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6 November 2023 | 11 replies
I know I most likely have no recourse other than to pound dirty until they’re out but if there’s any helpful advice out there from more experienced investors I’ll gladly appreciate it from the bottom of my heart.
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7 September 2021 | 9 replies
With that said, if your heart is set on a SFR, I would definitely recommend exploring ways to increase your approval amount/purchase budget to get a place that has some decent space, and close to UCR perhaps (or another university).
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18 January 2022 | 8 replies
Not only are they a human with a brain that gets paid to thing of my specific situation, those brains are tied to hearts, hands, and mouths that can all be very useful as a partner.
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6 October 2023 | 27 replies
yes, of course - they screen, they collect rent, they handle general service calls.but, as the property owner, you are ultimately responsible in deciding what to fix; how many bids to get, and who to go with, for bigger jobs, like Capex; what to do when tenants fall behind in rent; whether to evict, and how to run that process; etc. this is the heart of supposedly 'hands off' out of state investing. it's just not as simple as doing nothing and getting a check every month, especially with older houses in more challenging neighborhoods.
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18 August 2015 | 7 replies
I´m allso a new investor in the RE industrie, but where im looking to invest, multiple familie houses arnt the big deal.. its choosing between single familie homes and apartements.My heart is fallen for apartements, becouse it looks to me that the maintenance is lower than the average house after a few years, you shouldnt repair a roof for say.B.
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15 December 2023 | 13 replies
They might not have your best interest at heart but you’ll be $4,000 ahead and they’ll be motivated to get your offer accepted.
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16 December 2023 | 18 replies
(I don't know their tables by heart, this is just a ball park)Hallway floor - 5 yrs old, 20 yr lifespan - you get 75% valueWiring - 45 yrs old, 50 yr lifespan - 10% valueDrywall - 15 yrs old, 50 yr lifespan - 70% valueSo you have to walk the job with the adjuster, define the scope of what they agree is part of the claim, then solicit bids to complete the work, then have the whole project reduced based on the lifespan calculation, and finally get a check.I have been through about six claims in my portfolio and represented owners in about ten times that amount.
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22 September 2023 | 21 replies
So he is “making” $1250 by sleeping in his car.The bed has 2 benches on either side for passengers and the sleep platform slides into the center at floor level.
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23 July 2021 | 12 replies
Current neighborhoods that are investment ready and great are - Bloomfield, Friendship, Shadyside, Garfield, East Liberty, Stanton Heights & Highland Park These are all located near Pittsburgh’s “second downtown” in the east end (east liberty - the heart) with tons of development currently ongoing.
26 June 2017 | 26 replies
Chances are, the tenants will do a crappy job maintaining the house (they are renters at the heart of it all) which is one of the "benefits" and they also usually don't exercise the option to buy (so you don't get that inflated sales price you were planning on getting).