
14 August 2024 | 6 replies
I think I’m just going to start doing dynamic RUBS because I can’t keep paying for their water but I want to make it more fair than just dividing by 3 every month.

14 August 2024 | 20 replies
I was able to get proof that my properties are on the up-and-up for lead levels, if I were to have had lead issues, it would have been a lot easier to address and remediate them while my properties are vacant vs occupied, and I'm protecting myself as an investor from potential headaches if the city does in fact start to enforce having this certification prior to evicting a tenant.

14 August 2024 | 12 replies
Charging a fee for a technician visit for any appliances diagnostics.How do you set the expectations from the start to avoid people with incredibly high expectations?

13 August 2024 | 24 replies
. :-)I would bet that rates will start to ease come spring of '24.

14 August 2024 | 7 replies
I don't know how long it can last though as it is the sort of channel that once to many people start doing the whole channel will become ineffective.

14 August 2024 | 6 replies
I looking at MFP to start investing and wanted to see if anyone had any experience or knowledge about Chichester (Boothwyn), Sharon Hill (SE Delco) and Darby/Upper Darby.

13 August 2024 | 13 replies
I want to start searching for properties to make offers, but I need to know how to estimate repair costs.

13 August 2024 | 17 replies
If I’m increasing rent or extending lease term, I send a lease addendum that rent is increased to $x per month starting x date and/or term extended through certain date, along with a letter stating see addendum for review and signature and that if tenant does not sign and return addendum to me by a certain date, then this letter is my notice to vacate by end of current lease term.

13 August 2024 | 18 replies
I am looking to start up the San Francisco meetup again.

14 August 2024 | 6 replies
And, even if you could find an appraiser to do an evaluation, it's not clear how that would help you.As you state, the motel has been shut down for nearly three years, so there's no current financial data.But even if you had recent numbers, you're planning to operate it as a sober living facility, which I suspect is a very different business model.You need to find a comparable facility in or near your local market and develop your own customized financial analysis model based upon this particular property.Then, given your business objectives (cash flow and cash-on-cash return, I assume), you'll need to back into what purchase terms you'll need to achieve those objectives.Only then will you be able to determine whether these seller financing terms will work.As far as documentation to get started, a letter of intent (LOI) is commonly used but you might move straight to a purchase and sale agreement, particularly if no agent is involved.Whichever path you choose, just be certain to give yourself plenty of time to thoroughly perform your due-diligence.