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Results (10,000+)
Matt Cianci Long Distance Landlord - Avoiding Management Companies
19 June 2020 | 20 replies
You see the common routine for realtors, is empty the house and run as many people through there, as possible.
Manasseh Arnold VA home loan: who's the best lender?
21 July 2020 | 8 replies
Like anything, the 80/20 principle applies to lenders. 80%of them stink and do very little business while 20% are cleaning up.
Andy Eakes North Park, San Diego California Bungalow
11 June 2020 | 4 replies
We patched up some holes on the side of the house, gave it a new color and coat of paint, and cleaned the yard up.
Lulu Heather How to write warning notice to tenant violate parking rule?
21 April 2020 | 7 replies
Or maybe the previous owner was worried about oil or grease stains.When we had our driveway redone, we asked for extra gravel and went with 6" of asphalt instead of 4" so that we wouldn't have to be worried about heavy equipment damaging it, but this is at our own home where we used to routinely drive heavy loads into our yard to get to the barn. 
Precious Thompson Buying an already low priced property
20 April 2020 | 2 replies
Once you know these things (or some of them), you can make an offer on the property (either with an agent or directly to the seller if you are into that sort of thing, ha), and then once you have an accepted offer you need to make sure the title is clean, the funds are in place, then you close on the deal and the real fun starts!
Daniel Hankins Conversation for the future of humanity
22 April 2020 | 2 replies
We should instead work together to build a solution that ensures the moral support needed to get to a better place in life.I think the way the whole organization is structured will also provide another sense of accountability towards each other.Create a “Flip to Own” plan that lets future tenants be more involved with the initial renovation between occupants.Create a transparent “Monthly Operation Payment” that includes:An investment buy in (market value amortized over 30 years @ current market rate + .3%).Taxes & insurance (will also need renters insurance).Utilities (goal is to have a history of avgs, but will be paid as billed).Any cost associated with labor support for “Property Stewardship Guide” (basic cleaning and lawn care).Repairs and Maintenance budget (.1% market value, any expense related to maintaining current market value/ rent ready condition).Capital Expenditures- Major repair budget (.1% market value, any expense related to increasing market value and capital expenditures).Good neighbor assistance dues (.1% market value, covers accounting costs and assistance access).Create an app that makes monthly property management an easy habit.Pull information from Property Stewardship GuideIt keeps track of all the costs that determine the monthly payment, including utilities.It has a checklist of that months maintenance tasks, based on the standards of the GNA, that ensures the most effective life of the property.Have a portal to submit rent payments, using paypal or similar services.Build in an option to apply employee wages from the GNA as rent payments.Have a profile page with all the important dates and documents.Leverage these managing residents to build a coalition of labor support for the rest of the properties under the GNA umbrella.If they are all employees of the GNA non profit, then we can distribute benefits including healthcare, retirement savings, etc.Create a rolling pay scale:Offer work in exchange for equity ownership in other projects.When the current managing resident is ready to move, they can either cash out remaining repair budgets and equity, or leave their equity in and share the profits with GNA equal to their equity share.The managing resident will partner in the process of getting the house back to full market standards.Use the stockpiled repair budgets to fix their respective categories.Use built up equity if repair budgets don’t cover that cost.The remaining repair budgets will be applied as a direct principal payment.If the managing resident wants to cash out, then the GNA will buy back the property at the current market price.Both parties will pay their traditional closing costs if applicable.If the managing resident wants to remain an equity partner, then the title is changed to reflect that business relationship, and the managing resident receives monthly payments equal to their share of rental profits or interest payments of the next resident.Previous managing residents must create and manage their own LLC.If the previous resident has more than 50% ownership in the property, then they are in charge of managing the property.The monthly payment for the previous residents equity will be equal to their percentage of ownership times either the interest earned from the next resident’s purchase, or from the profits if it is run as a traditional rental.
Tim Andy BRRRR - 2 Bedroom house with minor updates
27 April 2020 | 12 replies
She told me she would accept my offer because I was so nice.Closing went smoothly, I advertised on craigslist that any furniture in the house was free and got a good deal cleaned out in one Saturday afternoon.
Michelle Fenn Community Control and Landlording
26 April 2020 | 7 replies
The existing  elderly tenant asked that our new tenant clean up after her dog and keep it on a leash.   
Bruce P. What's the best way to fix sewer pipe and a reasonable estimate?
1 May 2020 | 22 replies
@Bruce ParkHave it cleaned out with a 4” bit then camera.
Chris Modzeleski Landscaper/Yard Care Springfield MO
25 April 2020 | 2 replies
I would recommend Springfield Clean Cut.