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4 April 2018 | 10 replies
I feel like a slow monthly increase would be a good way to raise the rent but I dont know if thats a normal thing in this business like for example unit A 3 bedroom current rent 160/week for the first month of my owner ship it will stay the same, 2nd and 3rd month rent will increase to 170/week, 4th and 5th month rent will increase to 180/week and so on and so forth until I get to the fair market rent.
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15 April 2018 | 25 replies
I know how to do it, but I don't think I'm capable nor do I have all the tools.
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4 April 2018 | 9 replies
That ship has sailed, so basically Section 8 needs to be told they must leave.
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6 April 2018 | 5 replies
I buy my list through listsource and then hand it off to a VA who handwrites the letters for .20/c a letter and ships them for me on a weekly basis.
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4 April 2018 | 10 replies
The first thing you do is anticipate what the max impact is if the interest hits the max, and prepare for that when you buy the property.Since that ship has sailed, one option is to pay down the principle, but that defeats the purpose of cash flow.You say all your loans are commercial, and they have to be for some reason.
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11 April 2018 | 10 replies
They Key is to first have a good team on the ground you can trust, and know that they are capable and have experience in Rehabbing properties to good standard.
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22 April 2018 | 9 replies
If your time is worth more doing something else, then hire it out.If you have someone you can trust to do a good job.....just as good or better than you....hire it outIf you like to be involved and be hands on, then do it ....up to a point.I prefer to do everything I'm capable of myself....if I have the open time.
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23 February 2018 | 26 replies
You have the capability to evaluate this decision.I purchased one fully rented property in September and have another under contract that is half rented.
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22 February 2018 | 5 replies
If it is the only way that you would qualify for a loan then go for it however make sure that you will have the capability of refinancing after a year
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4 March 2018 | 3 replies
I know some states, labor and shipping is not taxable.