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29 September 2024 | 16 replies
No loud music, parties or anything of that kind.The house was built in 1908 and not soundproof.She said she's talked to them directly and hopes that will solve the problem, but she starts school next week and is worried about her sleep.I haven't approached the downstairs tenants yet.There is a noise clause in our House Rules, which mentions "quiet hours between 10pm and 6am", which everyone has signed.I don't want to take sides or get in the middle of this issue, but I also don't want to risk losing good tenants (on either side of the argument).Any advice would be welcome and appreciated - thanks so much!
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3 October 2024 | 46 replies
If you're planning on purchasing out of state in a high yield market, just be prepared to lose money on the 1st purchase.
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1 October 2024 | 26 replies
If the post office loses their check next time, is that your responsibility?
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30 September 2024 | 4 replies
Title was run title attorney I have closed with many times we substitute my LLC in and we funded it the SAME DAY so the guy did not lose the deal. the trick is with folks doing this actually knowing what a deal is.
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30 September 2024 | 17 replies
Make sure to move fast as well because on these projects time is of the essence because the longer you hold the property the more money you lose every month.
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29 September 2024 | 9 replies
What are you losing annually with a tenant in place?
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29 September 2024 | 13 replies
Best decision I ever made. they went on to basically lose the portfolio as 2 steps one back.. theft non pay trashed units.. simply not a sustainable model.I then switched to no debt A class only takes a few of those to hit that magic 10k a month NET cash flow with basically zero drama.. and only a handful of props to manage .. owing 50 houses has major work load if they are section 8..
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30 September 2024 | 10 replies
With a 4-plex, losing one tenant is only a 25% loss of income versus a 50% loss in a duplex.That said, a duplex might be easier to manage, especially if you're new to investing or will be away for long stretches of time.
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29 September 2024 | 7 replies
I would explain that to them that if they don't stop being obstructionist that they stand to end up with a lien on their house as a result and eventually lose that house.
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28 September 2024 | 11 replies
What you do have to check into are the limits for staying so that you don't lose your Canadian Health Insurance.