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27 December 2024 | 8 replies
Because looking at the T12 from a 100 units will be different from 20 units will be different from 5 units in some of the line items (account names).
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1 January 2025 | 3 replies
Due to item 1, adding an ADU can require years to start achieving any return (once the accumulated cash flow recovers the initial negative position).4) Adding an ADU is a slow process.
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1 January 2025 | 32 replies
There are lots of folks Bigger Pockets who feel they have to carry a gun to show vacant units.
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29 December 2024 | 24 replies
If I scale to a point where I no longer have time and have to outsource, that line item is already accounted for and the property will still be profitable.
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2 January 2025 | 15 replies
Another thing we do is check to see what items need to be addressed.
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12 January 2025 | 185 replies
So how many times did you have a Due on Sale Clause enforce good question when my dad started this in the late 70s and I was a new agent working with him. it was all owner carry notes very few banks notes.. as such we never had ONE called that I can remember.
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29 December 2024 | 14 replies
Having a GC that will provide good documentation, itemized receipts, etc. will make the process much easier I've noticed.
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9 January 2025 | 46 replies
Specifically for the missed items during the review prior to the initial call, as well as the piece on no action plan.
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26 December 2024 | 2 replies
That's it, but a) print out a page for each property you think is comparable, b) make the list of repairs long and inclusive of everything you've done. c) Put larger items first like kitchen remodel......and don't just say 'kitchen remodel', list things like 'custom backsplash tile/Bosch appliances/recessed can lighting/pot filler/etc. d) Cite the price/value of the work done, and don't be afraid to be generous.
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23 December 2024 | 12 replies
You need to carry a special type of health insurance, not the traditional kind.