11 September 2023 | 51 replies
My gut says that most accidents occur due to excessive alcohol consumption.I take safety very seriously but like others have said, you can mitigate as much as you can but in the end, you can't fix stupid.
24 May 2019 | 1 reply
@Steven Saucedo That might be a little excessive.
17 February 2019 | 12 replies
Brandon Arnett Anything that takes cashflow out of your pocket as an investor is annoying: vacancy, maintenance & repair calls, cap ex, tenant turnover costs, tax & insurance increases, evictions, etc.What you might consider as “headaches” would be extended vacancy, inherited tenants, excessive maintenance calls, late rent, mold, pest inhabitation, insurance claims, tenant turnover process, eviction process, non-responsive property managers, and the list can go on.You can get ahead of most of these issues by buying properties in B- or better areas, having a thorough inspection done, doing a strategic rehab prior to placing a tenant, selecting proper insurance coverage, hiring the right property manager, and then staying in regular communication with that property manager.
27 February 2019 | 17 replies
Make sure whoever is trying to raise the funds has proper procedures, accreditations, and experience or things could go wrong down during the process.The ongoing fees for 3 years could end up being excessive.
21 December 2018 | 24 replies
You might as well say "you know you're asking $150K too much.." as well, and they wouldn't know the difference.My wife as I mentioned came in as VP of a finance company set up by a large insurance company that had excess cash to invest, too much, so they decided "why not a finance company?".
27 May 2024 | 3 replies
You should only consider switching when your current software has a significant flaw or lacks features that force you to spend excessive time on workarounds.
14 May 2024 | 4 replies
A tenant who wants to stay and is on a fixed income is likely to stay a long time which means you won't have excess loss to vacancy/turnover.
20 December 2011 | 12 replies
That 84 unit property by the way, 364,000.00 in excess expenses, un forseen un planned.
7 October 2009 | 20 replies
The economy is bad and should be bad for a little while as the past excesses are worked off but I think people in the U.S. are civilized (in most places) so we need not worry about fighting off our neighbors.
27 November 2018 | 24 replies
My risk appetite is not great, so if it's not a name I won't look at it.