6 September 2018 | 3 replies
I visit and analyze the property, and estimate rehab costs (with experienced inspectors and contractors), add a buffer for unexpected repairs, and provide a financial model with an ROI comparison of a traditional rental vs. short-term rental.Any guidance/tips (positive comments only please) would be greatly appreciated!
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18 September 2018 | 30 replies
My advIse Is purposely start to Save back rents for the repairs you know you’ll be doing in the future .
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6 September 2018 | 4 replies
Most where value-add situations in which I was able to help with the "full picture" so to speak by giving them estimated purchase cost, value-add cost, after-repaired value, and estimated sale price.
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18 September 2020 | 5 replies
I "think" they are big, active, good at winning the auctions, and have big reputation.....I cant get them on the phone....but am intrigued by them....and what exactly they are...
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6 September 2018 | 1 reply
Paint, minor repairs and necessary maintenance only.
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12 September 2018 | 3 replies
The Profit you will have is not necessarily 2k a month what about fixes, insurance, utilities, trash, and just pesky little repairs?
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14 September 2018 | 10 replies
I had one recently, took me a few weeks to get it cleared up but instantly repaired my credit.
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11 September 2018 | 12 replies
In your shoes, post notice on the door and take a photo with your phone (timestamp proof) and also leave a message on their voicemail, indicating your intent to enter to do roof work at XX time on XX day.
6 September 2018 | 0 replies
After taking into account property taxes, utilities, water, insurance, and a 10% repairs & capEx fund, I figure he's making ~$5,000/month.
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6 September 2018 | 1 reply
If rents are $1600 and you got it at a discount, meaning they paid repairs and sold it for what they owed, you still couldn't make any money on this deal.