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24 October 2021 | 8 replies
Did your marketing or lease address this?
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1 November 2021 | 3 replies
If the last known address is the landlord’s rental property, send the notice to that address."
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28 October 2021 | 9 replies
I would like to get your feedback about the information I've compiled to do it the right way and efficiently.
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27 October 2021 | 2 replies
Would like some advice on this deal - thank you in advance SFH under contract for $106k (current owners purchased a year ago for $59k and did lipstick on a pig) - neighbourhood nice b /class neighbourhood - no crimeInspection brought up a few things Asbestos tiles in the basement, im told they are fine but I would prob want to epoxy over them to be safe though not needed I just dont want to have anyone at risk ($1500)Roof will need to be replaced in the next 1-2 years ($8-9kish)Garage door needs to be replaced ($700)Stairs and driveway need to be addressed ($2k)Had drain scoped needs to be cleaned out ($500)AC is working but on the way out ($2k)a few windows needs to be replaced and smaller stuff etc - looking around 15-20k out of pocket to get home up and running Now all done up this home will appraise for $120-125k and rent for 1400 a monthhowever and I understand the sellers want to make some money (home was sitting on the market for awhile) but this is a pretty big list of big expenses and while I dont mind taking them on to be all in with zero meat on the bone from an equity standpoint seems not ideal as I will be locking around 40-45k up in the property.Insight appreciated - thank you for getting this far
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27 October 2021 | 8 replies
However, they had my address as the rental address.
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26 October 2021 | 2 replies
Would like some advice on this deal - thank you in advance SFH under contract for $106k (current owners purchased a year ago for $59k and did lipstick on a pig) - neighbourhood nice b /C class neighbourhood - little crimeInspection brought up a few things Asbestos tiles in the basement, im told they are fine but I would prob want to epoxy over them to be safe though not needed supposedly I just dont want to have anyone at risk ($1500)Roof will need to be replaced in the next year ($8-9kish) and chimney needs workGarage door needs to be replaced (has a hole in it) ($700)Stairs and driveway need to be addressed - very bad trip hazard, driveway needs serious work ($2k)Had drain scoped needs to be cleaned out ($500) but otherwise goodAC is working but on the way out in the next yeara few windows needs to be replaced and smaller stuff etc - looking around 15-20k out of pocket to get home up and running Now all done up this home will appraise for $120-125k and rent for 1400 a monthhowever and I understand the sellers want to make some money (home was sitting on the market for awhile) but this is a pretty big list of big expenses and while I dont mind taking them on to be all in with zero meat on the bone from an equity standpoint seems not ideal as I will be locking around 40-45k up in the property (from DP and fixing cost) and homes in this area appreciate around $1k a year - so not much appreciation potential Insight appreciated - thank you for getting this far
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26 October 2021 | 0 replies
So If you are willing to review these relatively short contracts to help a rookie out, please respond with an email address I can send the files to, I would VERY much appreciate the help!
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2 December 2021 | 27 replies
A few resources: 1) Trulia.com Put in an address and get an overview of the neighborhood crime rate, avoid high crime areas. 2) Rentometer.com Put in an address, bed bath count and it gives you projected rates.
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2 November 2021 | 6 replies
Most of them send emails from official email addresses and no contact information is mentioned.
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5 November 2021 | 8 replies
Our other interests include investing in land for low impact STR’s and investing in older multi-family units and renovating for efficiency here in Maine.