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3 March 2020 | 2 replies
Of course, the biggest question right off the bat is why would you spend $210k on a property that you only expect to be worth $150k>As far as the analysis:You can probably pull back repairs and CapEx to 15% combined.
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1 March 2020 | 20 replies
Managing the cleaning crew is actually the biggest headache but it's tolerable.
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3 March 2020 | 15 replies
This is one of the biggest ripoffs n DIY painting (like practically every Zinsser product aimed at the DIY market) because straight dewaxed shellac outperforms it for 1/2 the price -- all you need to do is paint three coats of paint over the shellac instead of two.
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2 March 2020 | 1 reply
Personally, I use our company's app as it's the fastest I have found, now that doesn't give me FSBOs and I think that Zillow is still the biggest platform used for FSBOs.
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1 March 2020 | 6 replies
If you will be outfitting a common laundry room, I would recommend looking for a third-party service where the partner supplies and maintains the machines and you share the revenue.
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2 March 2020 | 4 replies
My biggest concern with refinancing is my credit 640 and the fact that I am now a one income household and had a career change that makes me significantly less money than what I was making when we purchased the duplex ($64,000 per year vs $27,000 although once the rental is factored in it’s around $70,000).
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2 March 2020 | 4 replies
The biggest question is whether I'm legally allowed to pay the referral in Wisconsin to other licensed agents/brokers?
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1 March 2020 | 3 replies
What are the cost associated with owning a rental (insurance, property taxes, vacancies, repairs, maintenance, mortgage, etc) and what is the revenue.
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22 December 2020 | 11 replies
The biggest fear I assume most people have is that people will yell at you for being a vulture and trying to profit off of someone's death.
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1 March 2020 | 1 reply
By flipping the property before renting it out, that way the commercial value became higher and it meant a higher revenue.