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4 August 2018 | 9 replies
If it is a minor issue I sometimes would just roach bait the unit and let the tenant know that technically this is on them, but I am providing this as a one-time customer service.
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9 August 2018 | 20 replies
Recession resistant asset class (people downsize, move in together, move back home, etc. during recessions)Cash flowing asset (not dependent on market appreciation)People buy a lot of crap and toys during good economic times (and need a place to put it)75% of the facilities in the country are owned by non-institutional owners (opportunity for adding value)Small ($10-30) rental increases create large increases in NOI and property valuationSticky tenant baseUnits are easy to maintain (brick and metal, no amenities, little landscaping)Location, population growth, and barriers to entry matter.
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3 August 2018 | 7 replies
We dont have this in NYC (because its strictly illegal to do anything <30 days), but I have to create a new account for each property.
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9 November 2019 | 5 replies
I'm looking into creating a secular sober living home here in Austin and this looks like great info to have.
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26 October 2018 | 3 replies
I asked the customer rep what protects me if a tenant calls and says they moved but actually are on my dime; and they said oh there is no protection.
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6 November 2018 | 16 replies
As long as it's utilized correctly, under leveraged, and viable from a financially defensive position, you can create tremendous growth - faster than you otherwise would have.
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20 November 2018 | 4 replies
I would stay away from the lower mainland for the next few years unless you truly find a deal (or create your own deal by writing letters to home owners and see if anyone is willing to sell at a discount).
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2 August 2018 | 3 replies
My goal is to create generational wealth by investing and learning as much as possible to pay it forward.
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27 November 2018 | 30 replies
Quickly learned its completely 2 different areas and I want to be focused on investing, my goal is to get started in buy and hold rental properties to create passive income and financial freedom down the line.
10 September 2018 | 12 replies
You can structure it to where the tenant is responsible for all the repairs but be careful, if there is a major repair right after they move in they may think that you sold them a lemon of a property with pre-existing conditions that were kept secret and that could create big problems for you.