The appraiser is NOT intending to harm you, it is appraiser's opinion that the wiring is not safe enough.

Of course, you should be doing this too, but a value-add agent should know what you can expect in terms of rent, what appreciation prospects are in a certain neighbourhood, have good contractor contacts and be able to talk sellers off the ledge whenever hiccups occur in the process (and they’ll definitely occur).It was difficult (buying a property on a different continent in the middle of a pandemic.

@Pride Davis so in that case it would probably do more harm than good because you would now have the added expense for extra coverage which in turn would cost the consumer more on top of the increased interest rate.

I wanted to know if anyone is aware of any virtual zoom meetups occurring for the Henderson and Las Vegas areas?

I wanted to know if anyone is aware of any virtual zoom meetups occurring for the Henderson and Las Vegas areas?

Once I understood the processes that need to occur, I drew up a business plan and presented that to a general real estate/business lawyer, who caught the gaps and liability risks in my plan.

Your cost increases while the ratio of investment to rental income decreases.In addition as inflation keeps occurring and possibly rising, the value of the money you make decreases, even though it means that you can pay off your mortgage balance faster.

Our funds are structured where payouts only occur upon liquidations.

So it occurred to me that I could also ask tenants to upload pics every quarter in exchange for some ongoing benefit like a free Netflix or Hulu account.

I have seen that neighborhoods that are not terrible but still low C category can appreciate a lot when a change in the area occurs, like a new Amazon distribution center or a manufacturing site.