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18 November 2024 | 16 replies
Refinancing after reno's are completed with a DSCR is a common great strategy.
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14 November 2024 | 1 reply
The Jerome Village income charge is definitely unique and it's not common at all in Columbus subdivisions.
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14 November 2024 | 8 replies
Nothing to be offended by or feel scammed by.My contracts say 30 days notice but most of the time I will enforce a 2 week "paid notice" minimum.
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14 November 2024 | 21 replies
(I gave about 45 days notice).
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12 November 2024 | 15 replies
With four plex you have to pay utilities for the hallway and common areas, also maintain and clean the common areas, because the tenants won''t.
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11 November 2024 | 5 replies
@Karen Seguin, it all depends on what you are trying to convey to your tenants.At minimum, any welcome letter should provide updated contact info for maintenance requests and mailing address for rent payments, and if the legal notice address is different than lease, include that.This can also be a good way to politely remind people of any general rules that you expect them to adhere to.
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20 November 2024 | 37 replies
After reading this thread, a few comments come to mind over this common A or B decision.Without knowing how much it is (no need to say) makes my advice (or more accurately, my opinion) more general in nature but here it goes:Lending has very little to no tax shelters whereas buy and hold does.
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15 November 2024 | 1 reply
Seems like short notice.
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20 November 2024 | 37 replies
I have done a few projects in N> CA were we did Mello Roos.. and a few with plane ole 1915 act bonds.. its just a common way to develop in CA..
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14 November 2024 | 10 replies
@Aus Smith if there is base rent and then an extra fee the resident pays for a common utility, we count that as revenue towards a percentage-based management fee.