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20 April 2020 | 8 replies
When the tenant (shockingly) moved out, they left the following:- random miscolored paint on the wall- hundreds of roaches crawling everywhere- damage to all doors (appears they taped something on all doors and pulled it off removing the paint on the door)- deep scratches on the hardwood floors that will require replacement - gum and wax all over the floor and on several walls- something sticky all over the carpet when you walk anywhere the carpet sticks to your feet - also very oddly it appears the tenant changed the locks for some reason landlord’s key doesn’t work- tenant removed all smoke detectors I could go on and on.
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22 April 2020 | 29 replies
Or we may pull out if we find something odd.
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21 April 2020 | 10 replies
if the ARV is $60K, this is located in a historically non appreciation market (meaning value does not go up faster than inflation).
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22 April 2020 | 8 replies
Hello everyone!My investment partner and I are on the BRRRR train and have noticed that appraisals seem tightly influenced by offers. We expected a recent wholesale deal to appraise 20-30% higher than our offer. It ma...
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24 April 2020 | 7 replies
The most commonly reported figure for inflation is the Consumer Price Index (CPI).
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27 April 2020 | 5 replies
AppFolio is excellent, but the accounting portion is a bit odd if you're used to double-entry bookkeeping.
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21 April 2020 | 2 replies
A few years ago I had everything with Allstate (which is who has my personal stuff) but I moved everything when they put a hard limit of 4 properties on my PUP if insured with them - oddly, they cover everything that I have with State Farm as long as I maintain maximum limits.
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26 April 2020 | 5 replies
We're a little wary of California's great investment opportunities as the market seems inflated and the percentages seem lower generally but surely there's opportunity.
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9 May 2020 | 76 replies
I'm also inflating my vacancy for now.2.
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22 April 2020 | 2 replies
I have some savings, but the deals I’ve been involved in I have no money in and mostly deal with contractors and the tenants and all the other odds and ends.I want to have more capital to become a more valuable asset to future partners and I stumbled across wholesaling.