Jamie O'Connell
Section 8 - My Experience Two Years In
7 November 2024 | 45 replies
I share that personal story, not to throw shade on any who have had a bad experience with bad tenants on the program, because they do exist, but to shed light on how effective and life-changing it can be when the users leverage it as intended, and the landlord also gains by housing those types of tenants.
Enrique Roth
How we overperformed our target ARV
31 October 2024 | 2 replies
There are probably many posts that contain similar information to this one, but I thought it would be of value to future and existing investors who are starting their journey.We recently completed rehabbing a duplex we bought for $93k and rehabbed for $75k (in retrospect, we could've negotiated a lower price 🤷♂️ - discussion for a different post), hitting an ARV of $190k when our target ARV was $170k.Two things that stood out for me that helped us secure a higher ARV that anyone can use in their next BRRRR were:1) Fix the property to be in the top 75th percentile -> To improve our success rate, we consulted with both our agent and our PMC on what kind of materials and finishes the best properties (highest ARV Comps and Rent Rates) had in the area.
Deborah R.
Repair Roof or just Wait for a Storm?
30 October 2024 | 12 replies
The problems can manifest over time or can suddenly & disastrously make themselves known.You may be able to extend the life of the existing (repaired) roof with a service called Roof Maxx.
Daniel Yang
Request rent increase for existing voucher contract in DC
23 October 2024 | 3 replies
Hi, if I have an existing contract with a voucher tenant and want to request a rent increase, what should I keep in mind that would cause the reasonableness rent to be lower?
Michael Rost
Jackson, MS long-term buy and hold
31 October 2024 | 25 replies
PS the foundation issues are caused by Yazoo clay.. in the newer homes the builder dig out a few feet and then rock up before foundation.. the old homes are just laying on the existing soil ..
Henry Offiah
Getting into new construction
30 October 2024 | 3 replies
It's easiest if the builder and the lender have an existing relationship.
Keleisha Carter
New construction but no experience where to start
30 October 2024 | 11 replies
If you're talking about investing in New Construction versus existing houses, and not GC'ing new construction then your lenders won't care about your construction background.
Joe P.
Syndication - anyone part of pipelines like Lane Kawaoka?
31 October 2024 | 19 replies
So many groups that were started in the last 10 years, simply didn't even know the risks existed on their deals.
Celia Moore
Anyone have a good web developer they use? Want website updated & optimized
30 October 2024 | 6 replies
"Your website is built on wordpress using the Astra theme and so it is possible to clone the entire website and rebuild it without taking down the existing site.
Dave Vona
Is SFR investing worth the return? An IRR analysis
8 November 2024 | 22 replies
Those risks do not usually exist when you own single family rentals - there is no one between you and your investment.