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11 December 2024 | 7 replies
In order to get a line you would need 2 years of operations, and have an operating company - like a property manager or a construction company.
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19 December 2024 | 22 replies
are you looking to start working in the space or just learn more about owning and operating commercial assets?
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1 December 2024 | 7 replies
The team of Charissa Napoles the realtor and Robert Mincey at operation tango yankee inc have told me this second property was just a full rehab.
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16 December 2024 | 19 replies
Landlords can enter a tenant's property for a variety of reasons, including: Making repairs or replacements Responding to a tenant's request Removing unauthorized window coverings Preventing waste of utilities Changing filters, testing, or replacing smoke detector batteries Inspections Helping with an emergency inside the unit Posting a notice of eviction"Research your state laws because some of your comments indicate a lack of understanding of the landlord/tenant laws where you are operating (like threatening the tenants to keep the security deposit if they don't respond to you, I doubt that is actually a valid reason to keep their deposit, or evicting for late payments, or charging the tenants for your warranty repairs because you missed your 11 month inspection window which was your responsibility, and it looks like your lease says you can charge up to 18% interest for unpaid fees, is that actually legal?).
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16 December 2024 | 2 replies
If you are new to this particular strategy, you might be confused, but this is just a simple strategy that you need to understand and be aware of, most particularly if you are an investor or a shareholder.
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13 December 2024 | 5 replies
Operating an LTR is quite different from managing a short-term rental , so I'd recommend focusing on mastering one strategy before expanding your portfolio.
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17 December 2024 | 8 replies
Some good questions for him to ask each potential company are:- how long have you been in business- what is your fee (be specific on the number of properties involved and if it's forward, reverse, etc)- where is your operations staff located (ie where will be funds be)- what type of account will my funds be held in?
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15 December 2024 | 30 replies
Do you have the professionals you need to start an LLC, do the proper real estate/tax accounting, solid contractors to rehab or prepare the property, and a property manager to handle the day-to-day operations?
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12 December 2024 | 2 replies
It's a simple 3x5" card that is folded in half.
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12 December 2024 | 10 replies
I hope this question makes sense as this is our first year filing and our first full year of operation.