
29 February 2024 | 10 replies
We currently both have a day job: he as a firefighter with the City of Austin and myself in the civil engineering (transportation) industry.

28 February 2024 | 10 replies
I would even schedule a meeting with the property manager to look at the property.

29 February 2024 | 2 replies
Once a lawsuit is filed, the court will schedule a hearing, and if the landlord prevails, a writ of possession may be issued, leading to the physical eviction.Factors that can affect the timelineSeveral factors can influence the overall timeline of the eviction process.

27 February 2024 | 10 replies
Previous recent history as a long-term rental where rental income was $2700.Financial Snapshot: Both adults have solid W-2 jobs.

1 March 2024 | 19 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with zero or negative relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.
1 March 2024 | 9 replies
Do a good job screening and consider the pros and cons of waiting an extra month of not having tenants vs the risk of having tenants who trash the place or refuse to pay rent for months.I invest in my hometown here in Winnipeg and Manitoba has very friendly tenant laws.

28 February 2024 | 11 replies
SHould i Just hire a contractor for each job or should i seek out a reliable GC?

29 February 2024 | 15 replies
I personally know of people who chased the STR Shiny object, could make it work and had to sell at a loss.I think these people didn't do a great job of due diligence and were overly optimistic of what they could make.

28 February 2024 | 7 replies
The big issue for me is how I’ll schedule showings if I’m not home for a week or two at a time?

2 March 2024 | 43 replies
As someone who is in 8 syndications right now, I can say doing due diligence on the project and the operator is a full time job in itself.