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1 November 2021 | 37 replies
ROI, and other such metrics, estimate how the property is likely to perform on day one of a lifetime hold.
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12 September 2021 | 4 replies
I'm currently rehabbing a 4 unit in Detroit and my plans have been stuck in plan review due to fire plan drawings.
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4 September 2021 | 1 reply
Create searches that you can review everyday.
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3 September 2021 | 8 replies
@Ryan PassiI'd consult an attorney to review your lease and give you some solid advice.
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6 September 2021 | 11 replies
In my market, if a tenant is working with a realtor, you are merely a rest stop in the house hunting game.Based on my regular review of listings, if you list with a realtor you are likely to have to absorb more vacancy than others.The 2nd is until recent market changes... now we all feel like pre-pandemic Brooklyn landlords- we could rent out a garbage can.I never saw the need.
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8 September 2021 | 3 replies
With that said, below are some tips on how to find a local CPA.1) Attend a Local REIA / Real Estate meetup and see who other investors are using as a CPA2) Network with other investors from your City/State that you find on bigger pockets and see who they use as a CPA3) Look for CPA's with good google/yelp reviews where 'real estate' is mentioned in the review.
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3 September 2021 | 3 replies
But the length of time you actually hold is on metric.
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8 September 2021 | 14 replies
There are much better metrics to track more closely.
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10 September 2021 | 8 replies
In fact, I’ve since reviewed the lease which states that the tenant is required to leave the property in “clean and good order” and even mentions cleaning the fridge and stove which they did not, so I should be covered.
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6 September 2021 | 14 replies
There is usually a warranty (tenants break things) and free delivery, installation and haul away of the old appliance. new appliances are so cheap these days that I don't buy a used one -- especially not from craigslist where it could break shortly after purchase (no reviews on who is selling it) and then it's a hefty fee to get someone out to fix it. repairman are expensive these days whereas appliacnes are becoming more affordable.