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12 January 2025 | 20 replies
@Tayvion Payton here's some useful info:Recommend 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 property in Class D area to Class A standards, what quality of tenant will you get?
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15 January 2025 | 11 replies
The terms were 6.875% 30-year fixed, which I applied for in October.
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5 January 2025 | 39 replies
If they don't pay your judgement you file it as a lien at the courthouse and they won't be able to get a mortgage to buy their home until that judgement is paid because that lien would apply to any house they buy and be in 1st lien position BEFORE the mortgage.
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7 January 2025 | 13 replies
Be sure that you're applying whatever late fee your lease allows to every late payment and demanding same from the tenant.
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3 January 2025 | 18 replies
That's already in the law and applies to floors, windows, lawn, etc.
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14 January 2025 | 4 replies
The document you linked to is for NY State as a whole so that applies to Erie and Niagara counties.
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3 January 2025 | 6 replies
Licensed with permits ~$3,250.HWT standard gas single family low efficiency without exhaust retrofit $900.Sand and stain hardwood floors, natural stain $3 per sf.Paint interior walls, ceiling trim and doors 3 tone paint scheme 2 coats $3.20 per sf (floor area cost includes paint)Click lock LVT flooring install overlay inclusive of prep and quarter round $4.50 per sf (materials and labor)Asphalt roof installation 3/1 - 800 sf bungalow with 2 layers of shingles - ~$7,900Standard porch cap replacement with 2 new precast concrete steps ~$2,500Used stove or refrigerator delivery and install $350New stove or refrigerator delivery and install $HD model specificUse this as a general guideline.
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29 January 2025 | 107 replies
There is an old saying that might apply here.
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2 January 2025 | 12 replies
My property is located in a C+/B- neighborhood has the following landmarks nearby: -1.5 miles from a major university with a popular D1 NCAA college basketball team-1.5 miles from a children's museum-1.5 miles from an art and nature museum-1.5 miles from a beautiful nature parkIt's the dead of winter, and I'm wondering who I can market and how I can best market my property to on Airbnb.
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2 January 2025 | 10 replies
I like Texas for the economic outlook and less natural disasters but I may be biased!