30 October 2024 | 94 replies
A lot of rentals do not produce any significant cash flow the first several years…..
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24 October 2024 | 139 replies
Consumer mindset, they've never been business owners with a producers mindset.
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19 October 2024 | 4 replies
Lastly, while looking through the County Court Record I found a dismissed Eviction record filed this year Feb of 2024 on the prospect, the address listed on the record for the prospect (Defendant) is the current property they reside in but found another management company (RENU Property Management) as the plaintiff (this one was easier to look up as it operates nationally in several states).I usually have no problem with this as prospects usually reside in a known management company serviced in the area (Most are the typical corporate rental companies like First Key and Progress Residential, and some with the more known local management companies.).
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18 October 2024 | 7 replies
I don't trust myself when it comes to filing my own taxes with my rentals.
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19 October 2024 | 3 replies
Any list you can pull for a few bucks has already been hammered by hordes of investors before you.Not saying this way can't work, but I recommend a different path...I prefer to focus on sellers who have a reason to sell but who require some effort and skill to identify.My favorites are #TiredLandlords, namely owners who have filed an eviction lawsuit against their non-paying tenants.Many of these folks are through being in the rental business and are open to hearing about a way out.Even better, #TiredLandlords are ideal candidates for seller financing, since they don't need the sale proceeds to buy another house, PLUS they are already conditioned to receiving monthly payments over a period of time.
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19 October 2024 | 5 replies
Every time you buy a house, take any cash flow it produces and add that to your pile.
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17 October 2024 | 21 replies
Links to your three other posts on this same topic so readers can see what's already been discussed:https://www.biggerpockets.com/forums/61/topics/551577-backyard-homes-produced-in-chinahttps://www.biggerpockets.com/forums/617/topics/551580-china-built-backyard-homes-socalhttps://www.biggerpockets.com/forums/61/topics/537480-tiny-homes-produced-in-chinaThis sort of house is an interest of mine, though I'm more interested in building them on-site with a 3D printer and local materials.
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20 October 2024 | 17 replies
file a complaint with whirlpool if you have a number of the same fridges maybe it helps.
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17 October 2024 | 9 replies
If you pay rent while in Aspen, that housing expense will be factored into your DTI ratio (e.g. total rent paid in 5 months divided by 12 months).You should be prepared for your loan file to go to an underwriting manager for second-level review on account of the occupancy risk associated with your primary home being located so far away from your work.
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23 October 2024 | 27 replies
This time I will file a complaint against the appraiser with the state lic board.