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16 December 2018 | 1 reply
It is important to have a GC that can re-purpose materials from your rehab demolition to create more appealing areas for your flips and or rentals, and also knows when to reface vs replacing.
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16 December 2018 | 1 reply
The BRRRR strategy is the most appealing to me as an investment strategy and this seemed like a good deal to try my first BRRRR.
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21 December 2018 | 42 replies
@Femi AKINWALE I do love reading, yes, but I'm also visual & would looooove to actually shadow and/or talk to someone.
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18 December 2018 | 4 replies
For most loans (Fannie/Freddie/FHA/VA) the appraiser is tasked with doing a "visual" inspection.
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19 December 2018 | 51 replies
Some keys to reducing tenant turnover are: offering units at a value that remains affordable and appealing (below the top of market), keen tenant screening, a solid rental agreement (we favor month-to-month instead of fixed-term leases), respectful communication, ongoing property maintenance, periodic inspections, swift attention to enforcing the terms of the rental agreement if problems arise, and negotiating with tenants to save tenancies when possible or facilitating a smooth move-out plan when that is the best option.
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19 December 2018 | 18 replies
I like the cash flow as well which makes this property appealing but in a small town like this you may have trouble exiting.
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26 December 2018 | 8 replies
They don’t do actual swipes just visual.
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20 December 2018 | 6 replies
There's something really appealing about taking something old and "beat up" and making it *new* again.
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21 December 2018 | 25 replies
Now I’m think the price is too high Ok it’s 2 tenant occupied properties both 3/1 both been renovated & have a finished basement 1 is a 751 sqft ARV is around $80k I’m selling it for $51kThe other is 1027sqft ARV around $90k I’m selling it for $64k I don’t know what numbers to use to get the MAO I’m sure the seller would change the price I just don’t know what to offer to appeal cash buyers
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14 January 2019 | 4 replies
The hardwood might appeal to buyers, but the vinyl would be more durable for renters.