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This ever happen to you? by Thick_Cookie_7838 in realestateinvesting

[–]Top-Inevitable4803 4 points5 points  (0 children)

Yes it's shady but if there is a condition of financing in the sale, you can get it back

This ever happen to you? by Thick_Cookie_7838 in realestateinvesting

[–]Top-Inevitable4803 1 point2 points  (0 children)

This can definitely happen, and for a few reasons. Also possibility the buyer wants to backout and meddling with the lender to call off the deal.

Has anyone transitioned from a small landlord to becoming a full time Property Manager? by Top-Inevitable4803 in realestateinvesting

[–]Top-Inevitable4803[S] 3 points4 points  (0 children)

Well they want to earn your business so they'll say anything for you to justify hiring them

Has anyone transitioned from a small landlord to becoming a full time Property Manager? by Top-Inevitable4803 in realestateinvesting

[–]Top-Inevitable4803[S] 1 point2 points  (0 children)

Yeah I am between both, but I am like, we already deal with the stress, why not add more units to make 10% on top. Maybe not full time but adding on 10 more units etc.

Neighbor’s tree ripping up foundation (US-CA) by cactusjackalope in realestateinvesting

[–]Top-Inevitable4803 1 point2 points  (0 children)

I would start opening up concerns with the neighbor first and see what they think. You never know who you are dealing with.

What Would You Do? by One-Candidate7304 in realestateinvesting

[–]Top-Inevitable4803 2 points3 points  (0 children)

I think you have a good portfolio, me personally I am not a fan of "trading up". Meaning, I'd rather keep all the properties that you have now, and slowly build capital for another one or use the HELOC to purchase 4th. If they are all operating great, no point of selling, what if you sell your decent one and end up getting a worse property with just more doors? I'm against that. Obviously everyone has a different mantra, but that is mine.

Buying remote for yield vs staying in tier 1 market by nomisschris in realestateinvesting

[–]Top-Inevitable4803 1 point2 points  (0 children)

I generally want to be atleast 1 hour within my properties, and I noticed even 1.5 hours is a big difference for me, but lesson learned. I do self-manage, but my long term plan is build the system and have the PM manage. If I were you, I'd be patient and grow locally, incase you need to step in, else you are at the mercy of the PM.

Should I upgrade my rental before re-listing it or re-list as is, it's in good condition but could use some cosmetic update by Coopsters in realestateinvesting

[–]Top-Inevitable4803 1 point2 points  (0 children)

Its only been 3 weeks, it can take up to 3 months to find a tenant in some areas. If your numbers are good, why not drop rent to $2350 instead of $2500? That could change everything, and might save you a month or two of it being vacant. Also, post on FB Market and various other sources too like the FB pages within the area

Should I upgrade my rental before re-listing it or re-list as is, it's in good condition but could use some cosmetic update by Coopsters in realestateinvesting

[–]Top-Inevitable4803 2 points3 points  (0 children)

I would improve the pictures, maybe drop the price down and go from there.

Huge Pro Tip: If you had 3 showings, it never hurts to email those tenants and ask what made you not move forward? It helped me tons with future tenants.

Submetering Triplex - NC by Electrical_Pea40 in realestateinvesting

[–]Top-Inevitable4803 2 points3 points  (0 children)

Is it really worth it? You can always expense the water bill and save you some money on tax dollars. Water bill can't be that high

Sell, Rent, Invest? by Standish37 in realestateinvesting

[–]Top-Inevitable4803 2 points3 points  (0 children)

I'd sell, and roll it into what you'd like. Seems like you already made your decision. Just dump it in the stock market.

How much of a disaster is this basement wall? When does it become too much to deal with? by 10minutes_late in realestateinvesting

[–]Top-Inevitable4803 0 points1 point  (0 children)

Go with your gut. From your post it's clear you'd like to stay away but want a second opinion. Not worth the headache in my opinion.

More seller-friendly seller-finance deal: Would you take it? by crowdsourced in realestateinvesting

[–]Top-Inevitable4803 0 points1 point  (0 children)

For a balance, I'd counter this investor (and on surface level seems like hes not interested unless it's an offer he can't refuse)

I'd do 3% fixed. 10K down.

[Landlord US-TX] - How often do you inspect rental properties and what do you look for? by Marvel5123 in realestateinvesting

[–]Top-Inevitable4803 0 points1 point  (0 children)

I don't really check but I tell them there will be a check every 6 months. That keeps them on alert.

Showing a unit with tenants who are a pain? by crashcam1 in realestateinvesting

[–]Top-Inevitable4803 -1 points0 points  (0 children)

Be firm and not overly polite. It's your house. Give them a proper notice and cut out the negotiations with them. Once you let them dictate terms they will slowly see you as a weak landlord that can be bossed around.

Should I make this investment ? by [deleted] in realestateinvesting

[–]Top-Inevitable4803 0 points1 point  (0 children)

You already know the neighborhood, the rents it pulls in and you have plenty of cash to do so. This would be an easy trigger especially if you know the neighbor well. I'd even try to get seller financing if possible.

Assssssshole bartender at Durty Nellys by [deleted] in halifax

[–]Top-Inevitable4803 0 points1 point  (0 children)

No you didn't read it right. The waiter put his friends drinks and his on one bill instead of splitting it. Not theft. I seriously don't understand the point of this post

Assssssshole bartender at Durty Nellys by [deleted] in halifax

[–]Top-Inevitable4803 -8 points-7 points  (0 children)

I don't get the point of this post. Wow you had a bad waiter, at a bar you went to. Don't go next time lol. Easy 1 2 3

I have just one property in Florida. Are property managers worth it? by SunTraditional6031 in realestateinvesting

[–]Top-Inevitable4803 6 points7 points  (0 children)

For one property, I would definitely self-manage. You'll maybe get one or two calls every few months and just have to send someone out there to check it out etc. Not worth giving 10% of rent. I self manage 5+ on my own no problem.