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Often, prospective tenants will come and request a certain demand. - “ Well, can you paint this a different color “ - “ Well, what about the outside, will you update the gardens? “ - what about the dust? Seems dusty e...
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I am checking turnkey properties. Seems like all of them are charging above retail prices if you compare them with local comps. This makes the exit strategy difficult for the investor. If you hold the turnkey property...
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I just finished a BRRRR just outside of Seattle, Washington. This deal had all sorts of complexity. It was an out of state deal (I live in the SF Bay Area), where I 50/50 partnered with a contractor, and got a private...
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Possibly the only thing that I have ever heard Grant Cardone say that I fully agree with is that when you start a business, you had better forget about working 9 to 5 and commit to working 95 hours a week.
Those 95 h...
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Hi Everyone!I’m relatively new in my STR/MTR journey (but have extensive LTR property management and investing experience). For anyone who is in the STR industry, what would you say is your biggest obstacle to success...
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We all have different cleaning standards, but some people are just filthy! Below are images from an actual apartment that's been occupied by the same tenant for almost 30 years. He pays 15% below market rate but has n...
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We are seeing more and more syndications and funds getting into trouble. And while years will have to pass before we can really understand the nuances of what leads to losses in each deal, and how to parse out what is...
Recently I was reading something that suggested putting in crown molding and finer touches to a rental property. The purpose to attract quality tenants. The idea on the surface sounds good, we all want to attract qu...
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Sorry, I cannot past a link properly, but according to
http://www.clearcapital.com/company/MarketReport.cfm?month=January&year=2012
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So I received notice that I am being sued by our last tenant in Racine Wisconsin.
The back story is that I had a property management company taking care of the single family property but I was notified about issue...