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27 February 2025 | 12 replies
You can only do no fault evictions under certain limited conditions that must be indicated in the lease termination notice.
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20 February 2025 | 3 replies
Quote from @Tomasz Kaminski: @Chris SeveneyHow do you consider property value if you cannot go inside to evaluate the interior condition?
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6 February 2025 | 9 replies
The property has to be considered 'in service' for you to list it on your tax return.In service entails a couple of items such as1) The property is in livable condition - Working bathroom, kitchen and an area to live.2) The property was advertised for rent.Best of luck
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27 February 2025 | 10 replies
You will want to have properties under contract before bringing a contractor out to walk the place with you.If I were in your shoes I'd have a 30 minute call/zoom/coffee with a couple of local GC's now and come prepared to explain to them exactly what you are looking to do.For example when I first got started I was targeting single level, 3 bedroom, 2 bathroom, 1,800 square foot homes, with 2 car garages, that were sitting on 7,500 square foot lots, and that were built of block in the 1950s/1960s.
20 February 2025 | 5 replies
Hi @Akshay Kumar, it's never a nice surprise to see your property left in a rough condition after a tenant moves out and on top of it damages the yard.
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5 February 2025 | 16 replies
@Nicholas A. your shotgun approach has a high probability of getting the exact quality you put into it.95%+ of real estate agent, many of them posting they are "investor-friendly", only know how to deal with owner-occupied transactions.
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26 February 2025 | 21 replies
So, if you fail to apply the correct assumptions to a property, your expectations won’t be met and it may even be a financial disaster.We use the following to rank Property Classes, in order of importance:Property Tenant Pool: closely linked to location, but not always.Property Location: closely linked to tenant pool, but not always.Property Condition & Amenities: it’s important to, “Maintain to the Neighborhood.”Key metrics for each Property Class:Class A Properties:Tenant Pool: Majority of FICO scores 680+, no convictions/evictions in last 7 years.
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18 February 2025 | 0 replies
•If Blackstone is making major portfolio adjustments, it might indicate changes in economic conditions, such as interest rate expectations, inflation concerns, or capital market shifts.Opportunities for Real Estate Investors1.
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25 February 2025 | 11 replies
You can find them through investor networks, BiggerPockets forums, local real estate groups, or referrals from other landlords.To ensure the property stays in good condition, set clear expectations with your manager, schedule regular inspections, and consider using smart home tech (cameras, leak detectors, etc.) for extra oversight.
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20 February 2025 | 5 replies
The market has shifted a lot in the last two years with rising interest rates, changing rental demand, and shifting economic conditions.