Jin Zhang
What are the key factors and risks to consider when investing in Dallas?
6 April 2024 | 7 replies
Stick with the big well known companies that you've heard of.Property tax is generally anywhere from 2-3%.
Ramsey Arnaaoot
Manual Fire Alarm in Philadelphia Mixed Use
6 April 2024 | 2 replies
It seems like overkill, but it's the code.Does anyone have recommendations for companies that can install and certify a manual fire alarm system?
Josh Mac
How close is Zestimate?
8 April 2024 | 51 replies
just use homes.com and the AVM from 4 appraisal company usually has 1 standard deviation with zEstimate is in the middle.The accuracy really depends on the object property location and the sample.
Eric Andrekopoulos
Geodome rental investing?
6 April 2024 | 1 reply
There are some investors doing them as one-offs in an STR cluster and several companies with plans to make small communes/communities with them.
Darryl Lin
Inland Empire (Hesperia) SFR Investment Properties
7 April 2024 | 32 replies
Our property management company has a lot of rentals up in that area and the tenant pool is very solid.
Chao Yi Shih
Closing soon on investment and having regret
8 April 2024 | 21 replies
Front unit i think market price is around 1600-1700, but i am planning for 1500-1550 to gain advantage on rentingit's a popular rental area in trending neighborhood, so it has a lot rental on the market and a lot investorfirst regret is i think my offer was too high, i offered asking price at 224k which with my 10k deposit and no inspection (i did had a long term contractor go take a look with me) i can likely get the house for cheaper, it went from 300k to now 224k from last year, so 8 month on market, i could get it for maybe 200k or 210k insteadOriginally i planned to have some minor interior update include few windows, which i am estimating around 3k, but noticing the 3rd floor shingle siding was aging and looks like just matter of time, so i had to replace 2 more exterior siding that need scaffolding, long story short, my repair cost went from 3k to around 8-9kmy dscr loan is 7.625% 30 years, my monthly would be $1577 PITI + water (say $230), compare to my expected rent of $2430, so $623 remaining each monthsome concerns are1. it's flat roof and it's just matter of time for me to replace2. i know this market is always trending, a lot tenants and a lot rentals, so it's competitive but popular, i dont know what to feel about it, i have other rental in the city, just not this specific neighborhood3. since there's so many investor in the area, why no one bought it for the price, it was once lowered to 256k before it go down to 224k. when the market was hot, i think 324k would easily sold, but obviously it didnt as that's what they listed in 2023 summer4. unit was managed by management company, last lease on front unit was from June 2022-June2023 rented for $1700, then they later put for sale for 324kon one hand i think the number works, but on the other hand, i keep have this feeling i wanted to back out of the offer, i think also due to my saving would be down to 20k after closing and all the repairs made, which i normally wanted to have at least 30k in bank, also the extra siding job got me scared a bit, and roof that need to be replaced in futureif i back out now, i am going to be losing 10k + inspection 800, so that's close to 11k lostWhat's your take on this, i would hate to lose 11k without any valid reason and just scared myself out of this deal, but honestly i am having some hard time looking forward to this purchase.
Andrew Heree
So... I bought a really, cheap property. Now, I have to secure it.
6 April 2024 | 4 replies
Does anyone know if an insurance company that would write a policy in such a circumstance?
Cory Lader
Title Agency In Murrieta, Ca
6 April 2024 | 2 replies
Does anyone have a title company that they'd recommend out that way?
John Weiss
Indemnification Clause in PM Agreement
5 April 2024 | 43 replies
PM companies don't have the leverage like Verizon.I get what you're saying about companies not wanting to change their agreements but there are circumstances that a PM company would modify a contract for a potential client.
Colin Sexton
Couple LLC/Corp tax questions
6 April 2024 | 1 reply
Insurance companies have many exclusions and they may not cover everything, but they can help to pay for some of the costs of a lawsuit.Good:Using one LLC for all of your rental properties.