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21 September 2020 | 3 replies
If they had a verbal agreement with the last tenant, and the last tenant gave notice or has officially abandoned per definition thereof (you can look for things like them having cancelled their utility accounts, emptied unit of their belongings, etc) then they can't prove anything and maybe you can use that approach.
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20 September 2020 | 1 reply
I'm noob and just building my own goals so helpful to see other approaches.
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20 September 2020 | 6 replies
Sounds like you are approaching "Hurt City".
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30 September 2020 | 20 replies
I completely agree with the business hours approach to repairs.
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28 September 2020 | 6 replies
If you do find something approaching the 1% rule, it very likely could be a D-class neighborhood.
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22 September 2020 | 15 replies
However, these investors have experience and knowledge in their market and most importantly are NOT using the "no money" approach because they can't afford to put down money for a traditional down payment.
21 September 2020 | 2 replies
That would leave us with around $70k liquid cash.We rent an apartment month-to-month until we find a good duplex to purchase (ideally within 1 year).We house-hack the duplex until we accumulate enough cash to buy a SFH for ourselves (3-5 years).We retain ownership of the duplex and rent out both units.In my mind, this approach could "get the ball rolling", considering we can't afford to buy an investment property with our current circumstances, nor would we be able to for many years.What would you do if you were in the same boat?
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21 September 2020 | 3 replies
Getting a Collection Guarantee When you’re underwriting a deal and you approach it conservatively, you take into consideration that rent collections may drop in the next 6 to 12 months.
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30 September 2020 | 15 replies
@Joe Jor great points on the buy-and-hold approach.
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21 September 2020 | 1 reply
Also what is the best way to approach listing appointments?