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20 December 2024 | 3 replies
Received access to mortgage portal to ensure all payments are made (including escrow).Anything else here I should do or not do if acquiring for the long-term?
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26 December 2024 | 18 replies
If you're not open to that, I would hold on to the place long-term or sell the property at land value not including the yurts, hot tubs, etc.
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22 December 2024 | 12 replies
This is based on demographics/interests including age, profession, income etc..
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20 December 2024 | 6 replies
Quote from @Efrain Flores: Quote from @Tim Delaney: Based on rent of $1500-1600 and mortgage payment of $1700-1800 which doesn’t even include maintenance, management or capex it doesn’t seem to make any sense to keep it as a rental.
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21 December 2024 | 7 replies
And I would suggest that links and QR codes may be helpful to some guests but a certain number won’t use that type of technology so I’d include hard copies of menus.
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20 December 2024 | 3 replies
The definition of “livable” or “finished” space can be surprisingly specific.In many markets, including here in Arizona, appraisers and agents generally want the space to be finished in a manner consistant with the rest of the home and serviced by a more permanent heating and cooling source.
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19 December 2024 | 5 replies
My suggestion is to build a spreadsheet and include the net cash flow to you for every month of the deal, then use the IRR function to figure out your return.
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21 December 2024 | 1 reply
Purchase price: $232,000 Cash invested: $200,000 Sale price: $575,000 I purchased this single-family property and undertook extensive renovations, including excavating a new foundation and reframing the entire two-story house.
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26 December 2024 | 9 replies
Positive SolutionsProblem: In my county small multi-family houses are nearly non-existent and short-term rentals and second-cooking-areas are illegal.Solution: House-hack while renting MTR to traveling medical professionalsProblem: I didn’t know the many laws of the countySolution: A hired attorney 1) informed me that the county calls a house-hack a boardinghouse and 2) drafted a very comprehensive agreement that includes answers to your list of questions.Problem: Interpersonal problems can be a risk.
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30 December 2024 | 103 replies
By the time he was 16, he had a half dozen part time employees and ads in paper to do various handyman stuff including hanging Christmas decorations, assembling ikea furniture, gardening, painting, building fences, etC.Then came the demon child.