Matthew Schulz
Freeport/Northern IL Duplex Market Insight
4 November 2024 | 4 replies
Take ownership of your mistake and learn to do the proper due diligence recommended above😊
William C.
$10k in water damage caused by tenant. Advice on how to handle.
4 November 2024 | 14 replies
I would absolutely collect that from them if they were properly notified
Vincent Antinore
Buying a duplex that has a third unit
3 November 2024 | 4 replies
If they do allow it, a third unit will need proper egress to get confirmed.
Brian Hong
Eviction due to non-payment in Austin
4 November 2024 | 9 replies
Agreed with the above posts, for $500 or less you can likely get a RE attorney to get your ducks in a row to do the eviction properly.
Tom Dean
Suggestions for STR location between $250k - $325k?, southeastern quadrant of US
8 November 2024 | 38 replies
Probably best to look elsewhere accordingly, as the availability of properly zoned STRs is quite limited.
Nolan Fernandez
Buying house with Section 8 voucher
3 November 2024 | 24 replies
Again contact housing authority and request a FSS coordinator who should have more info.
Andres Murillo
CA AB 968 (disclosure mandates on flippers): Who's Really Bearing the Impact?
30 October 2024 | 0 replies
Established flippers have the resources and networks to build close relationships with contractors, making it relatively easy to coordinate compliance at minimal cost.
Jamie Parker
Seller Financing into Long term debt service products
9 November 2024 | 21 replies
I see the value in not being overwhelmed because of a failure to properly build a situation with systems and organization.
Connor Thomas
How to fix this BRRRR when my ARV is less than planned
7 November 2024 | 27 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
Sean Bramble
Offshore Virtual Assistant for STR management
28 October 2024 | 6 replies
So outsourcing some degree of property mgmt would be a must... but the deal won't work paying a local property manager a large % of my revenue...Instead, I would set up my "boots on the ground" (cleaners, handyman), and would need an offshore virtual assistant to manage guests and coordination of my local team.