8 January 2021 | 27 replies
My insurance has covered costs of the damage both times but the coordination from me and stress on the tenant to have to deal with a month of contractors in their apartment is a bit much.
7 June 2020 | 37 replies
The government should then analyze this, and notify the landlord of the income increase or decrease.
4 June 2020 | 8 replies
I'm also a fan of what Jaysen said, I really think you can remove some of the stress of having to find a property where there is enough of an equity gain by rather finding a property that cash flows sufficiently.
4 June 2020 | 4 replies
You should get compensated for the decrease in value and lost land.
4 June 2020 | 1 reply
That ain’t the job for you… I can’t stress this enough picking a job is like walking through a candy store, a lot of them seem good till you break them down by pay/demand/desire and look at them, don’t get distracted by something shiny.
12 June 2020 | 4 replies
I always wanted to invest for cash flow, and I know that’s the only way to invest in markets like this, but I’m concerned that in the event these local markets do not recover as all the capital and jobs flee to hotter markets (the same way the Rust Belt never totally recovered from losing manufacturing jobs) rents and property values will decrease.
12 June 2020 | 1 reply
For example: $1 invested = $2-$3 in value through decreased vacancy, increased rent, and asset valuation Here is my list:• Entrance and facade improvements $$• Flooring improvements $$$• Interior and exterior paint $$$$• Landscaping interior and/or exterior $$$$• Mural on exterior $$$• Lobby Bathrooms $$Key: More $ signs means higher ROI WHAT DO YOU THINK?
11 June 2020 | 36 replies
I have had fires, I have been physically threatened, I have had wife beaters smash windows out, flooding, tornadoes, evictions for non payment - like real stressful problems.
5 June 2020 | 7 replies
What I mean is you either increase rent and pay the expenses or decrease rent and they pay the expenses.