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12 September 2024 | 27 replies
Fortunately I was able to get out of my contract with comparatively minimal loss.
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12 September 2024 | 0 replies
Investor Consequences: Longer Tenure, Lower Vacancy Rates: Reduced tenant turnover can help minimize vacancy rates, saving costs related to marketing, leasing, and repairs.
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10 September 2024 | 0 replies
The property required no renovations, allowing for a quick turnaround with minimal investment.
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17 September 2024 | 68 replies
Cut free of your "golden handcuffs" with the minimal interest rates on these properties and sell them all (or the biggest headache properties) and do a 1031 exchange into a bigger property or package of multi families where the cash flow is better, numbers make sense, and you can streamline property maintenance and management rather than having 6 different single family homes.
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11 September 2024 | 3 replies
Keeping your costs low by choosing investments with minimal fees will further enhance your returns.
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11 September 2024 | 6 replies
Oh and the original Incumbent tenant dies of natural causes in the unit one month prior to closing in June which delayed it again.Needless to say...
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9 September 2024 | 3 replies
Inspections can also cause delays, especially if unexpected issues arise that need to be corrected before moving forward.
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10 September 2024 | 34 replies
This delay could have been avoided with proactive follow-up from your realtor.- Seller's Responsibility: The seller might have delayed addressing the violations or obtaining a new report, hoping to pass the responsibility to you.- Realtor's Oversight: Your realtor may have failed to verify the status of the POS report early in the process, leading to last-minute revelations.Steps to TakeTo address the current situation and prevent similar issues in the future, consider the following steps:1.
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11 September 2024 | 7 replies
The only thing I can see is using depreciation to delay paying taxes.
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10 September 2024 | 7 replies
For smaller properties, my initial instinct is that the effort is not worth the few dollars a month you will make, but if it is nothing more than calling a few vendors to get pricing, it could be worth the minimal effort.