13 November 2024 | 8 replies
Generally, tenants don’t have the right to demand relocation for purely cosmetic improvements, nationally.
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13 November 2024 | 6 replies
We have worked on improving the physical appearance and infrastructure of the park, updating the homes, getting a new sign, advertising it online, and creating a website (www.shadyacreshuntington.com).
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18 November 2024 | 35 replies
@Natali CobbIn-unit laundry in duplexes can attract tenants, increase rent, and improve retention.
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15 November 2024 | 13 replies
Separate LLC per Property: Maximizes liability protection but adds complexity and costs with individual tax filings.3.
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13 November 2024 | 15 replies
As a self-employed 1099 individual, your best route is most likely DSCR.
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17 November 2024 | 33 replies
Will you be improving the units over time?
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17 November 2024 | 13 replies
My best advice would be to read through the contract carefully (builders usually have their own individual contract that's written for them and is leaning heavily in their favor).
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14 November 2024 | 5 replies
@Nold R.In addition to the great post from Dave, possibly consider an option where the property is taken out of the LLC sooner rather than later and held as tenants-in-common prior to the sale, possibly setting you up in a position to take your share of the proceeds and individually purchase a replacement property via 1031 exchange.
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14 November 2024 | 5 replies
Think about how you can make these properties better for the next person to live in, whether through repairs, renovations, or improving the management.
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14 November 2024 | 8 replies
and connecting with local REI individuals and attending meetups to learn from experienced investors.