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9 November 2018 | 11 replies
Those Victorians you mentioned are beautiful and amazing buildings-be careful from an investment strategy that you don’t fall in love with a money pit!
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12 November 2018 | 9 replies
We bought a 6 unit property (BEAUTIFUL creekside, feels like your in the forest, but 5-minute walk to downtown Salem, OR) rents were anywhere from $600 to 1095 for 1050 SF 2 bed 2 baths with creek views, free laundry etc.....Everyone got the same letter (except the new $1095 guy who just signed a lease before we bought it.Rents going to $1095No more free laundryWe are going to be doing repairs and changesHere is the new payment processWe want you to stay, if you do not want to with the new changes, here is the process to give notice. 1 of 6 are leaving (I wanted 2 of them to leave as I am going to Airbnb 2 units and CRUSH I think :)Sorry for the long post.
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13 November 2018 | 35 replies
They will take it seriously and you will have memorialized the tenants harassment so if and when action needs to be taken you will be able to attach it as an exhibit for the judge to view.The beauty of papering the tenant is that you control the narrative... you memorialize the event in your view and words at the time it happens- it carries far more weight.It is a beautiful thing when insubordinate tenants are forced to view their words and actions comprehensively and colorfully described by the landlord.Handling it apologetically on the phone is a big no go.
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8 November 2018 | 2 replies
While real-life house flipping isn't as easy as applying trendy backsplash and stainless steel appliances, with proper wits, this can be a lucrative business.There are many deals available in today's market that will allow a passive real estate investor to partner with an active real estate investor to make a return on your money logically.
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9 November 2018 | 6 replies
Maybe just a function of a hot market.I witnessed this on several properties here in my area, one just down the street from me.
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10 November 2018 | 12 replies
My property (Class A in a beautiful neighborhood) has been on the market for 3 months and though we have had several applications, none qualified (both in terms of financials as well as references that uncovered major issues with past landlords and employers).
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9 November 2018 | 2 replies
Nothing against the craigslist contractors, but you should assess whether that risk is appropriate for your projects.While not relevant, you mentioned something about an expert - for this, I would see whether the contractor has testified as an expert witness in court before.
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9 November 2018 | 2 replies
It's a thing of beauty.
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13 November 2018 | 25 replies
We are able to provide a beautiful clean, new laundry room that puts the laundromat down the street to shame.
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13 November 2018 | 2 replies
Purchase price: $1,800 Cash invested: $1,800 This beautiful is valued at $170,000.