
20 June 2022 | 9 replies
Many OOS investors set themselves up for failure because they don't truly take the time to understand:1) The Class of the NEIGHBORHOOD they are buying in - which is relative to the overall area.2) The Class of the PROPERTY they are buying - which is relative to the overall area.3) The Class of the TENANT POOL the Neighborhood & Property will attract - which is relative to the overall area.4) The Class of the CONTRACTORS that will work on their Property, given the Neighborhood location - which is relative to the overall area.5) The Class of the PROPERTY MANAGEMENT COMPANIES (PMC) that will manage their Property, given the Neighborhood location and the Tenants it will attract - which is relative to the overall area.6) That a Class X NEIGHBORHOOD will have mostly Class X PROPERTIES, which will only attract Class X TENANTS, CONTRACTORS AND PMCs and deliver Class X RESULTS.7) That OOS property Class rankings are often different than the Class ranking of the local market they live.8) Class A is relatively easy to manage, can even be DIY remote managed from another state.

22 May 2022 | 2 replies
((Check chimney liner for excessive soot and cracks)))Chimney may have a clean out door at bottom to clean the fallen soot out of--if so someone must do that every X.If there is no coal there is no heat and your pipes may freeze (renter has no money or his credit with coal company is bad and they won't deliver).If there is no renter there is no one to shovel coal into the stoker or furnace mouth and in winter your pipes may freeze.Some people say Anthricite coal is a clean as natural gas, well in reality it puts a stink of burnt coal in the air outside and there is soot.Check with insurance and see if having a ton (or whatever amount) of flammable coal stored in the basement cost more than, for instance, natural gas heater in the same house.That's all that I know.Good Luck!
24 May 2022 | 6 replies
Then you have written proof of where they wanted it sent, that it was delivered, and when they cash it you'll have a photocopy of someone's signature and (presumably) that person would have had to provide proof of their identity when they cashed it or deposited it into their account.

25 May 2022 | 4 replies
The key to growing wealth is to use leverage wisely to deliver larger returns.

27 May 2022 | 1 reply
We added significant value by facilitating/encouraging the move-out of the existing tenant and then by delivering a swift and hassle-free closing to the seller!

25 May 2022 | 2 replies
Almost certainly more than would deliver ROI either from a rental or appreciation, and I'm ok with that.
27 May 2022 | 0 replies
I never got my money back and they didn't ever deliver property management service.

3 June 2022 | 14 replies
. - is the investor community generally seeing challenging trends in materials being delivered, jobs completed on schedule etc. due to supply chain issues?

4 June 2022 | 45 replies
We're forced to make tradeoffs if the choices available to us don't deliver on all of our needs.