Allyssa McCleery
purchase checklist creation
16 October 2018 | 0 replies
Needless to say, I messed a lot of things up.Some things I know for next time:-make sure to include security deposits credit and prorated rent credit in the purchase contract-make sure to keep all addendums that may be needed saved on computer for quick access-get all the necessary documentation for rehab funding from the contractor before going into contract on the property (my lender needed his insurance, workers comp, experience, etc. and I was not able to get rehab funded in the loan because the contractor would not send this to me and it was too late for me to find another contractor)-check that title has gotten the documents correct before they are sent over to the seller-take pictures of the house during the walkthrough for insurance purposes-check for flood zone early on -give yourself a realistic timeline for closing-check reviews on title company before choosing oneDoes anyone else have any recommendations?
Matt Smith
Small Town Duplex; Big Time Cash Flow
28 November 2018 | 8 replies
Have they had trouble selling, was it inherited, does it include additional tracts of land, or solid construction traits not advertised. 6) Try to acquire with $5k or less down, and payments low enough to sustain long term in case of long vacancies.
Alex T.
Plumbing service plan worth it?
17 October 2018 | 5 replies
One suggested signing up for their service plan ($20/month per apartment) which includes one annual boiler checkup prior to the winter to avoid issues like mine and small discount on regular plumbing services (50% off of service call charge of $95 and 10% off labor costs after).Is this something you guys would recommend?
Mark Hong
Minneapolis Zoning Restriction
24 November 2019 | 10 replies
I will share that it is difficult to convert any SFH or duplex to a triplex as you go from IRC building code (1-2 family homes) to IBC building codes which are much more restrictive as it is for any commercial building which is any 3+ unit including 100-200 unit apartments so there is sound and fire ratings that have to be adhered to.Hope this helps.
Adam Harper
Fort Lauderdale home insurance
16 October 2018 | 1 reply
I’m about to put an offer in for a waterfront single home in Fort Lauderdale and got an estimate of 6k per year for home insurance, not IncludIng flood insurance.
Duane Kidman
Is BRRRR not so good during down times - let me know.
16 October 2018 | 2 replies
@Duane KidmanIt's a good question.Rental property analysis and BRRRR included does have a vacancy % factor in the analysis.
Kaleem Ullah
Looking to invest in pg md or Howard md!
24 February 2019 | 13 replies
Not sure how important it is to someone flipping but I'm looking to include PG county in my investing area ( I live in Anne Arundel Country but work in Beltsville, MD.
Vidit Maini
Need guidance - Should I rent to some1 w a discharged bankruptcy?
23 October 2018 | 7 replies
Preparation includes how to avoid bears, how to respond when you see one, and how to defend yourself if they attack (bear spray, a Sig Sauer P220 in .45 caliber, a hatchet, or a sharp knife).
Shaun Calloway
Paying over asking in Houston and making a profit?
21 October 2018 | 17 replies
A nuclear facility was built including the nuclear tower.
Trent Lee
List of Turn key companies
19 October 2018 | 10 replies
Whoever you consider working with in the future I highly recommend you thoroughly vet them, and that should include a visit to the market to meet with the team, see their work and the neighborhoods they invest in.