12 May 2018 | 5 replies
We have done several flips using different crowdfunding lenders, and those lenders have been willing to use an external BPO instead of a full appraisal when we are unable to get inside the property for various reasons.
18 April 2018 | 4 replies
So here goes:For "good reasons" and as part of a 1031 exchange, my California LLC acquired three different Ohio apartment properties in January.
19 April 2018 | 4 replies
But all the times I went to court and saw other landlords get their evictions denied, the two biggest reasons were 1) not delivering proper notice and 2) accepting partial rent.
18 April 2018 | 4 replies
Conversely if for any reason the price the market is willing to pay for an apartment goes down yet an old lease is charging more, then this is called a gain to lease.Typically, in multifamily, gains to lease are rare because leases are usually 12 months or less.
19 April 2018 | 5 replies
There is no reason to hold on to any tenant that can not or will not pay full market rent.
19 April 2018 | 1 reply
I then use as I see fit.This isn't legal advice, but the only downside I see from this is if they ever leave early and try to sue for getting rent back because you as the landlord didn't fulfill your end of the lease terms for some reason.
24 April 2018 | 6 replies
The reason most landlords do not is because tenants have no incentive to do a good job of maintenance because they do not own the property.
23 April 2018 | 6 replies
The reason most landlords fail as investors is they do not run their properties as a business.
20 April 2018 | 19 replies
Account Closed Yeah the challenge I am facing is almost every property I have found is either way overpriced to be profitable, priced reasonably but in a high HOA area that eats the profits, or cheap but not in an area that can draw the rent (or tenant type) I am looking for.
19 April 2018 | 3 replies
It covers all the counties in California. every county is a little different.New home builders generally charge all closing to buyers, and then give them a credit back for closing costs if they use their preferred lender or some other reason.