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11 January 2025 | 15 replies
Often it's a really easy fix or operator error that does not require a pro.
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29 December 2024 | 5 replies
The house had the utilities turned off for the 6 years, and was filled with the original 1 owner's furniture, clothes, appliances, car and ecn food in the frig (without elctric on for 6 years).
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8 January 2025 | 38 replies
A property management company cannot operate using the logic that it hasn't been that cold yet.
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25 December 2024 | 11 replies
Personally I do not like providing appliances for tenants as the repairs and headaches start adding up.
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5 January 2025 | 4 replies
Top Housing Markets for 2025: Cities Where Home Sales Are Set To SoarI operate and invest in Pueblo West and Canon City currently, and it has for sure been a softer market for sales.
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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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3 January 2025 | 7 replies
If the property breaks even, or operates in the red currently, it will only operate deeper in the negative (unless you find a strong ROI like creating more bedrooms, convert a non living space to living space, etc) with another loan.
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6 January 2025 | 7 replies
You will be going up against larger operators with bigger budgets and more experience.
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30 December 2024 | 7 replies
These operators totally bungled the deal and operation but still made money due to the market.2.
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5 January 2025 | 9 replies
Short-term rentals are becoming oversaturated in certain markets plus anti-STR legislation is resulting in some of those properties also converting to long-term rentals.You already have the operations experience by self-managing.