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14 January 2025 | 8 replies
The #1 reason that landlords fail is due to failure to manage to the lease (Source: American Apartment Owners' Assn).
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9 January 2025 | 3 replies
If it's zero, put in a zero, line through it, or something.If you don't use a manager, line through the entire clause and then you and the renter should initial the beginning and end of the line as proof it was agreed to.NHG (D) As used in this Lease, Landlord’s “Authorized Management Agent” means ______________________________, address:___________________________,who is also authorized to act on behalf of Owner for the purpose of Service of Process and accepting Notices NHGYes, you would check the line next to the form(s) of payment you accept.
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11 January 2025 | 19 replies
The idea behind the expansion would be to make the property more profitable for two owners and to always have enough units for the owners’ to be able to enjoy the property without having to disrupt the rental business.
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14 January 2025 | 9 replies
Secondly, short-term rentals provide flexibility for owners, allowing them to potentially use the property themselves when not rented out.
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13 January 2025 | 11 replies
Mordechai ChaimovitzTwo-unit owner-occupied falls into an odd category, really any 2-4 unit with a nice owner's unit for that matter.
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9 January 2025 | 5 replies
The main condition was I had to have the downpayment (20%) first, close the deal, and then execute the owner financed 2nd mortgage.
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27 January 2025 | 14 replies
And if you bought this property several years ago, then you probably already have a killer rate, so suggestions to refinance seem silly as you probably already have the lowest rate....especially if your refinance was completed as you were an owner occupant, and not categorized as an investor to a Lender.In terms of tax implications, again, it depends on what your ultimate goal is, but if you placed this into a trust, or even a beneficiary deed, it would pass through to a beneficiary who would not have to pay capital gains on it in order to sell it.
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14 January 2025 | 17 replies
California is the only state that has essentially put a rent control type of restriction on home owner insurance premiums.
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14 January 2025 | 329 replies
Housing is apparently a human right that's owed from the owner to the renter.
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19 January 2025 | 56 replies
If you google the Wyoming address it is an attorney's address who specializes in setting these companies up and is a mail forwarding service not a "real" office with staff, owners etc.In the one investment document I read, your investment would be in a construction company with no assets and secured only by a UCC filing.