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20 November 2024 | 8 replies
Central Illinois offers some unique opportunities for creative real estate investing, from seller financing to lease options and more.
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18 November 2024 | 12 replies
It’s more risk because no way I could have it leased before my 6 month leaseback is expired.
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19 November 2024 | 1 reply
Hi I have a friend who is buying his first duplex using a VA loan he’s in the process of evicting a tenant because he needs to move into one of the units but is having problems the tenant is on a month to month lease and he gave her a 30 day notice to leave.
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21 November 2024 | 3 replies
Alternative options include offering a significant down payment, a lease-option agreement, a joint venture, or a deferred closing to align with John's timeline.
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18 November 2024 | 35 replies
I offer them with an additional fee and lease addendum.
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22 November 2024 | 33 replies
@Mayit Balit I’m also looking for a lease option to purchase agreement in Texas.
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21 November 2024 | 6 replies
They also do listings, track leases, house documents, and can run reporting on your financials.
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12 November 2024 | 2 replies
And if the yard space was part of the lease I guess it makes sense to reduce the rent a little.
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18 November 2024 | 11 replies
I recommend you really study your market to determine the appropriate rent rate, then market yours 5-10% below the competition for a six-month lease.
19 November 2024 | 10 replies
First of all I put my acceptance criteria clearly in the ad: minimum credit score (enter X amount, 620 is what I use),income 2-3x rent, good rental history, references, no evictions, acceptance dependent upon background check and employment verification, pet policy, desired lease term, etc. so that people will hopefully read that and not come to the open house if they know they won’t qualify.