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13 November 2024 | 23 replies
The property needs to be rehabbed.
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14 November 2024 | 8 replies
We don't allow people to apply before viewing the property.
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14 November 2024 | 10 replies
Maybe you can help the investors you meet with all the miscellaneous tasks involved with investing like picking up rent checks, turning over properties for new tenants, or even just driving by occasionally to make sure their properties are in good condition.I'd also recommend spending a lot of time looking at all the homes you're targeting in your area, both online and in person.
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5 November 2024 | 4 replies
I aim to generate leads and spread awareness that a property is for sale.
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4 November 2024 | 2 replies
Purchase price: $300,000 Cash invested: $300,000 Sale price: $400,000 This was my first property and decided to sell it get access to its equity.
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14 November 2024 | 11 replies
It's an investment into the property, and if/when they move out or even if they're there you can now add a traditional dryer to the property and collect additional rent.
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15 November 2024 | 3 replies
So, I decided to drive a nearby neighborhood close to my residence, recently and document addresses of seemingly vacant distressed properties.
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14 November 2024 | 3 replies
Purchase price: $179,000 Cash invested: $15,000 Lived in the property for 1 year.Knocked down living room wall, replaced Hvac, floors and gutted and remodeled the kitchen, attic insulation, converted the living room and the dining area into rooms.
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15 November 2024 | 1 reply
When there's tenants already occupying the property, there's often times different leases that were signed among the tenants.Additionally, renting by room usually sees higher tenant turnover which in turn causes more work for the PM.Other challenges to consider:- Disputes/conflicts among tenants (different personalities if a tenant doesn't know the others prior)- Occupancy limits- Splitting utilities (what if someone uses more water?)
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4 November 2024 | 10 replies
Is it possible to get a loans on a paid off investment property that does not have homeowners insurance?