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11 September 2017 | 14 replies
All long term tenants on this property that I have inherited.
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16 September 2017 | 14 replies
When you first acquire a property, you should get to know your inherited tenants before you contemplate upgrading their units ... you definitely figure out if you want to keep them before you upgrade anything in their unit.
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15 September 2017 | 4 replies
That's what I hear most consistently in success stories: pick a homeowner scenario (inherited house, high equity, out of state landlord, abandoned, etc.), and send many direct mailers to property owners that fit the description in your target area.
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13 September 2017 | 2 replies
This is essentially an inheritance, as I have never actively invested before.
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13 September 2017 | 3 replies
(these are inherited problems- I would never let a property get to this condition).
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12 September 2017 | 4 replies
Maybe they want out of the business, maybe they inherited the property, maybe they want to buy a larger property and need the money.
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24 September 2017 | 3 replies
Virginia;MilitaryBackground StoryI bought a duplex in November 2016 in Virginia but after I bought the property I hired a PM because I had to move to Mississippi for 9months and I had nobody in VA to overlook the property and collect rentI inherited 1 tenant and my PM acquired the other side.Predicament (because I'm nervous) & QuestionsPredicament I want to get rid of my PM because I want to have the stress of being a Landlord with small quantity of Units so when I acquire more units in future and hire a PM I will know everything there is to know or at least enough to not get toyed around and taken advantage of.Ive read Brandon Turners Book, For dummies book, Virginia Landlord and Tenant Act which were beneficial.
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1 June 2019 | 32 replies
The date of the import, contact info for the owner (and the persona who inherited the property if probate), a mailing address if it's different, the name of the original list for quick referral, and some kind of a way to track which mailings said contact has been part of.
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15 September 2017 | 17 replies
As I see things, my options are: (i) eat the cost; (ii) have seller adjust the purchase price down by some agreed upon amount; (iii) have seller write a check for the missing security deposits; or (iv) have inherited tenants pay a security deposit when we take over the property.
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18 September 2017 | 15 replies
I've been in a country where nobody can own real estate.But the best of all was Turks and Caicos, where there is no income tax, no capital gains tax, no real estate tax and no inheritance or estate taxes, if that doesn't encourage real estate investing, I don't know what will.