Scott L.
Renting just for winter / selling in the spring
6 October 2015 | 5 replies
I find a noticeable difference in pristine, showroom sales condition and what I call or have heard called fair "rental condition" (clean, functional, but not perfect)...Unless you get a super careful tenant, your unit will be closer to rental condition after the six month tenancy than pristine sales condition.
Wayne Snell
Investor-Friendly Rehabber in Columbus OH
5 October 2015 | 0 replies
Would like to turn into a clean, safe rental property quickly.
Dean Hulsing
My first large multi-family. I am ready?
22 April 2017 | 27 replies
The other units are in good shape and very clean but this could be our chance to impress under new management.
Tony Velez
Turnkey. Am I a wussy?
12 October 2015 | 98 replies
If a property is not clean and move in ready when you close escrow, you will have down time where can not earn any rent or even show the property until it is ready.
Derrick Jordan
New Investor in need of help and advice analyzing deal.
7 October 2015 | 6 replies
A property can look clean and well maintained but still have high repair costs and capital expense costs when old systems and appliances break down.Are the tenants current on the rent?
Nicole Carey
Does seller want to sell?
9 October 2015 | 8 replies
I think for the house hacking approach the first goal should be to have your tenants paying for your expenses so you're able to live there for "free" So if you'll be making enough money from rent to pay your regular bills like the mortgage, taxes, insurance, utilities, etc. and can put the excess money and your own monthly "rent" contribution aside for cap ex and other maintenance you'll be in good shape.
Kim Handelman
Estimating holding costs
10 October 2015 | 5 replies
Usually the points are paid in full regardless of it is a 3 month or 12 month loan, unlike the regular monthly interest rate.
Dawn Oree
Insurance - Any Suggestions On A Good Company?
9 October 2015 | 6 replies
Monetary transactions must be controlled through the use of receipts and regular monitoring.
Renee R.
Eviction for nonpayment of late fees
14 October 2015 | 25 replies
So my attorney's advice was to get them out first, make it as clean as possible, and then worry about back payments.
Shannon Sadik
Would you take a smoker who promises to quit?
10 October 2015 | 44 replies
I think as long as people agree to not smoke inside and clean up the cigarettes after themselves then there should be no issue.This is really a personal preference.