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6 January 2025 | 7 replies
I know some municipalities allow the property owner to obtain permits but that in itself is a huge issue in many areas and secondarily insurance is critical in this business.
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6 January 2025 | 4 replies
Use services that can validate the authenticity of documents and employment history.Require Detailed Applications: Ensure that the rental application captures comprehensive information, making it harder for fraudulent applicants to provide fake details.Conduct In-Person Interviews: Meeting applicants in person can provide additional insights into the authenticity of their application and allows you to ask follow-up questions based on the details they've provided.Utilize Professional Screening Services: Professional tenant screening services are invaluable for conducting background checks, credit checks, and criminal history checks.
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6 January 2025 | 25 replies
Oh heck yeah they exist. people who could do a lot more then there funding allows, oh-yeah those people exist.
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4 January 2025 | 14 replies
To scale successfully you have to get past the point where your newly increased expenditures exceed your increased revenue; past the point where your ROI allows you to “break even” on your investment, and past the point where the ROI is worth the increased risk, the increased aggravation, time, and “lifestyle” change, and past the point where you can step back from “operations” and concentrate on management.
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3 January 2025 | 26 replies
Potential for manipulation: Some agents may be using this argument to discourage sellers from allowing buyers and their agents to negotiate commissions directly.3.
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4 January 2025 | 4 replies
You'll probably need a co-borrower and someone to gift the down payment.There's a Conventional loan (FNMA family opportunity loan) that allows your parents to purchase a home for you (and potentially roommates) to rent while you're still in college.
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4 January 2025 | 4 replies
Change orders are going to happen, but by needing approval from you before they move forward, this allows you to control expenses better and/or make adjustments in the SOW so that you can stay on track and on budget.
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7 January 2025 | 12 replies
Which would allow you to escalate that snowball payoff without having to use part of it to pay the tax.
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5 January 2025 | 4 replies
This plays into the affordability issues for tenants by allowing them to live in nicer neighborhoods for less money, yet I get monthly revenue comparable to short-term rentals.I have also shifted my focus to buying better.
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6 January 2025 | 9 replies
(To avoid months of probate and thousands if not $10’s of thousands of dollars in costs.)Hawaii is considered a "TOD deed state," meaning that residents can utilize Transfer on Death (TOD) deeds to designate beneficiaries who will inherit their property upon their death, allowing for a potential bypass of probate court proceedings.If she is already in memory care center.