Penny Wilkinson
Looking to sell a duplex but having trouble determining value
16 January 2025 | 15 replies
Income approach Also known as the rental income approach, this method estimates the market value by analyzing the property's anticipated future income and converting it to a present value estimate.
Jermaine Washington
Tenet has abandoned property without paying rent.
13 January 2025 | 11 replies
Follow the step for the deposit-even if it is to send a registered letter to their last known address stating that the deposit was used for outstanding rent and whatever damages or cleaning was needed (itemize it).
Michael Poloncic
Tenant breaking their lease
9 January 2025 | 8 replies
Send a notice: The landlord can post a notice in a visible place and send a notice by mail to the tenant's last known addressRemove belongings: The landlord can remove the tenant's belongings and store themRecover costs: The landlord can recover the costs of moving and storage from the tenantSell belongings: If the tenant doesn't claim their belongings, the landlord can sell them at a public sale(End)Please only communicate with the tenants - all of them - in written form only so it can be used in any collection/court engagement.
Jason B.
Suburban Chicago: One of the Hottest Rental Markets in the U.S.!
15 January 2025 | 10 replies
With regard to renovations, I always suggest taking incremental steps to bigger renovations or partnering with someone who has already done a renovation at that level.I've been known to just go for the big rehabs for my personal investments here in Chicago , and during that process, it's always more stressful than it needs to be...As far as navigating the competition, I've found the best thing I can do is get EXTREMELY CLEAR on what I am looking for; then I am confident pulling the trigger quicky.
William Nast
The big dream: Aspirations of a young man.
10 January 2025 | 6 replies
Hey William, I am a real estate investor and property manager in Las Vegas as well.
JR Mack
Graduating analysis paralysis
13 January 2025 | 11 replies
So any contacts, known meet ups, or especially advice for an initial purchase is greatly appreciated!
Itay Heled
section 8 listing -why there is no interest?
25 December 2024 | 11 replies
The initial thought is you are probably charging too much if no one is interested, or your photos or description are bad.Four beds and only one bath probably reduces demand as well, that’s potentially a lot of people sharing one toilet.And it is winter - I’m in Buffalo, I hate listing rentals this time of year.
Leslie L Meneus
Networking? What do I do now?
9 January 2025 | 13 replies
The ads probably relate to a well known GURU on YouTube who convinces people to spend $12,000 to join his "community" and to send him leads.
Jerry Zigounakis
LLC or sCorp for investment properties
21 January 2025 | 7 replies
I've done this with my properties because I'm well known in my small town and don't want people to know what I own.LEGAL PROTECTION: By placing your assets in an LLC, you are legally separating them from your personal assets.
LaTonya Clark
Lender- 40 year loans
20 January 2025 | 31 replies
I’ve used this strategy on multiple properties, and it’s worked well for me.