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9 May 2020 | 8 replies
This included changing over a few HVAC grates that had been broken by wild animals, cleaning out debris and yard waste from the backyard, installing a new bathroom fan, etc.The biggest surprise continues to be the loan that I took - not only did I have to pay for a rehab consultant to oversee the project on behalf of the lender (he cost me $850 on the first inspection, and $375 more PER draw after that.
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27 March 2020 | 9 replies
One of my biggest producers had no internet.
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20 March 2020 | 9 replies
Only downside is the $584 annual flood insurance that I would have to pay as it is in the flood plain.
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8 March 2020 | 5 replies
If you have no landlord experience, a MF investment-only can be a lot to take on and understand on the fly and the biggest mistake is usually either bad choice of tenants or lack of reserves.
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9 March 2020 | 45 replies
I usually try to figure out what the biggest ticket items are.
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9 March 2020 | 7 replies
Install the BIGGEST sign you can on the property for now.
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8 March 2020 | 5 replies
But the reserves is the biggest thing because anytime there is turnover money is going to be spent and less money is going to be coming in.
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11 March 2020 | 17 replies
I didn’t read where the two of you have ever had a run in or even a conversation with each other.Ultimately though, it sounds like the biggest thing working against you in this scenario is that you are on a month-to-month agreement, which means you could have moved out at any time with proper notice if you felt so unsafe.
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9 March 2020 | 4 replies
For me the biggest one, and the one that kept my wife and I from selling my business for years to go full-time into real estate, was making sure we didn't chase deals with more risk than we normally would have.
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23 March 2020 | 30 replies
Here in CT there are a lot of downsides to renting to section 8 tenants but getting paid isn’t one of them.