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19 March 2022 | 6 replies
The only people I've ever seen lose a property to a lawsuit are Landlords acting very badly, like forcing tenants to have sex in exchange for rent.
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29 March 2022 | 8 replies
Ring floodlight cams monitoring the entrance to the property.
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20 April 2022 | 23 replies
I DO care if he has a criminal records, is a sex offended or something else they are trying to hide.
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30 May 2022 | 50 replies
In February, I saw a house that is in a C neighborhood and later found out more than 10 registered sex offenders within 1-mile radius.
12 May 2021 | 63 replies
Do you know how many times I've rented to someone that qualified, only to find they snuck in their drug dealing lover or sex offender brother?
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26 May 2021 | 3 replies
Hey @Cam Clinger, I don't know about what the process for Tennessee is but I used Online Ed and they were great.
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13 June 2021 | 8 replies
VacantAll NNN lease with expenses reimbursement from the tenants. seems like a good location as it is just off of freeway and there is Chuck E Cheese, Apple Bees, Raising canes and other good retail around the location.We are trying to get the latest income statements from the realtor to assess if the tenants are doing good (mainly from the bar which is occupying 50% of the space and lease coming to an end in 2022)According to our calculation cash-on-cash is around - 8.5% if the building is 100% occupied Assumptions: 25% down payment and 75% loan from the bank @4% interest rate 30year amortization Operating expenses included - Property taxes, Insurance, CAM, Management fee.Are we missing anything from the calculation ?
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11 June 2021 | 13 replies
I have a certain ratio per100 headcount (not households, not age, not sex) I use when decidingto buy or build in a town.
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7 June 2021 | 1 reply
Listing noted both units are rented month to month at $1,350/mo each, which was on the lower end of the market.What I liked: (i) Location (nice B+ suburban area, close to the Villages and Orlando, 65%-35% own to rent ratio; that particular pocket had low to no crime and no registered sex offenders vs. other parts of town), (ii) Product type (3B/2B duplex with a garage, which is rare to find and is ideal for both a small family or a single professional with or without roommates; most duplexes on the market have no garage at all and are 1B/1B, 2B/1B, or 2B/2B), (iii) Age (2006, i.e. while it was on the higher end of my age spectrum it was less than 20 yrs old), and (iv) Upside potential - opportunity to bring rents closer to market post close (tenants were on month to month leases) and forced appreciation by performing minor refresh with some deferred maintenance expected due to age (roof, HVAC, heater).
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19 June 2021 | 6 replies
b) What type of systems are allowed (meters, RUBs or CAMs)?