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14 November 2024 | 21 replies
You buy the property, you give the tenant notice of a pending increase, they pack up and leave, then you spruce it up and rent it at market rate so it's a profitable investment.When egg prices double, do you think the local grocer cries in his coffee every morning about how inflation is impacting his customers?
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13 November 2024 | 4 replies
Even just pulling Comps for bedrooms, bathrooms,sqft,acreage build year,only 5 comps come up within 5miles.add a 30x40 shop in the mix and a tiny home on a neighboring lot.1/4 acre pond. 3 storage buildings.brand new roof and hvac.
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15 November 2024 | 7 replies
Whether or not the buildings touch, this would require someone with the wherewithal to buy 4 three bedroom units.
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12 November 2024 | 1 reply
I think it depends on the market.. they approached me on a furnished rental I had in Vegas (Summerlin gated community A class) We got basically double or a little more of the normal rent..
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17 November 2024 | 32 replies
Yet deep secret s inside places ud never hear about yet they live tight next to you ....this is only because you know and can point 👉 ...it true , it's double punishment and does put lives at risk ..people they live with when vigilant groups do this type of stuff,...yet the guy who killed 3 people cause he likes to drive an drink is watching it all go down next to u waving at u,...just saying ,..u still being punished for what u done ?
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12 November 2024 | 1 reply
Always double check prepaid rents that get transferred at closing.
14 November 2024 | 13 replies
Not only that he gets stepped up basis and sell with no tax double check that with accountant but I think that is correct.. then take the cash put it in 5% gov bonds for now then get up to speed and see what you really want to do.
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16 November 2024 | 32 replies
We (mods) will have a trainload of spammers, and all of us are doing double-time clearing things off, and all of a sudden it will get real quiet and we can go back to doing things that are usually more fun like posting and reading threads, which doesn't mean we become complacent but does mean maybe we're not as vigilant as usual.
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12 November 2024 | 2 replies
While the building envelope itself doubled in value.
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12 November 2024 | 18 replies
To top it off my my 5 year balloon comes up next year and the interest rate almost doubles from where it was from 4.75 to 8%.