Jarrett Harris
Start Eviction Process or take Tenant's word
21 July 2024 | 54 replies
Based on the timing here it looks like you didn't let the tenant stall you too long so that's good.I see this was an inherited tenant so you obviously didn't have much control over screening.
Mitesh Patel
Need help in evaluating quote
16 July 2024 | 9 replies
Also it's a good time to look around to see if the tenants have a bunch of stuff plugged into an extension cord somewhere in the house - new service, old wiring, and multiple devices on an extension cord pulling juice from knob and tube wiring is no bueno.Do not call your insurance company about the repair!
Brad Eckhardt
Norada vs. Roofstock
18 July 2024 | 9 replies
I wanted to add that I have been a skeptic of Roofstock in the past and voiced some concerns over process and control for buyers on that platform.
Brooke Roundy
Tenant marijuana smoking nuisance
19 July 2024 | 19 replies
I myself was a renter not too long ago for my primary residence and I often resented that my landlord could control my actions through their legally binding rules.
Troy Sheets
9 unit new construction in Philadelphia
18 July 2024 | 17 replies
First, I control quality, cost, speed, etc.
Michael Plaks
0% owner financing and IRS imputed interest
19 July 2024 | 12 replies
The details are controlled by Section 483 of the Internal Revenue Code.https://www.law.cornell.edu/uscode/text/26/483Some bloggers, YouTubers, gurus etc. mistakenly refer to two other sections of the tax code, so let me address this confusion.Section 7872, also described in IRS Publication 550 as "below-market loans."
Adam Sha
Analyzing Pros and Cons: Building an ADU vs. Buying Rental Property in a Cheaper Mark
17 July 2024 | 4 replies
Time sink: takes so much effort and time while working full time.Option 2: Buying Rental Property in a Cheaper MarketPros:Time to cash is immediate is about 40 days from closing time.Landlord friendly: which means eviction and rent control in LandlordDiversification: Investing in a different location spreads the risk.Property Appreciation: Some emerging markets might offer significant appreciation over time.Established Rental Market: Easier to find tenants in established rental markets with a high demand.Potential to build an ADU: i can build on the property land.
David Yee
How much should my ADU increase the value of my property
17 July 2024 | 6 replies
It still would not alleviate the other issues with an ADU addition such as revenue out long (often many months) before any incoming revenue, the worse financing associated with the ADU, that it likely makes your primary a rent controlled unit, that it detracts from the primary even if it is just yard, that adding an ADU addition is work (likely more work than a BRRRR with much lower returns), etcCan you post the valuation you receive when you receive the appraisal?
Gaya Ben Simon
Seeking Advice for New Fix-and-Flip Investors in Competitive Market
19 July 2024 | 9 replies
Hi Gaya,Creating an off-market pipeline could be a great strategy for you to not only get great deals but build consistency and control over deal flow.
Dustyn P.
Starting out and need advise on current situation
18 July 2024 | 7 replies
For instance we’ve got a bees nest and I’ve already arranged for pest control to come in less than 4 days and notified the tenant about this and still they call/text 12 more times to bring the issue to me.