Kwok Wong
What to do when no sold comps?
1 December 2024 | 9 replies
However, all the sold comps are crossed out after following a three-tiered system to determine the ARV:T1: Stay within one-miles radius, sold for fewer than six-months.T2: Size of the properties are within 200 sqft., must share certain attributes (bedrooms, bathroom, etc.).T3: Compare property typeIn "The Book on Flipping Houses" by J Scott, it mentioned about adjusting the value of the comps to ensures that they resemble the subject property as closely as possible.
Jennifer Fernéz
Let's say you have $80K in your savings account...
19 December 2024 | 82 replies
Use the net cash flow from those buildings to them buy your "house" and just let the system churn.
Elliot B.
Submetering Heat with BTU/Flow/Energy Meters
29 November 2024 | 27 replies
The system only requires about 1 minute a month to recoup heating cost.
Rance Smith
Crazy Chicago real estate Journey
12 December 2024 | 19 replies
So much so that the river was flooding and the city decided to close off certain areas of the sewer system.
Alec Nault
STR Property Partners - Property Management Group
9 December 2024 | 15 replies
From the looks of this website, they probably don't have an advisor helping them build systems, processes, etc. pretty much the whole business.
Nadir M.
Maintenance replacements for certain household items
5 December 2024 | 20 replies
Furnace filters can go either way; some landlords handle it to protect the HVAC system, while others leave it to tenants with a reminder schedule.
April Birdsong
STR and Security Systems????
19 November 2024 | 12 replies
Agree, Ring or some other camera monitoring system, security systems will have issues with alarms & beeping and other issues which might be a nuisance for guests.
David Martoyan
What’s Your Biggest Lesson Learned From a Fix-and-Flip Project?
5 December 2024 | 20 replies
I've learned that the unexpected always happens, whether it's delays or unforeseen expenses, so having a system in place to monitor finances regularly helps make adjustments before they become bigger issues.
Pamela M.
Tenant vacates property before december 1 without notice. Lease is till August 2025
5 December 2024 | 34 replies
If the awnser is better systems, what would be a practical way to resolve a situation like this.
Matthew Mclean
Do I accept a Housing Voucher?
11 December 2024 | 29 replies
Fun fact the last section 8 tenant I had left the voucher system bc he didn't want to deal with the annual inspection.