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9 August 2020 | 4 replies
Presuming you make an offer, include that they need to provide copies of the approved permits during your inspection period (trust but verify).
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9 August 2020 | 6 replies
Is it real historical recent NOIs (preferred) or the broker's ProForma (closer to BS) - Hence there's reporting bias.If you want something that is good curve fit, $/SqFt is actually pretty good:1) You know the SqFt (tax records) and Price (easy enough to verify)2) It compensates for lots of studios or 3 beds (small to large)Kinda stupid, but you've got my $0.02
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21 August 2020 | 23 replies
Perhaps, having someone with boots on the ground in the area that you want to invest in, who can verify your contacts, rehabs, take pictures and be an added layer of confirmation for you, could help ease your worries and strengthen your ability and confidence to invest out of state.
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11 August 2020 | 18 replies
I haven't rented a property like this.One thing I would say is to try to verify that their job really does pay on the 1st and the 15th.
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10 August 2020 | 5 replies
Sometimes even with wording to "verify all information and apply only through the website above" and "avoid scams".
11 August 2020 | 5 replies
How and when would I verify that information is accurate?
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11 August 2020 | 8 replies
Just to verify the $1400 for a one bedroom or are those the current rents?
18 August 2020 | 3 replies
I kind of like the post cards with a recent picture of my property because I am a remote owner so I get several pictures a year to verify my residents are caring for the property.
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18 August 2020 | 16 replies
I have read and seen others saying that the 2% rule when purchasing a buy and hold rental is too good to be true and is to be avoided.I have recently seen a few places on wholesale websites that are well over 1% and some at 1.5 - 2%.One of interest to me was a duplex listed for $64,900 and has tenants in it paying a combined $1150.Although it doesn't show all pictures inside and out (exterior pictures aren't deterring to me) its obviously got some deferred maintenance I'm sure there should be extra CapEx to be budgeted for.If rentometer verifys the rent is in the ballpark and its not falling down.... what am I missing?
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23 February 2021 | 2 replies
I clicked on a link to verify identity and it just locked me out.