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6 February 2025 | 28 replies
The marketing/advertising firm, aka RE broker, is not the expert in building codes, zoning, structural engineering, neighborhood safety, etc.As a prudent investor, always do your own due diligence or you'll end up being (unitentionally) misguided by a RE broker's information.
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5 February 2025 | 14 replies
I'm with you that sidewalk slip and fall litigation may be less likely in the Midwest than say Mid Atlantic which tends to have more litigious cities but dismissing premises liability issues can come back to bite an investor and when these properties have such razor thin margins that an investor must consider the cost benefit analysis of safety against ROI, there is a real estate issue and is usually a losing proposition.
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1 February 2025 | 23 replies
Than learn with that safety net until your ready to take things back over to self-manage again.
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21 January 2025 | 10 replies
You could start with your agent or a local agent who supports investors and could have contacts to refer to you.Lastly, you could consider negotiating with a local PM to take on a hybrid approach to management.
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8 February 2025 | 10 replies
Exposed wire are a safety hazard and if they where missed by inspection you may be able to complain as well.
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24 January 2025 | 8 replies
Threatening each others' safety is never allowed.
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16 February 2025 | 11 replies
The inspector found that both electrical panels are a safety hazard, not grounded properly, and the service mast is detached and dangerous.
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17 January 2025 | 10 replies
My suggestions:* Requiring code compliance and safety equipment is absolutely valid and should be part of the regulations* Requiring owners live within 15 miles is not necessary since poor hosts whether they're local or distant will violate the 3-5 warning system and earn a suspension.
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16 February 2025 | 18 replies
Never lend far from home.If you don’t have enough money to lend locally in first position, you don’t have enough money to lend.
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24 January 2025 | 3 replies
How’s everyone doing ?I’m very new to this but I’m proud to say I am now an investor, I just haven’t invested in anything yet. I plan on taking a few years saving my money and learning as much as I can about real esta...