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31 January 2025 | 10 replies
If you truly are limited on time or can't make investing a priority, you should look for smaller projects as others have recommended.1) General Contractors are available to run your project, but most are too expensive to make ROI work on smaller projects. 2) A great PMC can act as a Project Coordinator for rehabs, but many won't be transparent about the costs, so you know what you are paying for.
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23 January 2025 | 21 replies
If you have a D property in an A neighborhood, then it's likely vacant and ripe for rehab, or already purchased and awaiting permits for rehab (or tear down).
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16 January 2025 | 7 replies
Verify your PM isn't using the full property address in their listings.
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15 January 2025 | 8 replies
I was able to get a private loan which I used to purchase the house then I used my own money to rehab the house.
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23 January 2025 | 7 replies
The second was in 2022 when I had 3 or 4 in line to be rehabbed and one became occupied by squatters who bothered the neighbors.
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10 January 2025 | 2 replies
When I'm driving and see a property I may be interested in learning more about, I text myself the address or a picture.
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13 January 2025 | 11 replies
Follow the step for the deposit-even if it is to send a registered letter to their last known address stating that the deposit was used for outstanding rent and whatever damages or cleaning was needed (itemize it).
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13 January 2025 | 1 reply
You've only owned it six months, so you probably haven't dealt with vacancies, maintenance, or capex, but you should be setting money aside for those things.Your partnership agreement (if you have one) should address exit options.
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6 February 2025 | 58 replies
I have heard comments that homes in TX or GA need a major rehab after 10 years, builders use MDF for trim, pressboard under siding instead of OSB sheeting etc As an investor we buy 1960s homes, they have good bones and are worth an update.
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20 January 2025 | 9 replies
I see why folks are asking this company says they do 100% loans for purchase and rehab with a whopping 620 fico..