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11 November 2024 | 4 replies
It still doesn't become public knowledge, but the lenders do want to know who's really behind the land trust, for obvious reasons.
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15 November 2024 | 12 replies
Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.
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12 November 2024 | 1 reply
There is a billboard on site with lease in place. 2.5 acres total with outdoor parking and room for expansion.
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13 November 2024 | 11 replies
However, as a landlord, obviously I want to include as many terms as possible to spell out what is and isn't required.Thanks again for your insights!
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11 November 2024 | 7 replies
Total property value is 5 mill.Loan term is ending May 2026.
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18 November 2024 | 47 replies
(Confusing we know, this means that not only does the customer stay for 7 days or less on avg. they also don't come back multiple times during the year for separate trips and these stays add up to > 30 days -> Trip one: 7 days, Trip two: 7 days, etc.)Personal use of the property of 15 days or more OR more than 10% of the total rental days will cause the property to become a residence.
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14 November 2024 | 10 replies
This is proper planning and so smart to get educated way in advance of the first guy so you are totally on the right track.
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11 November 2024 | 10 replies
I just got confirmation he got a job but obviously the only thing I can verify is his rental tenant history.
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14 November 2024 | 13 replies
Appreciate all your feedback.The vast, vast majority of properties in Baltimore city, especially city properties cost more to rehab than they are worth, effectively totaling the properties, it’s great that you want to help fix up Baltimore but you’d be better spent working with habitat for humanity or something as opposed to flipping in Baltimore, especially in the cheapest areas.
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13 November 2024 | 13 replies
The first, and most obvious sign, is that an LLC owns the home.