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28 October 2024 | 2 replies
Additionally, ARVs in these areas have a cloud of uncertainty so it will be prudent to be conservative in your analysis and have multiple exit strategies in place.If the home is located in an area with minimal impact from the storms, there has been a small uptick in pending sales the past two weeks compared to same period prior to the storms.
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30 October 2024 | 15 replies
Hey David,Unfortunately, this is something that you as the owner would be responsible for.I am almost 100% sure that nothing in your PM Agreement will state anything regarding this.I hope that they can get them out quickly.I would ensure for the future that the PM company is securing the property correctly.Was this a forced entry?
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26 October 2024 | 5 replies
If your property is in an S Corporation the "distribute" or "sell" or "fixing cost" of the property might impact your tax situation.
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29 October 2024 | 4 replies
Set a two-hour period and force everyone to show up during that time for an in-person review.
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28 October 2024 | 40 replies
Our market is unlikely to produce outstanding cash flow with the use of a PM and if you are self managing, your cash flow equates to earnings for your efforts.I am hopeful that the high interest rates have had a negative impact on income and that the STR income will improve if rates decrease.
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28 October 2024 | 2 replies
And higher interest rates have priced out many would-be first-time homebuyers, forcing them to remain in a growing tenant pool.
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30 October 2024 | 35 replies
So the tenant friendly laws have had very little impact n our rentals.
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29 October 2024 | 6 replies
If you set up a "checkbook LLC" for your SDIRA, then I believe (check first with your custodian and/or attorney) that you would be able to invest directly as the manager of your LLC (using the LLC's account), without going through your custodian.On the other hand, that ability to quickly invest can be a double edged sword, since I think the delay can be a good thing (it forces me to think more carefully about the syndication and take the time to make sure it's a good investment for my SDIRA).
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8 November 2024 | 53 replies
You like to use keywords to try to have more of an impact but your methods are very see-through.
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31 October 2024 | 18 replies
When I allowed HH properties at my company, we screened people to the degree we could (credit, background, income, rental history), but you still end up with some percentage of "crazies" who can derail the entire property and force out your other tenants.