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17 November 2024 | 33 replies
What is the condition of the roof, siding, plumbing, electrical, etc?
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11 November 2024 | 5 replies
Hello @Michael Dallas,To verify the seller’s information, ensure you request these essential documents:Rent Roll (to confirm rental income and occupancy)Lease Agreements (to review tenant terms)Financial Statements (past 1-2 years, including income and expenses)Property Tax StatementsUtility Bills (if applicable)Maintenance Records and recent CAPEX reportsInsurance Policy DetailsInspection Reports (any recent or previous reports)These will help you confirm the property’s income, expenses, and condition.
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12 November 2024 | 8 replies
Their living conditions are unsanitary and could invite rodents, bugs, or just unhealthy living conditions in general.
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10 November 2024 | 12 replies
I suspect that the differences have to do with time of year and/or weather it is legal in the STR city.My STR is MTR during the academic year which it is easy to smoke outside in the yard during STR season.
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13 November 2024 | 17 replies
You also want to have reserve funds available to weather these hard times.
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12 November 2024 | 6 replies
There could be other conditions of course, but that would be something easy and not expensive.Either way, that extra week is some nice revenue and I wouldn't want to miss out on that. i would accommodate them for sure.
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15 November 2024 | 13 replies
But of course, the actual value will depend on a lot of variables - local market conditions, planned renovations, etc.
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14 November 2024 | 8 replies
Taking a quick glance at comps your rent is high, 6 Armstrong st Apt 2 looks to be renting for $325 less and is in very similar condition.
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6 November 2024 | 34 replies
main thing about Vegas prop taxs and weather conditions..
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8 November 2024 | 4 replies
Id either focus on flipping - maybe pick up some good deals now in the weather affected areas, or getting duplexes in other states less likely to be affected by Hurricanes.