
9 January 2025 | 8 replies
Assuming your property is in Utah (like your profile indicates), here's the state law from a basic internet search:In Utah, a tenant who abandons a rental property without notice is liable for the lesser of the following: The rent remaining on the leaseThe rent plus the difference between the fair rental value and the agreed-upon rentThe cost to restore the property to its original conditionThe landlord can also remove the tenant's belongings and sell them if the tenant doesn't claim them within a reasonable time.

17 January 2025 | 37 replies
He's still trying to get you to put $300 on your credit card then they'll promise the kingdom of heaven.Ask them for the addresses of their last deals.

7 January 2025 | 16 replies
I've reached out to the gentleman that owns the large PM group in the area to see if he knows of any smaller PM that I can connect with and I also messaged my credit union to find out what my best options would be.

6 January 2025 | 3 replies
@Vijay Singh SambasivamI would suggest speaking to local banks, and credit unions.

15 January 2025 | 12 replies
There's a few different ways to focus on a lower rate such as with house hacking and making the investment your primary residence, requesting a significant closing credit from the sellers for standard rate buy-downs (which I've had great success with recently), or utilizing lenders who offer short term rate lowering solutions such as 2-1 rate buy downs (again, ideally paid for by the sellers).

19 February 2025 | 88 replies
Knowing cap-x projected out years is not an "extra credit" kind of information, it's fundamental necessity.

10 January 2025 | 12 replies
Otherwise, if the numbers make sense and your credit is good, it should be easy to find a lender.

24 January 2025 | 42 replies
A local investor will be best equipped to get repairs and renovation done at fair prices, set rents at appropriate levels, and help select qualified tenants.

13 January 2025 | 23 replies
It does eliminate the need to add chlorine but the chlorinators (Pentair IntelliChlor) have a fairly short lifespan.

9 January 2025 | 30 replies
I make sure I screen each potential tenant thoroughly (background and credit checks) and require references.