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19 January 2025 | 15 replies
The company I use, NREIG, just started writing again in some of the northern parishes, but aren't covering large multi-family and are requiring a minimum dollar amount per ft. sq.
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13 January 2025 | 45 replies
Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.
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12 January 2025 | 20 replies
But again, as mentioned, get fam with COC, Cap, IRR, etc.You said later you had $80k to invest in a multi family.
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23 January 2025 | 10 replies
@Jackson Pudlo Hey Jackson,I realize you posted this 6 days ago, but both options—SFH and Multi—are great.
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12 January 2025 | 23 replies
Screening and Gaurantors are important, you might want to look at majors for some more serious ones that don't have time to party.
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23 January 2025 | 30 replies
Quote from @Evan Polaski: Interesting seeing this post and Justin's recent appearance on the Jonathan Greene podcast/YouTube video from a day ago."
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10 January 2025 | 1 reply
Investment Info:Small multi-family (2-4 units) buy & hold investment in Duck Creek Village.
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12 January 2025 | 0 replies
Investment Info:Small multi-family (2-4 units) buy & hold investment in Madison.
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9 January 2025 | 8 replies
You will want to consult with a lawyer.In regards to your last two questions here's some background on what makes a contract valid and enforceable:Offer: A promise to do or not do something within a certain time period Acceptance: A clear and direct statement that all terms and responsibilities are accepted Consideration: A legal and adequate inducement given in exchange for the promise Capacity: The parties to the contract must have the legal capacity and competency to contract Awareness: A party must be aware of the contract Legality: The contract must be legal in the jurisdiction it will be operating in***Not legal advice*** Steps I would take: -Review contract in detail to understand each counterparties responsibilities (if you are not aware)- Email a copy of the lease to each of the tenants listed on the lease and reiterate lease expectations for termination notice, rent payment etc. - If the lease was signed via Docusign (other esign may have same ability) - you can go to the envelope, go to history and view the IP addresses for each action taken.
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12 January 2025 | 28 replies
You're learning about the eviction process, tenant screening (never "word of mouth" again), the power of a lease WHEN not IF a neutral third party needs to be involved, tenant/landlord laws, and managing tenants who don't care about your business the way you do.