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20 August 2024 | 16 replies
However, make sure to communicate any noise policies to guests to maintain good relations with neighbors.Pricing Strategy: Research similar properties in the area to set competitive pricing.
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20 August 2024 | 19 replies
When that buyer closed did they review the roof warranty ahead of time and what is required for inspections to maintain the roof?
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21 August 2024 | 73 replies
Also same as any content created anywhere else: maintaining your reputation as an expert and attracting potential customers/clients/partners/lenders/etc.3.
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19 August 2024 | 13 replies
There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.
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20 August 2024 | 9 replies
The question becomes, is there any way to legally repatriate the income as 'active' income to maintain the favourable tax treatment in the US all the way into Canada.Still researching...
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19 August 2024 | 52 replies
Quote from @Mike Dymski: Has to be tough to grow or maintain a real estate investing podcast right now with so few transactions.
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20 August 2024 | 15 replies
Be suspect of any and all unpermitted work.Older homes can be just fine or a nightmare depending on how it was maintained.
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19 August 2024 | 20 replies
For a home that old that seems to have major issues and old systems, I’d personally want it close to land value unless I could see it’s been solidly maintained throughout the years, unlikely if it’s been a rental a long time.
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18 August 2024 | 12 replies
It's definitely a frustrating part of the business, especially when you're trying to maintain cash flow and unexpected repair costs pop up.One thing I've learned is that some of the more real estate investor-focused insurance companies tend to be a bit more lenient on inspections or are more upfront about their requirements before binding the policy.
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17 August 2024 | 7 replies
@Khayla WilliamsI strongly recommend against borrowing 100% for a propertyThere is significant risk in owning real estate including section 8 and maintaining the home in a certain condition and if you do t have the funds for those repairs you could lose it all.I always recommend people budget and save enough for a down payment and reserves before getting into their first property.