Michael Rost
Jackson, MS long-term buy and hold
31 October 2024 | 25 replies
Also Byram was mentioned I bought one new build there but it was to close to SOJACK and that tenant did 30 k worth of damage..
Isla Arshad
Property is Carpeted - Is not Allowing Pets Still Possible?
23 October 2024 | 13 replies
You can recover damages from a security deposit, but you cannot recover normal wear and tear.
Renee Coss
Real Estate Investing
27 October 2024 | 13 replies
@Renee CossRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?
Cory Iannacone
BRR"R"RR Method 2.0: Modifying the BRRRR Strategy for Today's Market
25 October 2024 | 2 replies
It became difficult, if not impossible, to repeat the process without severely damaging your profits.The Rise of BRR"R"RR 2.0In this new environment, I modified my BRRRR stategey to what I call BRR"R"RR—where the additional "R" stands for "Rate Drop."
Angel Peng
Inheriting less than ideal tenants from recent purchase
23 October 2024 | 1 reply
It helps create an incentive to get them out sooner rather than later without damaging your property.
Kyle Jacques
Should I turn my garage into game room in STR?
21 October 2024 | 14 replies
It’s not huge , it’s a single car garage if that helps 9' shuffleboard table would fit a single car garage nicely, but be sure to dress it up the rest of the garage as already mentioned.
Caleb Sonneman
Hurricane Milton Situation
22 October 2024 | 2 replies
There was a water supply line that got damaged during hurricane Milton, resulting in a $600 water bill.
Daniel Yang
Request rent increase for existing voucher contract in DC
23 October 2024 | 3 replies
Any rent increase will be offset by the damages they cause to the property.Figure out how to end their lease and replace them with a good renter.
Evan T. Ong
I'm really uncomfortable with how my future will turn out.
31 October 2024 | 24 replies
Or buy a fixer upper and work on renovating (valuable learning experience if damage not too extensive) during college years then sell and keep up to $250,000 tax free profit as your primary residence allows.
Javier Pompa
Neighbors accumulating junk
21 October 2024 | 2 replies
Talk to them and ask them not to lean it on the fence as you are worried about it damaging the fence.