Hi everyone!,I have a quick question that I would love to get some folk’s thoughts on. So I recently acquired my first 3 unit househack and decided my next vision after stabilizing this property for the short-medium f...
Looks like we are going to successfully close a deal with tenants in place. One unit has a long term Section 8 tenant. We have never done Section 8 so I am wondering what happens when we acquire the property. Does i...
I just started at Coldwell Banker in West Hollywood. What are some creative ways to generate leads in a competitive market?
What is your real vacancy rate? Do you go back and actually calculate it each year or just have a number in your head? I typically input 8% in the financial calculators before I purchase a property but some are better...
I have a new tenant who is turning out to be a total pain in the you know what. Adult couple and kids who began a lease only a month ago. The unit is very large, was just partially renovated and repainted before the...
I am terminating the lease of an arbitrage rental unit (2 units in 1 house) in compliance with the lease. We rented the house unfurnished and we fully furnished and decorated the property. I am working out a deal to t...
Hey everyone,
I’ve noticed a lot of discussions lately about finding the right property manager, so I wanted to offer some insights for those in the process or considering it. Having worked with multiple property man...
Which program do you prefer and why?
So I went to a reia meeting Monday night and the guru pitching his stuff was Andy heller. I don't want to buy his whole system but a lot of it was based on relationships with REO agents. Which brings up a flaw in my b...
Where to spend my marketing dollars for wholesaling ?
I'm analyzing two markets that I'm interested in. I am using listsource to pull the most cash buyers in the past six months by zip codes. Then looking into those ...