of foreclosing Capella raised another $1M from investors.
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3 December 2024 | 5 replies
Still, it makes sense because oftentimes some of the rents have never been raised for years, and those NW side neighborhoods have increased rent dramatically!
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7 December 2024 | 9 replies
Paul has in the past enacted restrictions on raising rents.
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10 December 2024 | 104 replies
But as some one who was raised in this business has owned 3 brokerages I can tell you that only 10 to 20% of agents make 80% of the revenue wash out rate is high.. with Wholesaling I suggest that only 5 % who try it are still doing it in a year and in any given market there will be a handful of wholesalers that do pretty good to very good the rest just trundle along now granted if they make 50 to 100k a year in the mid west and were used to making 20 to 30k in their JOB this is a big improvement over where they were at..
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2 December 2024 | 4 replies
We were both born/raised in the area and my family still lives there so long term we will eventually move back ourselves. 2.
2 December 2024 | 17 replies
I own a SFH in Santa Barbara County (it's in an unincorporated area between SB and Goleta.)Ive had wonderful tenants since buying the property in late 2017 and have raised the rent just twice (still WELL under market value rent).
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2 December 2024 | 6 replies
We secured a 200k USD senior debt position which allows us to avoid raising so much equity.