They have a stable of regular cash buyers who are willing to buy based on what they say and the photographs and cause minimal headache during the transaction.

While the carpet still feels cushiony and looks good, it clearly needs to be replaced due to the damage caused by the tenants.I’m planning to install LVP flooring, which was quoted at $4,700.

@Matt Smith generally speaking it’s a combination of rising interest rates which have caused cap rates to increase (thus wiping out equity), debt is resetting at higher rates, rising opex costs due to inflation and stagnant or softening of rents due to an increase of supply.

If a “day” is midnight to midnight, it’s unlikely we will be able to meet the “Days used for repairs and maintenance” criteria on Friday, therefore causing a Personal Day.

A lien release is one of those details that’s easy to overlook until it causes problems.

With all else being held equally seeing this drop would be a cause of concern, however; what is interesting is the average days on market fell during this time as well. down to 67 days on average.

Coverage Gaps and Exclusions:Homeowners policies often exclude claims related to tenant-caused damage and other risks unique to rentals.

Even if your most expensive formal eviction was only $1,600, the real cost is in the time.In Connecticut, the eviction process can easily take 3–6 months (or longer if the tenant contests), during which:You’re losing monthly rent — potentially $4,000–$8,000 or more.The tenant may stop maintaining the unit or cause damage.You’re likely paying legal fees, court costs, and potentially storage/removal fees after they leave.So while cash for keys feels like a “bonus” to the tenant, it’s often the cheapest and fastest path to getting your unit back in rentable condition — especially in states with long and tenant-friendly eviction processes. 

I don’t recommend doing your house flips in an LLC that you personally own because it could cause the IRS to label you as a “dealer.”

Quote from @Jaime Zarate: I was just curious is there ever a right time to buy a house like a lot of people around me say wait till the market goes down cause it’s high but like it always seems like it’s gonna keep going up you know I know there’s sometimes the moments where it goes down a little bit, but it’s always gonna go up noYou can google historic home prices (for example case schiller index) if you want to know.