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6 January 2025 | 2 replies
In addition to those I would also suggest making a commitment to going to local meet ups and networking events in your area.
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5 January 2025 | 4 replies
He is renting the unit and will carry a bit of debt for a couple years but once he is clear of that he will do very well for himself.Park owners want their empty spaces filled.
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8 January 2025 | 3 replies
Your post neither provides valuable or additional information nor did you post direct questions like the rest of us do.
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7 January 2025 | 8 replies
Eliminate debt, establish a budget, and save.
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31 December 2024 | 3 replies
Quote from @Kevin Sobilo:Monthly Rent + Monthly Debt Payments <= Gross MONTHLY Rent * 45% Obviously I made a typo.
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7 January 2025 | 5 replies
Additionally, you want to start building your "Core 4": agent, GC, lender, and PM.
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6 January 2025 | 7 replies
Either way it would be a grey area, selling a house with a different amount of units/bedroom/bathroom seems extreme though. its an auction site, I have seen auction sites miss the fact there was additional lots in a sale.
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5 January 2025 | 3 replies
In addition, all Rent payments hereunder not made within five (5) days of the due date shall bear interest at the rate of one and one-half percent (1-1/2%) per month"The monthly rent is $1550 so the late fee is easy - I've set the account to charge 5% if the rent isn't received within the 10 days stated ($77.50).
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19 January 2025 | 14 replies
So ultimately we decided to suck it up and not take on the additional equity, which ultimately required us to take more time on completing the needed rehab, however in hindsight it was a good decision, because even just among our own family there's been lots of dispute on what we want for the business plan and personal STR useage....
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7 January 2025 | 3 replies
Your primary strategy should be to have the Contractor and all Subcontractors add you to their insurance policy as Additional Insured.