
6 February 2025 | 16 replies
Lots of people go that route, but there's probably an equal number that wouldn't risk their home and prefer to use other people's money.

4 February 2025 | 7 replies
You will probably win when she doesn't show up, and while you will have a hard time getting the proceeds of the judgement, you can mess up a credit score pretty well with an unclaimed judgement.

29 January 2025 | 10 replies
Now, if she had someone she implicitly trusts to manage it, as though she were present, that might work, but the added costs would probably make the endeavor non- profitable.
7 February 2025 | 5 replies
I have considered adding an ADU in the back, but since I am limited to 75% of the main house square footage, this is also probably not worth it.

26 January 2025 | 24 replies
That will probably stop the problem.Their lease ends in a month, so there's no need to evict.

27 January 2025 | 4 replies
@Armani Pimentel Yes, I believe that wholesaling is generally not the way to go, because it is getting banned, there are people who try to take advantage of aspiring entrepreneurs like you, and it is extremely low probability.

24 January 2025 | 13 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

14 February 2025 | 25 replies
According to several websites, and an AI summary, $100 per month is average for a 900ft apartment this time of year.Switching to electric would make the tenants responsible for the bill, but you would eat the cost of installation and it may drive your rents down because electricity costs are probably much higher than the gas you currently pay.I recommend you do more research before switching anything up.

29 January 2025 | 11 replies
Hey Gene, for your situation, you probably need to get a fix&flip loan to acquire and do the renovation.

30 January 2025 | 4 replies
Your lease probably specifies the residents must comply with "quiet enjoyment" of the property.