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23 February 2024 | 2 replies
Do you have someone specific (handyman, contractor, inspector etc) do the move out inspection for you?
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23 February 2024 | 4 replies
Like what is the specific criteria that this deal and property has to meet?
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23 February 2024 | 18 replies
There's a few things I quickly learned about the BRRRR strategy and rentals as a whole...1) 98% of properties will not make good rentals 2) There is a medium price range where the BRRRR strategy works - for example in my area you have to purchase in the 115-130k range, rehab for 15-30k, have an ARV of 175-215k, and rent for 1600-1800...so it is a very niche property that works for the BRRRR strategy On top of that - it's going to be VERY hard to get all your money back - if you leave less than 20% in the property (in my opinion) that's a win.
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23 February 2024 | 26 replies
(There are other methods, but they become more circumstance specific and less likely to accomplish).
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22 February 2024 | 4 replies
What specifically are you looking for out of your software?
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22 February 2024 | 5 replies
You won't have specific knowledge or insight to share with owners, but you have you're youth and hunger to do what it takes to succeed.
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22 February 2024 | 11 replies
Also, if you say no financial contingency, then what happens if after I get the property under contract and present it to my investors they start back-stepping, am I going to be sued for specific performance?
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23 February 2024 | 16 replies
Nope, its a 1 bedroom and the ad specifically says only one car, but I still get the requests from folks that say they read it, but were just checking.
23 February 2024 | 8 replies
It's possible that the tenant may be more willing to cooperate once they understand the potential consequences of not taking action.However, if the tenant insists on not allowing the repairs to be done, it may be necessary to consult with a legal professional to understand the specific tenant rights and regulations in your area.
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23 February 2024 | 3 replies
Effective communication, detailed contracts with specific timelines and payment terms, and regular progress updates are also vital.Additionally, we now have a contingency plan in place, which includes having backup contractors in mind in case we need to make a change quickly.