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28 December 2024 | 1 reply
Keep an eye on those delinquency rates and ensure that the property manager is proactive in rent collection.Maintaining open lines of communication with property managers is also part of the process.
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19 February 2025 | 7 replies
I have owned this property for 8 years, 7 as a rental property.
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21 February 2025 | 12 replies
Even if they offer a 721 on any property, I would recommend looking elsewhere.
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9 January 2025 | 7 replies
Details matter: keep a log (something like an excel spreadsheet) that documents the date, duration, and events that occurred/work you did. 2.
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21 February 2025 | 4 replies
I'm finding when I look at a given property, I get inaccurate comps in two ways: 1st, a property will show up in the list as a comp to my subject property but have a REALLY low sale value; upon investigation I find that the property acutally hasn't sold in 10+ years but PropStream thought it was comp; 2nd, a property will show up as "Sold" in the MLS status, but all ownership and transaction history tab don't reflect the new data.
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19 February 2025 | 14 replies
Try to make a goal of buying 1-2 properties each year.
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23 February 2025 | 4 replies
I believe they eventually sold for a huge profit and 1031’d into a larger property.
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22 February 2025 | 14 replies
It's a great returning property.
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22 February 2025 | 2 replies
Hey Sophia,It seems like you’re trying to decide between keeping or selling your rental properties.