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15 September 2024 | 7 replies
Notice may be given by: (A) regular mail; (B) certified mail, return receipt requested; (C) personal delivery to any resident; (D) personal delivery at the property to any occupant over 16 years old; (E) electronic mail delivery to the email address used by the Tenant to submit the lease application.
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12 September 2024 | 0 replies
Supply and Demand Dynamics Impact: Rent control can reduce the incentive for developers to build new rental units, which may limit housing supply and affect demand.
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13 September 2024 | 3 replies
I'm comfortable with putting together estimates for the rehab, at least for the up-front financial analysis prior to getting real bids from contractors.What I'm less equipped to do is project the lease up story based on supply, demand, and other factors relevant to the area.
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15 September 2024 | 61 replies
Did you supply the ac unit?
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16 September 2024 | 35 replies
I have been reaching out to him for a while now, getting free resources from him which he regularly posts about and also chatting, he has given me great advice and his resources were really helpful.
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15 September 2024 | 2 replies
Yet courts do it regularly, and their decisions often reference intentions, as interpreted by the judge.From this angle, it is useful to guess an intention of a particular tax law before trying to use it to your advantage.
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12 September 2024 | 13 replies
Honestly if you want to invest, you are better off having a 9-5 that will give you a good, regular income and allow you to buy rentals.
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13 September 2024 | 16 replies
When it comes to renting to Section 8 (S8) tenants, there are definitely pros and cons to consider:Pros of S8 Tenants:Guaranteed Rent: The government will pay a portion (sometimes all) of the rent, so you'll have consistent cash flow.High Demand: There's often a waiting list for S8 housing, meaning less vacancy time.Cons:Property Inspections: Your property will need to pass regular inspections, and repairs/maintenance must meet specific standards.Tenant Screening: Just like with non-S8 tenants, tenant quality can vary, so thorough screening is still essential.As for the down payment, yes, most lenders will require 15-25% down for investment properties.
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10 September 2024 | 43 replies
Less supply + higher rent is what tenants really get with these new laws.
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11 September 2024 | 4 replies
Another could be if you have a pinhole leak in the supply line...I'd be less inclined to assume supply just because it would probably be so wet that you'd have interior damage and a much higher water bill.