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30 July 2024 | 4 replies
You definitely want a "like-minded" individual but you don't want that person to do the same tasks as you or its all just a big waste of time.
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30 July 2024 | 0 replies
Sometimes you can talk directly to the owners.Use the Internet - Websites can show you houses that are being sold because the owners couldn't pay their bills or are in other kinds of trouble.Check Public Records - Look at official papers to see if a property owner is behind on taxes or other bills, which could mean they need to sell fast.Study the Market - Learn about how much houses in that area usually sell for and how much you could sell it for after you fix it up.Be Careful - Make sure you investigate the property fully to see if there are any legal problems or money owed on it.By using these steps together, you can find properties that might be a good investment because they need work or are being sold at a lower price than usual.Kind regards,
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31 July 2024 | 10 replies
It's better than what you'll get from most attorneys and what you'll find on the internet.
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31 July 2024 | 16 replies
--You can easily buy fake paystubs & W-2s off the internet, that are generated by Quickbooks, so they look 100% real.
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31 July 2024 | 15 replies
In my market, electric, gas and internet will follow the tenant, meaning when they move out, if there is an outstanding balance, those utilities can't be turned on for them at their new place until their balance is paid.
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29 July 2024 | 5 replies
Some people are trying to save $10k on the project but it cost them 2 or 3 months and they have a lot of time on task, and a lot of personal overseeing.
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1 August 2024 | 71 replies
If Jesus came back and got into rentals NO, N-O-B-O-D-Y get's admin access into our system. 2) They want a standardized list for maintenance items so they know in advance what repairs would cost.Being a PMc I'd invite them to acquire any of the readily available construction estimating tools/software out there such as RSMeans, but would not take on such a task as building and maintaining such a database, honestly for any $, it's simply not what we do. 3) They want a copy of all invoices from contractors to us so they can verify we are not marking up more than promised.A-ok. 4) They want to be able to talk to our contractors before work is done (each time) so they can talk contractors down in price themselves.I'd be fine with this as long as they sign a waiver that they own any/all negative impacts that result from such including extended vacancy periods, vendor refusals of service necessitating there own self-search to secure amicable vendor etc etc.. 5) They mentioned that they pay around $300 for full paint in a 2-bedroom unit.... we do not have a contractor that will touch a full paint on a 2 bedroom for $300LMAO!
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30 July 2024 | 9 replies
Hey @Austin Berlick from Austin hahaRenting by the room is definitely more task heavy than other forms of renting.
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30 July 2024 | 10 replies
My main concern are shared spaces like the pool and hot tub (turnoff for some renters), huge parties (when both are rented together), shared internet, logistics (multiple locks, parking, etc)Thanks for any insight!
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29 July 2024 | 13 replies
Besides wear and tear on the building and furnishings, remember with MTR you are paying for all utilities, internet, and lawn care, unlike LTRs.