Jacob George Lada
Building new, SFH or multifamily?
21 March 2020 | 4 replies
It's essentially paid down to 193-194k total since then.
Will Graves
First time investor - where to turn?
24 March 2020 | 14 replies
I cannot speak to NYC/Philly, but currently own 4 SFRs and a duplex and happy to talk more about my experiences (overwhelmingly positive) through messenger.From an education standpoint, and without the intent of becoming a full time real estate professional, I would be listening to podcasts, youtube videos, the forums here, for people that have done similar things.
Catherine Lacey
Grand Rapids multiplex under contract
1 April 2020 | 4 replies
I cannot join the inspector due to COVID-19 new rules, but he said he'll take videos and call us afterward.
Tushar Sharma
GTA Martket and Coronavirus
21 March 2020 | 2 replies
Unless you have a 6-12 month reserve for your portfolio, you might want to scale back on maintenance and non-essential spending.
Kristen R.
Notice of Non-renewal Question
7 April 2020 | 6 replies
Essentially the goal is to have PROOF if you have to go through formal eviction process, etc.
Michael Rivers
Analyzing Rehab Remotely | Social Distancing in COVID-19
24 March 2020 | 2 replies
I not only do a video inspection of the property for them, but I also run the numbers for them.
Jill F.
Rent and Covid-19-our letter to tenants
8 April 2020 | 73 replies
Jill, I don't think this is the best approach... as some have already stated... you are essentially laying out your financial troubles (or at least giving an impression of them) and are asking for a 'community' effort and asking for those which are able to pay rent, to pay it and for those that can't to pass and then go on to address other peoples problems with mortgages - Tenants won't care about that and for those can make their payment or where able to but on the fence about making payment you have just paved road for a 'payment as desired' situation.
Kim Wu
Does BRRR method works in Hamilton?
11 April 2020 | 7 replies
I watched a couple of videos on Youtube and understand the 'general' idea of how it works.However, I am struggling to apply it in the real world.So I am looking to buy my first investment property in Hamilton.Please correct me if I am wrong, here is what I understand so far1.
Kim Wu
Property Management service in Hamilton?
11 April 2020 | 2 replies
. - on-going communication with tenants and you,- move in and out inspections and reports,- monthly reports (may be financial),- monthly survey,- co-ordination with contractors, maintenance crew, cleaning staff,- taking pictures and videos, - using the management tool you provide, - picking up supplies, - 24 hours on-call,- ensuring paperwork/leases are complete, - issue notices, writing notices and posting,- ensuring low vacancy, ensuring high rents,- resolve issues,- collect laundry money,- be nice and approachable, etc... you get what you pay for.
Eric Bergin
Loss to Lease Calculation
22 March 2020 | 4 replies
Blog and a video which is what I needed.https://tsmfinancialmodels.com/blog/loss-to-lease