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17 October 2024 | 10 replies
I would seek out a good local PM preferably with 30-120 units.I am not familiar with that market so if that is not possible there is self managing, or finding a limited service provider (we just went statewide in FL) where we provide guest communication, automations, pricing, and marketing for a discounted fee.
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14 October 2024 | 7 replies
If the tenant was to leave they have two month penalty as part of the early termination, but it is hard to find a tenant after October until March as people move during the spring and summer time.
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17 October 2024 | 21 replies
Seek out ares that allow tiny homes and you should be able to locate th enecessary info on passing code.
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16 October 2024 | 7 replies
Readers should seek professional advice.
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15 October 2024 | 12 replies
One of the benefits here is that you can save a bit on closing costs but the PPP (pre-payment penalty) structure may be more aggressive, ultimately inhibiting your ability to sell off if needed - since the loan would need to sustain a minimum debt service.
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18 October 2024 | 16 replies
Readers should seek professional advice.
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11 October 2024 | 4 replies
I'm seeking actual rates and fees people are paying for their money.
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15 October 2024 | 6 replies
The seller has countered with the following conditions:- Loan to value (LTV): 80%- Earnest money held by seller's recommended property management company- Final inspection within 1 day of closing- Commission paid by to buyer's agent is 2% of final sales price.I'm seeking advice on how to proceed, as I have some concerns:- Why would the seller request an 80% LTV?
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14 October 2024 | 31 replies
Turnkey properties can work if you're seeking immediate cash flow without renovations.
17 October 2024 | 15 replies
Readers should seek professional advice.