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19 December 2024 | 4 replies
We help our clients:1) Find a fixer-upper to buy2) We get bids3) Negotiate a Scope Of Work with the owner using "Maintain to the Neighborhood" to avoid over-improving, but understanding we will have to pass city Rental Inspection to avoid being a slumlord.4) Provide multiple jobsite videos to show progress and document WHAT was done and the QUALITY.5) Handle passing city Rental Inspection6) Find a tenant with a Replacement Guarantee per Class7) Assist with refinance, so client can repeatSo, why you looking OOS again?
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11 December 2024 | 13 replies
Technically nothing Anderson recommends is wrong but in most instances what they recommend is completely unnecessary.
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18 December 2024 | 13 replies
Consider off-market sales to avoid public listings and minimize tenant disruption, using discreet marketing or a wholesale strategy.
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24 December 2024 | 8 replies
Making the right decision upfront is important to avoid the challenges of switching management or service providers down the line.
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24 December 2024 | 17 replies
I'm concerned that I'd buy a place in the winter, then it would either take a long time to find tenants or I would have to charge significantly less in rent to avoid a long vacancy.
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21 December 2024 | 6 replies
To avoid the risk management/insurance that comes with tenants' wood fire use:I'm thinking to seal the chimney cap on roof and run a cord putting an electric Infrared heater fireplace in there, so they can still open the glass and get heat and watch TV over the mantle, but can't burn anything or have any flame.
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19 December 2024 | 22 replies
For example a price below where I think it will sell for, attracting more Buyers, but not too low where I'm doing unnecessary work filtering out Buyers who don't understand the market conditions.
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23 December 2024 | 24 replies
Just fixing a property over 2 years, then selling it and avoiding capital gains tax, then repeating.
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25 December 2024 | 10 replies
You might want to limit your visits though to avoid escalation.Short term if the smart lock is on his personal door just change it to a key if it's isn't working for him, you can always switch back later.
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24 December 2024 | 9 replies
Having that strategy in place will help you avoid potential stress when the time comes.Overall, I think this deal has a lot of potential, but it’s crucial to have a strategy in place for managing the short-term financing risks.