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29 October 2024 | 4 replies
Again, refer to your lease (if reviewed by a lawyer, I hope), and your state & local laws.
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29 October 2024 | 5 replies
No internet = no tenants a lot of the times...Ensure them you'll leave them a fair reference if any future landlords contact you about their tenancy.
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28 October 2024 | 10 replies
Regular sale, where you have to pay for pre-sale rehab, commission (5-6%), tax (20-30%), and recapture of depreciation.2.
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31 October 2024 | 24 replies
Most of us who own RE came into it from somewhere else - either from working a regular job and squirreling away investment money into RE or working in a RE career and acquiring properties in the process. 5.
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4 November 2024 | 33 replies
The appraiser does not have a purchase price to reference, so they will typically be conservative.
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30 October 2024 | 28 replies
Now the rents have skyrocketed over the past year and we find we could be renting to a regular sized family for about $200 less than what we get now!
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31 October 2024 | 18 replies
Use the "extra" income to build a reserve for maintenance, vacancies, and other expenses that don't happen regularly.
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30 October 2024 | 15 replies
But then, you have to inspect regularly and become the couch police.
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28 October 2024 | 6 replies
Keep in mind the other homes on the market may all be over-priced at the moment, which is why it's important to watch the market regularly and build a strong sense of what it's doing.