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19 September 2024 | 6 replies
Hi @Ellen Feiss I agree with @Ty Coutts that you should start with informal, friendly, face-to-face conversations with the tenants to establish rapport, especially as you have some lead time here before next April.People don't like surprises or having to scramble, so if you are able to let them know your plans in advance, if they are reasonable people they should appreciate the extra lead time.This is especially true if their rents are currently very under market - they will have sticker shock when they look at what other units are renting for, and have to spend more time finding a new unit (if you'll be asking them to leave).If you have to move into one of the units yourself, I'm surprised you (or your lender) didn't make it a condition of the purchase and make the seller have the unit vacant for you.Sooner or later in rental real estate, you will have to establish a relationship with an eviction attorney.
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20 September 2024 | 11 replies
Totally true.
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21 September 2024 | 19 replies
The same holds true for larger organizations who still rely on financing their business just like us.
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20 September 2024 | 12 replies
Normally the opposite is true i.e. rates down/asset prices up.
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17 September 2024 | 8 replies
The TM will present 100 scripts to get a cold appointment down to 1-20 for a FSBO It’s a true numbers game.
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20 September 2024 | 21 replies
This is especially true for the first year.
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16 September 2024 | 3 replies
Not to mention that I own log term this beautiful house in a nice suburb of houston, where all the big components are brand new and expectin Lessons learned?
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18 September 2024 | 21 replies
I've seen some great designs in the container or mini-MCM realm, however a lot of those have square footage that is closer to a small house than a true tiny home.
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17 September 2024 | 4 replies
Team, I am a true newbie.
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19 September 2024 | 13 replies
This should be particularly true if we are willing to invest outside of our local area.Supply vs demand imbalances deliver price appreciation.