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10 August 2024 | 7 replies
A tenant complaining online might indicate that the property manager handled them appropriately, so be sure to ask the manager for their side of the story.7.
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9 August 2024 | 1 reply
I also understand id be splitting the reward/ rent but that's why I think if I can pay 50% with him or 100% alone then is minimizes a lot of my risk. cast your vote and help me out, ahah I'm new here and to the world or real-estate so take it easy on me please.
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12 August 2024 | 30 replies
This will at least minimize your tax bill.
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13 August 2024 | 97 replies
Then the disclosures could say they don't know nothing.. which indicates that one should really jump into due diligence..
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9 August 2024 | 7 replies
Yes people lose it all, typically because of over leverage or crazy events like 2008 - but if you also have cash reserves you can offset any downside to minimize risk even moreWhen people start using lines of credit and seller financing at 90-100% you are correct those people have a very high chance of losing it all.
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9 August 2024 | 5 replies
Since we are long term owners and not doing flipping, cash is not as much of an immediate concern for us since the purchases we make require less upfront cash due to minimal rehab necessity.
9 August 2024 | 2 replies
Agree to a lease that allows you to cancel the lease with minimal notice the moment anything goes wrong.Ask for references and contact themSide note: make sure you can actually get insurance to cover you under this scenario before agreeing to it.
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13 August 2024 | 69 replies
@Frank SichelleThey all have the past performance is not indicative of future success and for anyone who shows a history of prior returns without having it third party verified is like saying I went fishing alone and caught 20 fish including the largest bass ever.
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9 August 2024 | 8 replies
Jaime The cost approach (land value + depreciated cost of improvements) is typically the least reliable indicator of value.
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9 August 2024 | 12 replies
Additional research indicates that this state already has settled case law on the matter.