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27 December 2024 | 21 replies
@Sergio P Ramos in my area these types of training burns are still common.
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14 January 2025 | 329 replies
Tenant must prove the following:1) they are unemployed2) if unemployed, they must show their unemployment insurance statements and small business protection statements (because a lot of them are getting more money in unemployment and some also get the small business protection paychecks from their employers)3) if so, they must pay 50% in rent each month or should get kicked out within a month; heck 50% of unemployment check should go directly to the landlord or mortgage company so don't let the tenant be the one to decide if they want to pay out or not4) but with the money, they should voluntarily move into a smaller, cheaper part of town instead of staying put (common sense is that when you lose your job, you send out resumes looking for another job while collecting unemployment and also looking to move and downsize to a smaller, cheaper place); you don't stay put and be a squatter5) they must show their bank statements (checking, savings, retirement accounts, etc.); any money they have in there must go towards paying 50% of rent as well6) if they are short on all the above, they must move in with family / relative / brother / sister / parent, etc.7) the only situation when they have a right to be a squatter is when they can prove that they will be homeless if evicted and have no one to turn to and no money in the bank (but whoever gets to this situation is a lousy manager of money and don't know how to live within their means while employed)
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21 December 2024 | 3 replies
If you are buying in a LLC there is typically a loan agreement and personal guarantee that is common
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11 December 2024 | 3 replies
Hello, we have a. apartment complex in LA County and want to install security cameras in the common areas.
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25 December 2024 | 12 replies
Very common to have structural issues caused by soil movement.
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21 December 2024 | 10 replies
Its crucial that you know what the properties common rent is per month.
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24 December 2024 | 3 replies
For average investors without large amounts of capital to deploy this is a common approach to growing a portfolio.
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24 December 2024 | 12 replies
As a negative, it also has the largest gap between the cost to buy versus the cost to rent, making cash flow extremely difficult without committing more equity up front.
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1 January 2025 | 26 replies
Flipping properties, commonly called “wholesaling” can be done ethically, legally and successfully.
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25 December 2024 | 8 replies
You say multifamily isn’t common around you - have you actually looked it talked to a realtor?