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1 December 2024 | 134 replies
JD, I'd agree about cat pee.....it has something in it that will make you see Jesus, even with a respirator....But that house that had 9 dogs locked inside of it had this beautiful wide-plank flooring, Ponderosa Pine...unbelievably gorgrous.....I had it sanded once and got about 50% of the smell, twice, maybe 75 %....third time got 95%.Primer/paint did little.....finally had to have the walls and ceilings skim coated with new texture...throughout the entire almost 3000 SF house.
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27 November 2024 | 18 replies
Did you ever select a program, which one and want to share the experience?
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22 November 2024 | 28 replies
There are thousands of Lenders out there which provide different DSCR loan selections and everyone is going to have different rates and terms and costs which can become very confusing.
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1 December 2024 | 32 replies
Properties in wealthy suburbs like Mountain Brook or Vestavia Hills won’t meet the 1% rule, but select deals in Forestdale or Bessemer might.But if you just take the median rent in Jefferson county and divide it by the median home price, it’s going to look like nothing meets the 1% rule—when in fact pockets of it might.
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25 November 2024 | 9 replies
Assuming the ditch is a foot wide that's almost 14 yards of dirt, which is a full size dump truck worth of material.
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28 November 2024 | 18 replies
I could have done better in selecting my properties.
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4 December 2024 | 32 replies
And I understand that i am college kid with no money or experience but then you see people like Rob Beardsley who dropped out at 20 and bought a 200 unit property through syndication and then you think, hm, maybe its possible.I am fairly new to the real estate investment and what I have learned so far is choosing a mentor and attend real estate workshops then expand your network which will help you to pick up the pace, select your investment strategy and grasp the business model.
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22 November 2024 | 5 replies
To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!
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5 December 2024 | 554 replies
It's worth $27k today plus interests and Citibanks estimate of $300k by end of 2021 seems to be the most widely accepted value of what the above 1% allocation over the next 12 months is projected to be worth.
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23 November 2024 | 5 replies
Go with a base about 2 feet wide or so, all around, then lift out with your shovel, maybe put on a tarp and slide them where needed..