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27 February 2020 | 3 replies
I expect to release the audio version of the Flipping book in 2018.
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5 October 2020 | 23 replies
If it was not winterized, you could have split pipes in walls, a bad furnace, broken water heater, etc.
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23 November 2017 | 3 replies
I underestimated my rehab despite knowing about termite damage and went over by 20k due to more than expected damage and cost to repair.
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23 November 2017 | 1 reply
I have 10 different tenants in various lines of business with various needs and expectations.
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11 December 2017 | 11 replies
One example was a broken garage door due to the tenants excesive use.
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26 November 2017 | 1 reply
The webinar was pretty helpful for me, and can be found here, It's called: "How to Analyze Properties for Maximum Cash Flow":https://www.biggerpockets.com/proreplayYou can even print out the PDF reports of all the numbers since everything is broken down, show others, and receive input since each situation can vary for each property that you're looking at.
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24 November 2017 | 1 reply
However, he was responsible for showing apartments, handling all repair issues, seeing that rents were paid on time, keeping the outside areas and hallways clean, etc..Because he was always "on call" 24/7 (and my mom was expected to help out with the cleaning) he was given the basement apartment to live in rent free in exchange for a small salary (which is why he managed three buildings; one would not generate enough income for the family).Perhaps your applicant doesn't want to live in one of the properties he manages.Gail
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25 November 2017 | 25 replies
They have a great deal of latitude on what they insist you pay, and what you actually work out in payment.Providing, that they are not a corrupt department, and most are Not (Some are quite political, with very "Selective Enforcement") Code officers and department would appreciate have a Foreign Landlord, who is in contact, works towards substantial compliance, and who they know they can trust to resolve an issue.That usually takes time and money.You need to explain , to them, that you "had a Terrible Property Manager, and have since changed and expect it Not to occur again."
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4 January 2018 | 16 replies
Disadvantages — low appreciation, tenants do get into conflict, more tenants expect you to pay for the snow to be cleared and the grass mowed.
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24 November 2017 | 4 replies
I'm expecting a short term drop in prices at the beginning of 2018..Also, the $40 Billion housing project will definitely have pressure on prices