9 December 2019 | 5 replies
@Steven Young, I have attended an auction (Dekalb county) and what I could realize is: As it is a redeemable deed State You gonna buy the property and only will be able to gain possession of it after a year (redeemable period) - also going to take some extra days to deal with the foreclosure process.

8 October 2018 | 4 replies
They've also took an extra month to remove a delinquent tenant because the Virtual Assistant "felt bad" for having to not renew a family, even though they weren't paying all the rent.Instead of insulating the owner against any management issues, they're basically forcing me to manage the situation--which defeats the point of Property Management.Thus, I'm paying the same amount of 10% management fee for a service that's gone severely downhill.Am thinking about switching.Question:Anyone have any recommendations on who I might talk to for managing SFHs in the Cordova/Germantown area?

4 September 2018 | 12 replies
No grocery stores and everyone must travel 30 minutes one way for most things they want.You will be hiring a crew or crews from Buckeye, Az. most likely and getting supplies to Gila Bend will increase your costs.Rents are very low and I know of a couple of homes that have been on the market for a very long time.The town just had a recall election for the city council seats so even the town is in a little bit of turmoil when it comes to how it is being run.Renters burn a lot of landlords and everyone is related to each other.
29 August 2018 | 2 replies
The master bathroom is still down to the studs and we currently don’t have any extra funds to throw towards it.

28 August 2018 | 4 replies
Even properties that are usually $40k-$50k will usually require some extra capital for repairs (as well as closing costs).

29 May 2019 | 4 replies
An investment like that can typically yield 6-8% passive cash flow per year, with large returns in 5-7 years when the asset is sold (typically about 8-10% extra per year, paid at refinance or sale of the property).

5 September 2018 | 68 replies
How much is the extra value in todays dollars and can you validate it by talking to a developer.3.

2 September 2018 | 50 replies
SFR, 3/2 + "extra room that can be used as a bedroom" 1300 sqfPurchase: 56KRehab: 4kARV: 70kRent: $800 (according to PM, but I think it might be closer to $750)Vacancy - 8%Repair - 8%Capex - 8%PM - 10%P&I - $270Insurance - $50Tax - $90Cashflow - $120 ($100 if using $750/mo)Deal or No Deal?

25 September 2018 | 32 replies
Extremely high crime, burned out buldings, crack houses, shootings.... good luck getting cops to respond.

28 August 2018 | 7 replies
Some tenants will do so if they have extra incentive.... such as cash for keys.