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1 December 2021 | 7 replies
Get it re-bid and know exactly what it will cost to get the house livable and in condition to rent and refi.I suspect this is the number that went south on the previous owner, and he had to bail.
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11 December 2021 | 7 replies
Unless you suspect there is a willful neglect, bad hygiene or mental health aspect that caused the bed bugs and wasn't just bad luck, don't evict; have them do a written payment arrangement.
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8 May 2021 | 20 replies
It sounds suspect to me though.
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10 May 2021 | 7 replies
I suspect you and I are already on the same page.
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11 May 2021 | 4 replies
This makes for a cap rate of about 9% which is great (though I suspect I could have sold at an 8-8.5 CAP had I held on longer.
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31 July 2021 | 7 replies
Sometimes lenders will just want a desktop update which is usually quicker and cheaper.If for instance a property had a clean phase one from 3 years ago but little to nothing has changed with the area since then then might just want a desktop update or if development has occurred close by but not typical suspects for environmental issues.
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8 August 2021 | 14 replies
I suspect you will not have a loss next year, assuming you keep these 6 units rented.
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5 August 2021 | 2 replies
@Tyler Hallman An NOI for $8,360 is not very significant for a property with asking price of $350k - which I suspect is the basis for your questions.
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5 August 2021 | 3 replies
Flushing the toilet daily is enough to prevent any mold from growing in that space, so I suspect it's likely a disintegrating flapper seal or something inside the tank.When someone complains of mold, I share this EPA Guide to educate them.