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16 September 2024 | 5 replies
You need to let the tenant know this and that an eviction can affect their standing with the housing program.Since you did not know this basic thing, I would really recommend getting a property manager and watching how they manage until you have a better sense of how to operate.
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17 September 2024 | 3 replies
Neither one of us wants to retire this early, just the ability to find something we both really downright love and if that means taking a pay cut we want the means to be able to do that and not have it affect our lives too much. 4.
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16 September 2024 | 5 replies
About half the time the investors bought something really crappy in a bad area and the experience you describe will be repeated over and over.The other half of the time this is just bad luck and things turn around because the property is in a decent area.It's really hard for anyone to know which situation you fall in because we don't know where the property is located (precisely), what exactly you've been doing in terms of repairs and maintenance, who's managing this property, etc.
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17 September 2024 | 14 replies
Proper HOA Reserve Funding will determine whether or not your fees make a dramatic increase or a Special Assessment is levied in the near future, both of which will immediately, and negatively, affect your investment planning.
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15 September 2024 | 19 replies
Putting down 25% instead of 20% won’t affect your until you can’t buy that 5th property and that might a couple years from now.
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16 September 2024 | 10 replies
Your purchase might go smoothly, but if it doesn't, will that affect your friendship with the neighbor?
16 September 2024 | 6 replies
Check your state's Municipal code for utility submetering it could affect your strategy and direct which method to pursue.
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17 September 2024 | 22 replies
Sometimes people can be misinformed, thinking these are loosely originated mortgage loans akin to the “NINJA” (no income, no job, and no assets) loans that were common in the early 2000s and helped lead to the last real estate crash.After reading this guide, you should be both well-equipped to know what to expect in the DSCR loan underwriting process and be able to dispel any myths about DSCR loans being a repeat of the poorly documented “no doc” loans of the past.
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16 September 2024 | 21 replies
If the press again, just repeat.
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14 September 2024 | 23 replies
Internal corrosion in the lines can and will affect the pressure and draining capabilities of the plumbing system at some point in the future.