
26 June 2021 | 97 replies
Itemize it and some states such as California you don’t do it yourself and charge them because they don’t allow that, get get professional companies.

30 May 2019 | 1 reply
Request from the seller their Profit & Loss Statement from the last 12 months and the rent roll.Then, you can see the current income/expenses to know what current profit it makes.Then, you need to look at what the cap rates are in the area based on comp propertiesOnce you find that out, Take the profit/net operating income and divide it by the cap rate.So say it makes $20,000 profit and the cap rates in the area are 6%$20,000 / 6% = $333k (value of building and your offer price)There are a few more factors but that should provide you with enough info on how to find the value of the building

28 June 2019 | 6 replies
If it hasn't redeemed in the allotted timeline you can either walk away and cut your losses or proceed with foreclosure to secure your investment.

31 May 2019 | 11 replies
Also, don't forget, on a buy and hold I am also getting a return on the principle pay-down (which my tenant is paying), and will be able to claim a tax deduction for the net operating loss from the depreciation.

3 June 2019 | 9 replies
What you'll find is that unless you have a unique strategy for how to engage with the Tucker, GA market, it will end up being the odd item in your portfolio.I have had one of those odd investments in Richmond, VA for a few years.

1 June 2019 | 12 replies
I would update your lease to include fines after an initial warning about leaving trash or personal items in the common space.I wouldn't allow tenants to mail in the rent.I allow them to deposit directly into my account, ACH or Zelle.Maybe get extra trash cans so that they don't have to leave their bagged trash by a full can.
31 May 2019 | 6 replies
Refinancing it will only make that loss worse...... your current payment will go up...If you are losing $$ now, then you are way better off selling it to 1031 the profit into other properties....

4 July 2019 | 26 replies
For the items being stored they had to pay $500 a month until the items were removed.

2 June 2019 | 15 replies
Do you have an itemized list for how they charge you?

9 August 2019 | 5 replies
So, at least that added some value but It was another high cost item to fix.