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26 August 2024 | 14 replies
You should also add 1-2 months of lost rents due to repair time and marketing to find a new tenant, and your carrying costs (prop taxes, insurance, utilities, mortgage, etc.) to this amount.How many months will it take you to recoup that amount via the higher rent amount versus whatever increase the current tenants agree to ($1150 - $825?)?
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27 August 2024 | 21 replies
If the lender contests the funds release and don't choose to release the escrow funds back to you, it can get tied up in litigation and after 3 years will be surrendered to the state by the title company.Your best bet is to go with a legitimate company that will be up front and transparent with you about the terms and costs before you are already committed.Seems like everyone is telling you the exact same thing so I really do hope you make the right decision here.
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29 August 2024 | 33 replies
Your best bet is find a way to reject them for someone better.
22 August 2024 | 8 replies
Curious to know if anyone has rented in both Airbnb and Furniture Finder in St. Paul, MN and what their preference has been. Which of the two is the better option?
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25 August 2024 | 10 replies
If a bank chooses to lend on the POH value it may be at less favorable terms than the land value (10 or 15 yr term versus 25 yr for example).
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25 August 2024 | 4 replies
You can bet they do quality work or these huge companies would not be hiring them.
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25 August 2024 | 8 replies
A cattle guard was going to be my other suggestion, but I'm betting those are pricy.
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23 August 2024 | 14 replies
You are right - given the 30 day stay requirement in Sarasota County, long-term rentals might be your best bet.
24 August 2024 | 55 replies
It's a little slower the last maybe 1/1.5 years, especially since interest rates climbed significantly, but the volume of posts and replies today versus 9 years ago there's no comparison.
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25 August 2024 | 10 replies
Although there is the caveat that unrepresented persons in contracts leads to lawsuits at about a 10x factor versus when both parties are represented.