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16 December 2024 | 18 replies
Furnished Finder does make it tricky since you need separate profiles for each room, but platforms like Apartments.com or Airbnb might work better if you're aiming for full-house rentals or structured by-the-room arrangements.If you decide to rent to multiple individuals:Tenant Screening: Screen each tenant thoroughly to ensure they’re reliable and responsible.Clear Communication: Introduce potential tenants to one another Detailed Agreements: Use separate leases for each tenant and specify shared vs. private spaces, utilities, and maintenance responsibilities.House Rules: Create clear, written house rules to prevent misunderstandings.Inventory Tracking: Document everything in the home (furniture, appliances, etc.) to avoid disputes about damage or missing items.Also, market your property with its flexibility in mind—like proximity to hospitals for traveling nurses or universities for graduate students.
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15 December 2024 | 10 replies
The EPA is hoping owners will investigate and identify the pipes on their own, report it to their utility provider for tracking, and then the EPA can obtain funding for replacement.
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18 December 2024 | 29 replies
Starting with an FHA loan on a property with separate utilities is a great way to begin.
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8 December 2024 | 4 replies
This is because there’s well established case law that states a lender can only hold a guarantor personally liable if there was a benefit received.
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10 December 2024 | 8 replies
Your true asset hunters are in the basement, the yard, the whole property looking for ways to upgrade the asset that others are missing.You are being very smart about your VA utilization, you just want to make sure the asset is right.
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4 December 2024 | 4 replies
You can - 1) establish a trust for asset protection, 2) utilize the Homestead Exemption for property protection, 3) consider tenancy by the entirety for marital property (this might just be applicable to California, my home state)4) make sure you have adequate liability insurance for additional protection, 5) think about forming a business entity to shield assets, 6) and have proper estate planning for asset distribution.Seek tax and legal advice from experts in your state.
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13 December 2024 | 6 replies
I feel in real estate if one is truly involved in it these are two of the most important sites utilized.
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11 December 2024 | 6 replies
More specifically can you get utilities to the site?
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13 December 2024 | 10 replies
If there issues that need to be worked out with the 6-unit property, I would utilize that as a negotiating tool to work out a seller financing strategy with the current owner.
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15 December 2024 | 9 replies
I realized my confidence was lacking.Around that time, I begin working with an accountability coach and establishing some small goals, embarrassingly small,...5 calls a week.