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19 October 2024 | 16 replies
What will the value of the rent you receive in 5, 10, 15 and 20 years under these conditions.Year 0: $5,000 x (1 + 2%)^0 / (1 + 5%)^0 ≈ $5,000Year 5: $5,000 x (1 + 2%)^5 / (1 + 5%)^5 ≈ $4,325.
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15 October 2024 | 1 reply
Toward the end of the due diligence period we received the final piece of critical info to make our decision: a lease agreement for a cell tower on the corner of the property.
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17 October 2024 | 12 replies
If you found a replacement tenant that he found suitable and moved them in before you entered in any unpaid portion of your lease, I would expect you to receive a full refund of the security deposit.I would check with the state laws and see how much you can sue him for in small claims court.
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17 October 2024 | 5 replies
Mailing is easy, and you are leaving people with a postcard or letter they can keep (I have had people call me 9 months after they received a postcard), but it can get expensive.
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15 October 2024 | 2 replies
My main concern now is the unfinished porch.I'm receiving bids that are all over the map: some are as low as $1,300 for labor, while others range from $4,000 to $10,000.
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16 October 2024 | 13 replies
They do not allow you to use potential rental income that will be received from the property via STR, to qualify, but will still allow you to purchase with low money down.
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24 October 2024 | 139 replies
Contractors.Except we called it " buying a beat up hose & selling it for a profit"HGTV and GURUS couldn't make it sound trendy though ROFLMAO More fun facts; The oldest contractor licensing body in the United States is the California License Board founded in 1929.Contractors are called contractors because we write Contracts.
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19 October 2024 | 30 replies
I have always liked the rental income that I received from my rentals.
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13 October 2024 | 10 replies
Investors buy in an HOA because properties are cheap, but then they quickly realize Nazis and busy-bodies run the HOA.You can try to build a coalition of owners and fight back against the charge, but it's unlikely to change.
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16 October 2024 | 16 replies
"Under the provisions of Section 1101.002(1)(A)(ix) and (x) of the Real Estate License Act a person making a referral of prospects or property for the sale or rental of real estate must be licensed under the act if the referral is done with the expectation of receiving valuable consideration.