Penny Wilkinson
Looking to sell a duplex but having trouble determining value
16 January 2025 | 15 replies
This method provides an indication of value based on the property's rents.
Melissa Sejour
How do you research the best areas to invest in?
29 January 2025 | 11 replies
.- You can look into call kinds of economic growth and financial indicators as well to help narrow the list.- I've also heard of people choosing a market because the team they could put together in that market was the best team they found
Brandon Vukelich
3-unit STR/MTR $107k NOI on $187k REV
29 January 2025 | 12 replies
Past performance is no indication of future returns.EDIT - Ok so I just did a quick scan of the greater Tacoma area and right now you valuation seems high at 1.4m.
Rose White
Tenant Background Check
15 January 2025 | 6 replies
Current and past behavior is a good indicator or what they'll actually do, thus our process above.Good luck!
Raul Velazquez
REI in Vancouver, BC
17 January 2025 | 9 replies
Single family homes are usually the best as they have fewer limitations.
Paloma Wodehouse
Strong Tenant Laws & How to Protect Yourself
14 January 2025 | 8 replies
Install cameras and exterior lighting on timers, place no trespassing signs, and place items that indicate occupancy - like a BIG dog bowl near the front door, shoes, etc.
Hitanshu Shah
PM has breached contract; legal options for Out of State Investor?
15 January 2025 | 7 replies
A tenant complaining online might indicate that the property manager handled them appropriately, so be sure to ask the manager for their side of the story.7.
Laura S.
Advice for 1st time landlord evaluating applicant
6 January 2025 | 5 replies
The credit score is the single best indicator of how one pays their financial obligations.
Brice Alef-Torrisi
Managing finances between multiple properties
14 January 2025 | 7 replies
@Brice Alef-Torrisi putting each property in its own LLC is usually overkill.Getting a bank account for each LLC is typically something you need to do to avoid "piercing of the LLC corporate veil" (actually depends on tax selection you made for LLC), but is also overkill.You haven't indicated how you are holding the deed for the latest property.If in your name or same LLC, you don't need a separate bank account.If in separate LLC, you can create a Master LLC, have each property LLC hire the Master LLC to manage their affairs, and just get a bank account for Master LLC.This is an opinion, not advice, so lookup CPA Frank Alcini in Troy for expert advice.
Zachary Kotiadis
*Using an FHA loan, can I move during the first year?*
17 January 2025 | 9 replies
However, I have found trails of information on the internet and FHA-type websites indicating if you relocate due to work, that you are not bound by the 1-year rule once you begin at your new place of employment.