Shakthi Kamal
Which is better - LLC or Umbrella Insurance?
16 December 2024 | 1 reply
I've been researching the topic of limited liability and the different options to achieve this.
Chris Olandese
Tenant threatened to move out
18 December 2024 | 13 replies
couple of bullet points to bring up:* she's on M2M* I told her on 12/7 of the new rent which would apply to a new Jan. 1 effective lease, this is when I got the "I'm moving out" message* Sent her the move-out letter on 12/11, with options for her to either be moved out by 12/31 (she's fully paid up for month of December) or by 1/11 (30 days from date of notice) and pay a pro-rated rent based on her CURRENT rent amount. her choice, either is fine with me.With all that said, I'd love to do as you mentioned and post a notice on her door.
Troy DeLong
Email Marketing Campaigns
6 December 2024 | 3 replies
We met ALL of the criteria for our private money lenders being 'Friends & Family' and they all have agreed to receive email communications from us.
Travis A.
Title: Sell or Rent? Advice Needed on Historic Home in Northern Virginia
17 December 2024 | 6 replies
We still owe roughly $900K on a 3% mortgage.We’re planning to retire abroad and are weighing two options:1.Sell the home – I already have a buyer lined up, so this would be a straightforward exit.2.Rent it out long-term (furnished) – While I don’t think the rent will fully cover the mortgage, it might come close.
Frank Harris
Does anybody have a New Build with Blacktip Construction Group in Cape Coral Florida?
27 December 2024 | 93 replies
Some more options for investors facing similar problems with Beattie, Blacktip, or other builders:1) Contact a real estate attorney to advise you on your options.2) File a complaint with the Florida Department of Business and Professional Regulation (DBPR) (more info: https://www2.myfloridalicense.com/file-a-complaint/)3) File a complaint with the Attorney General for the State of Florida (more info: https://www.myfloridalegal.com/how-to-contact-us/file-a-complaint)4) For filing a small claim (under $8,000) in Lee County Civil Court (more info: https://www.leeclerk.org/departments/courts/small-claims)5) Contact WINK News with your story.
Drue Fourmont
Any advice for his investment situation?
20 December 2024 | 1 reply
Here are the details of the property:Property Overview:Location: Texas2 lots, 2 warehouse buildingsFinancials:Mortgage: $4,897/month (balance: $530,000)Insurance: $830/monthProperty Tax: $1,800/monthBuilding 1:1 tenantRent: $7,570/month12,000 square feetBuilding 2:3 tenantsTenant 1: $2,850/month (5,000 square feet)Tenant 2: $1,793/month (2,500 square feet)Tenant 3: $895/month (1,250 square feet)The property was appraised for $2,200,000 three years ago.Given the current rental income and expenses, the cash flow is decent, but my family friend is looking to explore options that could potentially yield better returns.Would it make sense to:Sell the property outright and invest in higher cash-flow opportunities?
Chad Olsen
1035 Exchange for Permanent Insurance
16 December 2024 | 4 replies
Another option I forgot about was to just cash the policy out.
Breeya Johnson
Is Austin, Texas Still A Good Place To Invest?
24 December 2024 | 12 replies
Secondary markets like Temple, Belton, Killeen, and College Station offer better options for cash flow currently.
Aaron Dyson
My Second Property: Investing in a New-Build Home with a VA Loan in Bryan, Texas
19 December 2024 | 6 replies
For managing properties, I have two options: 1.
Anthony Gallagher
New landlord Policy Insurance Inspection in Brooklyn
20 December 2024 | 3 replies
Remove the kitchen all together and convert it back into two duplexes or is there another option?