8 June 2024 | 6 replies
I dont understand why it wouldnt be appraised as is?
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7 June 2024 | 14 replies
Look for low condo fees (if the people on the board are solid, and there are sufficient reserves).
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7 June 2024 | 5 replies
Looking for a solid tool that other investors are having success with.I was hoping you could lead me in the right direction.Thank you!
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9 June 2024 | 6 replies
Every system you try will have flaws, or you may salivate over a feature that appears in other software.Some familiar names are mentioned frequently: Stessa, Apartments.com, RentRedi, TenantCloud, Innago, RentManager, Avail, Rentec Direct, Doorloop, etc.I recommend conducting thorough research on each app online to understand their offerings, pricing, etc.
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9 June 2024 | 21 replies
I haven't had that specific issue, but I understand the importance of finding a durable, low-cost flooring option for rentals.
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9 June 2024 | 8 replies
As a professional property manager myself, I understand the essential tasks that investors are looking for from their property manager, like rent collection, maintenance, and tenant screening.
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8 June 2024 | 11 replies
If your home is in a solid area and you can hold onto it while having even some cash flow, I would usually pick that option.From the experience I have seen with my dad and holding properties long term and conversations I've have with older investors is that if you hold onto RE, you will usually be happy you did so.Most investors say: I never really regretted buying, but I have regretted selling.
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6 June 2024 | 8 replies
For example, it could be in an undesirable or unsafe location, overpriced relative to the market, managed by a property manager or landlord of poor repute, or be substandard in quality.Nonetheless, if you’re more confident about investing in Chattanooga, there’s no problem with that either—it’s a solid market.
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8 June 2024 | 37 replies
Definitely loving my Toledo market 👍Just trying to get a solid B class 6 unit across the line for $160,000.Occupied but needs around $50,000 or so in rehab.Optimized will rent for $4,500+ per month and ARV will be $350,000 - $400,000Haven't found a deal like this in ages but either way you look, the numbers in the market just make sense and even with the high interest rate environment.Much success to all
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9 June 2024 | 35 replies
We don't fill out contracts but we are able to explain what they mean so newer investors can understand what is going on.