1 July 2020 | 16 replies
The governor announced by proclamation on June 2, 2020 he was extending the eviction moratorium until August 1 with some amendments as follows: In addition to situations where an imminent threat to health and safety exists, landlords can evict for:Property damage if it is urgent and unknown to the landlord prior to COVID-19.Intent to occupy and/or intent to sell with 60 days' advance notice.
16 June 2020 | 0 replies
• Risk factors: What is the degree of safety?
12 September 2020 | 3 replies
And if there are other coliving landlords: Common, Ollie, Roam, Quarters, Startcity, X Social Communities, WeLive, etc., I'd like to hear your experience, too.
16 June 2020 | 1 reply
Sadly, I've noticed a disturbing trend on these boards... what used to be a great tool for investors and people seeking information about REI has turned into the typical social board of put-downs and insults, rather than mindfulness and helpful conversation.
10 February 2021 | 1 reply
Safety and comfort became a big deal.
19 June 2020 | 32 replies
So (usually) seeing/verifying a license and bond is current is safety enough if there's a deposit requirement.
18 June 2020 | 3 replies
He is putting 30% downi have a 3 step plan and would love to hear your opinions on this (my math is generally super conservative): A) Split the houses in half and have (2) 3 bed 1 bath and (2) 2 bed 1 bath units ----spend about 60k on 2 new kitchens, a couple interior walls, and 2 new meters - this would flow about $8000-$9000 total, and bump the value to about $1.5mB) Pull plans for 3 additional units or for new 5 units (would have to demo the rear unit) ----spend about $20k on paperwork - this would bump up the value to about 1.6-1.65m C) Build the new units assuming all 2 bed 1 bath 800s.f. on 2 stories 400k-750k - Each new unit would flow about $2200, bringing the total to about 14,500 - 16,000, bringing the value up to 2.75m @ 4.5% capGenerally speaking, 2bed 1 bath in that area goes for about $2500+, way undershot for safety purposes What part of my plan would be the best part to sell at?
18 June 2020 | 14 replies
True self management is where you market thru your own efforts or outsource your referral process for social media.
18 June 2020 | 4 replies
There are many other asset protection strategies you can use right now: fixing all health/safety issues, being a great landlord, using property management to keep you compliant, using leverage to limit your equity target, having great liability insurance, having great umbrella or commercial insurance...If you have questions, feel free to PM me.
17 June 2020 | 0 replies
(Example: Do you run your own social media campaigns?