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Results (10,000+)
Walid Zaibak 3rd floor unit hot water problems
3 March 2011 | 10 replies
Here is what the girl living on the second floor told me "when showering it constantly switches from cold to hot or it just doesn't go very hot anymore at all"I turned up the temperature on the hot water tank but it hasn't changed anything.
Greg C tennants are turning out to be not so good!
6 January 2009 | 8 replies
i guess i see your point i had my share of parties when i was 20 something im only 40 now ,, but any way i think i will tell them if there guests need to smoke they need to do it in the back yard and at least have enough respect for where they live to put the butts in the trash.it was not possible drugs it was drugs i picked up the joint and showed them i know what pot is ,,,,, i dont know about you but it would annoy me to see my neighbors out front smoking pot
Tiger Sun Any very young investors out there?
20 February 2012 | 53 replies
If you spend most of your time hanging around the "old guys" at the court house auctions and get to know some of the long-time investors who are constantly closing at the title company then you will gain invaluable knowledge in how to have success.
Brian W. How do good, savvy investors find good deals in any market?
21 April 2013 | 18 replies
The only way the deals would "dry up" is if every house is now in perfect "retail ready" condition, every homeowner gets a great job, everyone makes all their payments on time, people stop getting divorces, people stop passing away, etc. etc.Yes, market conditions will vary by locale, but deals happen every day and new opportunities pop up all the time.Successful investors do it thru MARKETING - the constant communication with your target market via multiple "touches" over an extended period of time.
Eddie Werner First time dealing with PM companies
22 October 2012 | 7 replies
Suspect areas can have more damage to the unit,turnover,non payers,and excessive management fees (sometimes 12%).It's when you have to deal with problem tenants,evictions,repair issues,etc. that it can take up a bunch of your time.The rate you mentioned for management is normal for my area.Investors only see how much PM's make and PM's see it mainly as a thankless job that pays very little.I can't speak for them but this is the consensus I constantly hear.I looked at the model years and years ago and there is no money in it for a massive headache as a broker/agent.At least not what I classify as a needed return to justify it.Make sure if you use a PM company that they do it full time so they will have systems,processes,and experience in place with contacts as well for repairs.You do not have to use their repair people but it is good to have the network there if you want it.Also build in the PM cost when analyzing a rental and offer accordingly.HUGE MISTAKE is not including PM fee and say you will do it yourself.You try for a few months and then get into a nightmare and no longer want to do it.You hire cheapest PM as you did not figure into your numbers and then the problems start happening.Make sure you include immediate capital repairs to get rent ready when buying and set your reserves as well for vacancy (still pay mortgage if not cash purchase)as well as unexpected items that go out.You have to decide what your main investing goal is.People I know that are already wealthy will spend more to have a property in a nicer area with less cash flow but more appreciation long term and use it more for a tax shelter and refi down the road to buy more properties.Others have it for more cash flow and some appreciation to hold long term and others who want to quit their job and eventually do RE full time are looking to take their small amount and get the biggest bang for the buck regardless of how big a headache it is.
Jason Merchey MLS vs. Off-MLS
12 August 2019 | 13 replies
So, determine a zip code or two where you would like to invest, scan the MLS for your "farm area" constantly in all price ranges and drive around those areas regularly.
Marco Harris II Greetings from Durham NC!!
22 June 2020 | 17 replies
(aside from sanding joint compound that is.)
Kay M. renting to a couple/ partners not married
20 June 2010 | 10 replies
:mrgreen:Since they BOTH applied, jointly, you should turn down the application since one of them doesn't qualify.
Katrina P. How do you avoid so many credit inquiries?
10 January 2011 | 29 replies
I'll take my chances with small banks even if the loan constants for the money are more expensive.
Matthew Mucker Buying a house without title insurance?
16 September 2013 | 32 replies
There are differences in title, joint and several ownerships, rights in title, life estates, conveyance of partial interests and improper conveyances, liens, rights of easements and encroachments apparent by a proper survey, along with claims by creditors and others that puts even the most astute investor in areas of the unknown.To imply that investors should learn to do a title examinations is not good advice.