
21 February 2018 | 1 reply
It can often be comprised of people utterly unqualified to manage a community resulting in poorly maintained properties or severe fiscal mismanagement or both.

22 June 2017 | 8 replies
How do I make positive impacts to my credit to maintain my good credit while working in real estate?

27 August 2017 | 23 replies
No wait, don’t answer that, i’ll start another thread)Vacancy Buy in markets with strong fundamentals (pop growth, job growth, job diversity) Buy in good quality B class neighborhoods that would maintain renters even in a downturnSave 5% gross rents for vacancySave for inevitable lease up feesRent Prices Drop My numbers predict i could stay in the black even with a 10% drop in rental prices (see example below)Other At time of purchase i set aside 6 months of gross rent in cash, for reservesSample PropertyThis is a sample property is actually more like a higher c class, but i you could move the numbers up higher and see the same thing with a B class SFRPurchase Price: $60,000Closing costs: $4,000Rent $900Vacancy ~ $45(5%)Maintenance ~ $45(5%)Capex ~ $125Op expenses(tax, insurance, lease up, mgmt) ~ $162NOI ~ $522Mortgage: $261Heloc: $68(at current rate) - $160(at highest rate)Cash flow: $193(at current rate) - $101(at highest rate)I'm a little scared to ask this, but better burned on BP then in real life, so here we go.What am i missing or what did i not think of?
15 August 2017 | 2 replies
I believe this is greatly due to the owners not adapting to the times and keeping up on maintainence and living accommodations.
13 September 2019 | 12 replies
As we continue to grow it is becoming more and more necessary for us to streamline our operations in order to maintain the level of service we want to provide to our property owners and tenants.

28 March 2018 | 6 replies
Sorry for the relatively rookie question, but these days I'm having a hard time maintaining a 1% rule, not to mention 2.

8 January 2024 | 19 replies
Try suing a foreclosed bankrupt owner for a slip and fall.According to this, New York State now maintains this registry, and presumably will tell you who to contact with reference to the property.

1 June 2018 | 2 replies
Maybe add a couple of small junipers.As for your tenants I would be giving them notice you will be raising their rent to cover your cost of hiring a contractor to maintain the lot.

1 February 2023 | 18 replies
Rent control.No county or city as defined by G.S. 160A-1 may enact, maintain, or enforce any ordinance or resolution which regulates the amount of rent to be charged for privately owned, single-family or multiple unit residential or commercial rental property.

28 September 2022 | 9 replies
Note: -The trees have been there for over 10 years-The trees are Crepe Myrtles (native to Texas)- They are well maintained- About 10 years ago they sent me a letter and when i pushed back they said they would be ok as long as i did not plant more and i maintained them (i can't find the ppwk)- There are other Crepe myrtles in the HOA park way areas less then 200 feet from my houseAny advise is appreciated