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4 February 2025 | 4 replies
You really shouldn’t be running your business on a stranger googling answers for you but…the google says: Depending on the rental agreement, Georgia landlords typically must provide a 60-day notice for lease renewals or terminations, while tenants generally need to give only a 30-day notice for lease termination.Jan 18, 2024If a new lease is not signed, and the landlord continues to accept monthly rent, the terms of the original lease still apply, except the landlord is required to give sixty (60) days' notice before she can terminate the lease or change the terms, and you (the tenant) are required to give thirty (30) days' notice before leaving.So you can’t non-renew until the end of April and you can’t even increase the rent until then.
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4 February 2025 | 0 replies
(cushmanwakefield.com)Demographic InsightsDigital Nomads: The U.S. has witnessed a significant rise in digital nomads, with numbers increasing by 131ince 2019, totaling over 17 million individuals.
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28 January 2025 | 1 reply
It hedges any downside risk and increases cash flow.
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20 January 2025 | 0 replies
California owners, should we increase our coverage, which should result in higher premiums?
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22 January 2025 | 10 replies
.- Over a 10 year period cashflow will increase as rents increase (rents typically rise faster than property taxes, insurance, etc.)- The property should be appreciating, if purchased in a good location, increasing the owner's equity/wealth.- Rents will be paying the mortgage off, increasing the owner's equity/wealth.- If you hold a rental until death, you can pass it on with a stepped-up cost basis, limiting captial gains if then sold (limited by inheritance tax limitations).Too many newbies on this site trying to replace their day job income via "passive" real estate investing w/o digging deep enough to understand how it really works.
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5 February 2025 | 10 replies
The shorter the prepayment term has an impact on increasing the rate.4.
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2 February 2025 | 0 replies
Given that the property was worth $390K in its current condition, I saw an opportunity to make the numbers work while keeping my upfront costs low.Instead of increasing my cash offer, I negotiated a $25K down payment with the seller carrying the balance for two years through owner financing.
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4 February 2025 | 5 replies
The return of installing one is not 1 to 1 but will increase your properties value.
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5 February 2025 | 6 replies
Would the value of the remodel increase the rents or the selling price that would out weight the cost?
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29 January 2025 | 10 replies
I have found that the "value add" opportunities, with rent increases, renovations, zoning conversions, and other work needed, absolutely do take up more of your time compared to a more turnkey property - even with third party management overseeing the process.