
14 January 2025 | 27 replies
Has anyone had any luck obtaining legal counsel and fighting this?
4 January 2025 | 5 replies
If you have specific questions about property management, I'll be happy to help!

6 January 2025 | 13 replies
If they had not moved out, i would have brought in the best attorney available and charged the tenant for the legal costs.

5 January 2025 | 2 replies
While I haven’t chosen a specific niche yet, I’m leaning toward purchasing a multi-unit apartment where my 20-year-old son could live and help manage while we rent out the other units—essentially a form of house-hacking.So far, I’ve connected with a few real estate agents and gained MLS access, which has been a great starting point.

4 January 2025 | 5 replies
. ==== Projected Income ====**Off Season**-$4,000/Month Rent Period: September - May (7 Months) Projected Income: $28,000**Summer 1**-$8,000/Week Rent Period: June (4 Weeks)Projected Income: $32,000**Summer 2**-$8,500/WeekRent Period: July-September (12 Weeks) Projected Income: $102,000**Optional** (Basement Apartment)-$2,000/Month -Rent Period: Year Round Projected Income: $24,000TOTAL PROJECTED INCOME: $186,000 ==== Operating Cost ====-Mortgage: $84,000 ($7,000/Month) -Utilities: $36,200Gas $6,000 ($500/Month) Electricity $6,000 ($500/Month) Internet $2,400 ($200/Month) Garbage $5,000 (Estimate) Pool $4,000 ($250/Week)Landscaping: $4,000 -Mowing: $2,400 ($150/Week) -Clean Ups: $1,600 (Spring & Fall)-Weekly Turnovers: $8,800 ($550/Week)==== Legal Cost ====Summer Rental Fee: $20,100 (15% of $134K)Sandwich Rental Tax: $6,855 (15% of $45,700) NET PROFFIT: $38,845.00

6 January 2025 | 3 replies
Ask specifically what is needed to comply.

30 December 2024 | 7 replies
Most are fine with that, but a few will have problems with it and claim there are legal issues, etc..

6 January 2025 | 7 replies
Considering it's from a reputable auction site, do I have decent legal standing if they misrepresent it?

7 January 2025 | 7 replies
It's all about building trust and relationships, and in the long run, that will pay off way more than just trying to squezze a specific deal.

4 January 2025 | 1 reply
Would need to know a bit more before giving a specific direction but it is usually best to hang on to your property and not sell whether you expand on it or rent it out and purchase a bigger property.