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Hello,I've had some issues with excessive costs through my property management company over the years. I'm a passive investor and these properties are in a different state than I reside in so I'm not there in person ...
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Not sure if I mentioned that today. Yes, I am 100% invested in Index Funds , and yes, I am staying the course (Probably take years to recover the losses), and yes I believe in "Buy and Hold". It just stinks to see ten...
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I'm trying to analyze a triplex that's for sale, but the units are fully rented out and the owner wants a written (and accepted) offer BEFORE scheduling a time to see inside. He then said, to go inside I need an "insu...
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1) Not keeping enough reserves. Big expense hits and owner cannot handle it
2) Fix/flip - unforseen repair needed. Too many deals go bad.
I'm curious to hear how RE empires go down during recessions.
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I will be rehabbing my investment property (property manager will oversee) and am wondering if contractors expect some upfront payment (e.g carpet layer to buy carpet, cabinet maker for kitchens). I currently have a s...
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Our property manager emailed last night stating they are having an "emergency meeting" to discuss whether they should continue business given the new regulations signed into effect by Gov. Cuomo. The new tenant prote...
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With our old contractor, years ago, we'd walk through a property right before we placed the bid, so we could see if my calculations for the renovation were on spot. He'd give me ideas, show me ways we could avoid/...
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