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26 November 2024 | 25 replies
The thinking on this is that although the buyer utilizes what appears to be a purchase contract, it is actually being used as a purchase OPTION, and as such an option contract which clarifies that the purchaser is actually obtaining an option to buy should be used.
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19 November 2024 | 3 replies
Do you provide for online rent payment?
19 November 2024 | 15 replies
You can also check their reviews online at Google, Facebook, or Yelp.
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20 November 2024 | 11 replies
I really like to think about it like online dating.
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22 November 2024 | 14 replies
Networking is key—try connecting with local investors, joining real estate meetups, or hopping into online groups to learn more and build relationships.
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20 November 2024 | 13 replies
Write the property on the receipt and keep a digital copy and the hard copy.Quickbooks Online is a good software for both receipt capture and organizing what expense goes with which property.
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19 November 2024 | 2 replies
It now cash flows beautifully, which I continue to utilize for other my other properties.
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19 November 2024 | 13 replies
They need to do all their due diligence including understanding the value that will be added by the ADU, the finance options available, the consequences of adding the ADU (rent control, property taxes, rental limitations, etc), etc.Good luck As with all things, it depends on the investor and the equity.If they are able to leverage existing equity to buy it under a HEL or HELOC, then they are adding equity with no out of pocket expenses, and adding immediate and longterm cashflow to existing stock.We like ADU's because there isn't more land being created in our city that is landlocked...but there is more density available to those with large lot under-utilized sfh.In my market, it typically costs $2 to add less than $1 of value on single build ADUs.
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11 November 2024 | 2 replies
I hired a GC to manage the build out, but there has been no consensus on who is responsible for the utility payments (Water and Energy).