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13 January 2012 | 11 replies
It seems tenants want to see the unit in it's final stage--sometimes they have trouble envisioning how it will look with new paint or carpet.
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15 October 2011 | 13 replies
I have finally finished the rehab on my first investment property ever and thought this was interesting: When we varnished the floors, we didn't close the blinds backing out of a couple rooms and, well, couldn't walk back to close them because it takes a couple days to dry out.
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22 November 2011 | 18 replies
Many will accept offers for 2 weeks, and then give top bidders a final chance to add a final best offer.
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17 October 2011 | 12 replies
This analysis includes SFR's and MFR's.On the other hand, for the lower socioeconomic blue collar rentals (B class), I see rental rates will remain the same or a slight increase as we are still in the absorption period where vacant units are being converted to rentals.
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15 October 2011 | 10 replies
Down the rabbit hole: spending all day tracking down a property "owner"20 Calls later, with no less than 10 government agencies tacked on to the end, I end up with a final "I don't know what to tell you sir, we down own that property."
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15 October 2011 | 2 replies
I've picked up 4 listings through the probates for my real estate business.The deal I finally made was a probate who called in from our letter.
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18 October 2011 | 16 replies
While I'm open to pretty much any type of partnership opportunity (if the deal is right), the rehabs I've been doing for other investors have mostly been just a flat-fee type of arrangement where I come in and take care of all details of the rehab.Basically, I consult on the level of rehab and finishes, put together the deal analysis, help put together the budget/schedule, and then bring in my contractors, manage them day-to-day and complete the rehab for the investor as we've agreed (or as he wants).
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19 October 2011 | 4 replies
It looks like I have finally found a small bank that will approve a mortgage for me.
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19 October 2011 | 0 replies
I was told by my agent that since it was "Online Only" that it had probably already been to the convention center and this was probably the final auction.
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9 July 2020 | 11 replies
I have done this analysis several times and it never pencils out to be worth the effort to me.If you are buying something worth a few million bucks the numbers get much better.