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5 June 2024 | 3 replies
Looking for some advise on leveraging my equity I currently have 9 units across 7 properties which I acquired between 2013 and 2020, now totaling just under $1.9 million in value.
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5 June 2024 | 3 replies
It would take a good six months to a year to develop a good relationship with a probate attorney and they are more likely to build a relationship with a real estate agent first so they can confirm the value before giving their clients any advice on disposition.
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5 June 2024 | 27 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
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3 June 2024 | 9 replies
The contractors who I call up don't turn up to review the property and give me an estimate.
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5 June 2024 | 2 replies
Hello, We own our house free and clear valued at about 580k.
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3 June 2024 | 56 replies
The cat skeleton you can argue holds no material value.
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4 June 2024 | 2 replies
The partnership with Ivan West exemplified our ability to maximize property value through strategic investments and collaborative efforts.
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5 June 2024 | 10 replies
Owners also want to pretend that it takes the same amount of time & expertise to manage any Class of property/tenant - when common sense dictates that lower-demographic properties/tenants have more tenant screening, maintenance and rent collection challenges (to name a few).Also, most owners really don't value their own time!
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3 June 2024 | 4 replies
Always look at reviews, and make sure they are legit reviews made by real people.
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4 June 2024 | 8 replies
The partnership with Garrett Moretz exemplified our ability to maximize property value through strategic investments and collaborative efforts.