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27 July 2022 | 80 replies
I had one home where the renter left ( moved out) there is the poor pit in the back yard no shade no water skin and bones just un believable how they treat these dogs.. its sickening.. really.Â
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13 June 2022 | 12 replies
Surface drainage is going to account for most of the water that wants to get in.
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12 June 2022 | 9 replies
Installed glass tops on all surfaces and the pieces hold up nicely. Â
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13 June 2022 | 4 replies
Insurance (give us an idea of physical structure size and type (for example if it is just Surface parking for 3 acres with and office, fence and gate, you might use $3,000 per year), Property tax (look up for your city/county), Repairs/ground/road maintenance (major cost will be roads), Electric/Utilities, onsite management (paid or you unpaid, selfservice), Website/internet/other advertising or costs, Just doing Operating Income above, thus disregard Interest expense, depreciation and income taxes for now.Â
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15 June 2022 | 19 replies
On the surface level it looks like you may be from CA so keep in mind you can do a second home (typically more than 100 miles) from you primary residence and only have to put down 10%.
13 July 2022 | 14 replies
Yes, it's true but some hard money lenders will require you have some skin in the game---many will at the least require interest only payments during the loan.
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16 June 2022 | 6 replies
That kind of once-in-a-lifetime buying opportunity will probably never happen again while I'm alive, but a buyer's market will eventually surface.
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23 February 2022 | 16 replies
Encapsulate is like a liquid rubber that licensed deleaders can use on certain surfaces (not on walls) and we need to test the surface first for adhesion, file special paperwork with the state, and keep the test results and paperwork on file for 7 years.Â
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5 February 2022 | 1 reply
Go out during a big rain storm and see if there is a stream of surface water landing or pooling in that area.In some cases the settling may result if the house is build on clay soil or improperly compacted soil.
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21 February 2022 | 4 replies
Everyone else on your team will be transaction-based and not really involved after a purchase.We're in the Metro Detroit area, so you may want to follow our blog here on BP, but at least read the following posts:How to “Screen a PMC Better than a Tenant”: https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesIn our experience you will need to:1) Learn to "Maintain to the Neighborhood", not your personal standards2) Tenant-Proof everything you can Hard surface flooring, not carpeting (too easy to trash) Same basic paint for everything No garbage disposals for them to break Only spring-type doorstops also with plate on the wall Glue rubber mats under sinks to prevent water damage Sheet aluminum on walls around stovetops, for easy grease removal Towel racks - screw 1x3 to wall studs, then screw rack to that Install low-profile downspout ext, not aluminum that always disappear Plan on cleaning gutters and leaves up in the fall as tenants won't Avoid garage door openers3) Have a great application screening process: Check credit for evictions & convictions, utility collections Focus on employment/income stability Require bank or debit card statement - you'll be surprised what they spend their money on!