
3 August 2022 | 0 replies
This home is now a vacation rental that can be rented as the whole home, sleeping 8, or more if you do air mattresses, or each floor is indpendantly rentable on its own.

3 August 2022 | 0 replies
I know it in my dreams, life and while i am sleeping i gets into property analysing and making transaction and investing.

4 August 2022 | 4 replies
Is email notification sufficient or do I need to post it on their door?

9 August 2022 | 2 replies
This should be sufficient to cover the expenses of the property (including vacancy and capex reserves!)

4 August 2022 | 4 replies
The FHA Appraisal also has pretty specific sections including: No damage to the foundation, roof, or exterior, Safe access to the premises, Working utilities, No exposed wiring or other electrical systems, A permanent heating system that provides sufficient heat for the home, No peeling or chipping lead-based paint, Access to clean water, No termites or other wood-destroying insects, Access to, and ventilation in, attics and crawlspace, No soil contaminants, such as from a damaged underground storage container, No safety hazards, such as stairs without handrails, Compliance with local zoning regulations.

4 August 2022 | 3 replies
We're also wondering if we put in writing the following and they agreed via email if that's sufficient:#1 they are still financially responsible until we are able to rent the space#2 we're charging a turnover fee $1k to let them out of the lease early and collect that immediately#3 security deposit will be returned according the the RI tenant laws (ie place is left in same condition as move in)#4 room is made available at reasonable hours for showings/open houseOr do we need to hire an attorney to provide a lease addendum stating an early termination fee?

6 August 2022 | 16 replies
If you get into a 3 or 4 unit, you will have to perform what is called a "Self Sufficiency Test."

24 August 2022 | 6 replies
This is mostly due to our homes comfortably sleeping 15-20 people and being able to target multigenerational groups who can split the rent.

7 August 2022 | 2 replies
Your basic insurance policy with $300,000 in liability coverage should be sufficient in 99.999% of all lawsuits.5.

11 August 2022 | 3 replies
Do you have sufficient capital reserve should the renovation cost more, take longer, or fail to lease up right away?