Jacob Dalton
Should Cook County be a "No Go" Zone for Single Family Rental Investment?
22 January 2025 | 12 replies
That means having a great property manager and attorney.I've had a few problematic tenants since I started investing in 2019, but fortunately in each of those 3 cases we've been able to negotiate an early lease termination.All investments come with risk, so the key is to mitigate and manage it as best as you can.
John Reagan Johnson
Switched to a Property Manager
22 January 2025 | 9 replies
Also if you have significant wealth, using a good PM mitigates potential risk and headaches.
Robert Lindsley
Tenant with two pitbulls
6 January 2025 | 25 replies
So much propaganda they only list peer-reviewed medical journals outlining the data and conclusions http://www.dogsbite.org/dog-bite-statistics-biblio...it's not a conspiracy that most insurance companies either do not allow those breeds on properties they insure or the exclude damage done by those "vicious breeds" it's an actual, real and present danger and very applicable to the aspiring and actual professional property manager/investor.
Matthew Morris
Dad's NC House is Slowly Rotting - Likely Need to sell As-Is!
7 January 2025 | 6 replies
Based on rough assessment, the following is needed just to get it listed:NeedsLowMidHighRoof$7,747.00$12,580.00$26,037.00Siding$20,000.00$25,000.00$30,000.00Windows$9,000.00$12,000.00$18,000.00New Deck$8,000.00$10,000.00$12,000.00Roof Leak Repair$2,000.00$3,500.00$5,000.00Mold Mitigation$1,000.00$2,500.00$3,500.00AC Units$13,000.00$15,000.00$18,000.00Carpet Replacement$2,500.00$3,500.00$5,000.00Kitchen Remodel$5,000.00$10,000.00$20,000.00Total$68,247.00$94,080.00$137,537.00Due to lack of capital to fund these repairs, I believe the best option is to find an investor looking to flip.
Greg P.
Small Multi Family Coaches/mentors? 2-4 units.
13 January 2025 | 21 replies
The biggest 'danger' I've experienced in the coaching space was coaches who took the cash and wanted me to follow 'their' program rather than coaching me where I am to get where I wanted to go.
Chad Shultz
Flooded Fix and Flip - South Daytona
4 January 2025 | 0 replies
Turns out, the previous owner did take many steps to mitigate the moisture damage and the home was very dry and mold free when we acquired it.
Ethan Borshansky
Can you 1031 Exchange into capital improvements?
21 January 2025 | 6 replies
You and your legal, tax and financial advisors should review this transaction in greater detail, especially the PLRs, to ensure you understand the significant risks involved and are structuring the transaction as close as possible to the PLRs to mitigate some of the risks.
Owen Reeter
College Student Beginner
6 January 2025 | 3 replies
Remember, the notion of amassing wealth without investing is a dangerous myth perpetuated by self-proclaimed experts.
Ariel Betancourt
New Student of Real Estate Investment
19 January 2025 | 6 replies
Remember, the notion of amassing wealth without investing is a dangerous myth perpetuated by self-proclaimed experts.
Jonathan Baptiste
What I learned after 1 year of house hacking
17 January 2025 | 11 replies
Risk mitigation is crucial, and learning from past experiences is beneficial.