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18 June 2018 | 14 replies
Is the price comparable to other similar properties?
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15 June 2018 | 4 replies
This is best done by comparing what other homes have Sold For in the general vicinity of the property.
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18 June 2018 | 13 replies
Might talk to local property managers to see what they say.I personally wouldn't use a live-in property manager for a multi this small, just doesn't make financial sense compared to paying 8-10% for an outside manager.
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16 June 2018 | 28 replies
In an attempt to work with the guy (since he had been there for a few years prior) when he said he needed until the end of this month to get a place for him and his dogs (while threatening to make moving out a pain for all of us if we didn't let him hang until then) it seemed like the easiest thing would be to just have him for an additional month and then have him out after this month.
16 June 2018 | 3 replies
Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.
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16 June 2018 | 9 replies
I do recommend to use inspection, especially since I am abroad investor.In addition, the inspection report help me to make sure the contractor quote covered all major issues, and I also use the inspector to visit during the rehab to make sure the contractor finished each construction stage.Investing ~$250 in inspection in compare to the money you invest in buying and rehabbing is not major and reduce your risk.Good luck.
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10 November 2018 | 6 replies
I do only have this one house, and I keep very detailed records, but I realize there are suddenly a bunch of tax rules that may affect me and I know little about.Should I have a home inspection done to determine any code issues or safety issues to correct prior to converting the property to a rental?
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15 June 2018 | 1 reply
Yes/NoAny follow up conversation information will then be logged after:6/20/18: Called again and spoke to David, he is interested in meeting at the property for a walk through on 6/25/18.6/25/18: Met at property, will be expecting itemized estimate from David by 6/30/186/30/18: Received estimate, need to go over this and compare to other two estimates.And so on and so on, so I don't lose track of my communications with each person.That is the sort of stuff I am talking about.
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29 June 2018 | 4 replies
Have you ever purchased a mobile home and wanted to improve the property only to learn there were things that you missed prior to closing that you should have known?
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16 June 2018 | 2 replies
I have a background in real estate, prior to getting married I was a realtor in Florida, then worked as a marketing director in a real estate office.