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2 April 2020 | 2 replies
Identified property to fit our investors' needs from a return prospective.
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6 April 2020 | 9 replies
So far, I have one leased this way, and a second that watched the video and then wanted to see it in person before leasing- understandable since the video showed it unoccupied so it is harder to understand the size of the place.I am not posting the videos publicly, but sending prospective tenants a link to view the video instead, at least for the videos that show the unit with the current furnishings in it.
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23 April 2020 | 3 replies
I do not like showing prospective tenants a property until it has been vacated, touched up, and clean.
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30 March 2020 | 3 replies
So you'll either have trouble selling the property or take a serious haircut on the price from a landlord buyer who knows they won't be able to raise the rent for the next few years.Lastly, you don't list what state you're in, but you should know that if you're still considering a 5 year lease after everything I wrote, in some states a (residential) lease that long has to be notarized to be valid and in other states a (residential) lease that long isn't even permitted/legal.
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28 April 2020 | 23 replies
@William Eric SchaeferYou should check with city permit department to insure you wont be required to submit drawings for work to be done.
30 March 2020 | 4 replies
That way you will have an insight into how fixing houses works with permitting, city codes, sub contractors, project management, and budgeting repairs.
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31 March 2020 | 11 replies
Are showings no longer permitted in your state?
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5 April 2020 | 6 replies
If you can interpret the code that permits more, then that becomes your "Best Case Scenario".
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4 September 2021 | 8 replies
For an investor, having a project manager/contractor who (1) understands their business goals, (2) can do great, on time, and inexpensive work, (3) can communicate with the city for permits, (4) have a network of reputable roofers, HVAC, electricians, plumbers ... this is an invaluable relationship for an investor, particularly those investing in properties that will need reno work done (flips, or BRRRR deals, etc.).
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1 April 2020 | 8 replies
When one of them buys it and does the rehab, we relist it in the ARV level to prospective buyers and the process is complete.