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5 January 2025 | 5 replies
In this manual (which I assume could be modified to provide to tenants) I include all the financing information (which you would not include for tenants) bank accounts, mortgage accounts, payment information, and mortgage payoff), a list of the contractors, what each contractor does, a list of upcoming planned or necessary repairs, and a copy of all leases associated with the property.
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5 January 2025 | 8 replies
I have seen some properties on MLS that I contact my realtor and they may know right away the reason it isn't selling from showing it previously, or they can review the realtor comments that aren't viewable by the public on MLS.Other potential reasons I have seen properties listed on MLS for a long time. 1) Some investors may not be comfortable inheriting existing tenants.2) It may be it is a class C neighborhood. 3) Structural issues.
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31 December 2024 | 4 replies
In 2023 I bought one house, invested in one syndication, and focused on fixing up existing properties.
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10 January 2025 | 2 replies
Common deductible expenses include mortgage interest, property management fees, repairs, and even travel expenses related to property management.
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2 January 2025 | 9 replies
I'm trying to get a mortgage, but it's entirely possible that the mortgage might not cover 100% of the price of the house.
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11 January 2025 | 10 replies
It's not quite as easy as renting out two sides of a duplex, but with the right marketing and management you could rent out the extra unit to supplement the mortgage payment.
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4 January 2025 | 28 replies
Great cell reception. 3 miles away from our existing plantation and house.
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2 January 2025 | 10 replies
They may take an interest.Some of those people might actually be more aggressive about enforcing existing laws.
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22 December 2024 | 24 replies
It's the complete opposite where I am - no one will sell their existing homes because they won't give up their ultra-low rates.
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7 January 2025 | 22 replies
That's three months of mortgage and utilities, the cost of flooring, and the cost of painting.