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24 January 2025 | 6 replies
It can make leasing a bit harder since you will have more vacancy when those come do but it will all be in peak season.With respect to the hiring decision, you would need to hire someone to replace you (perform the same functions you currently perform) so that you continue to work up the ladder (spending more time on higher value tasks).
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24 January 2025 | 12 replies
Now the photo came thru!
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29 January 2025 | 22 replies
Keep in mind that owning rental properties, even if it is a house hack, means operating a business and thus should be treated as one, respectively.
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23 January 2025 | 9 replies
However, if you're concerned about the cracks in the photos above, I think most would agree that they are normal settling cracks and that no further precautionary measurements need to be taken.
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29 January 2025 | 23 replies
A FHA 203k Loan is where the purchase price and rehab costs are rolled into a single loan.Assuming you have a respectable FICO you can buy, with a FHA Loan (3-5% down, a 30 year amortization schedule, and a residential loan rate which is around 7% in today’s market).If the property requires rehab, the Realtor and/ or Mortgage Broker will suggest applying, for a FHA 203k Loan.
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1 February 2025 | 23 replies
The very first day that a tenant is late, a Notice of Default needs to be delivered to the tenant (you need a receipt of delivery; if you hand deliver it, place it in a sealed envelope with their name on it marked 'urgent/confidential' and take a photo of it placed on their door).
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27 January 2025 | 29 replies
Quote from @Henry Clark: Quote from @Ashley Wilson: @Henry Clark I respect your perspective, however in my experience (I have coached over 200 students) the majority of students don't know where to start to analyze a deal.
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20 February 2025 | 114 replies
Since 2017, I started investing exclusively passively in real estate syndications - in over 15 opportunities at the moment.So far, the two than have fully exited have returned a 32% and 25% IRRs NET, respectively!
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17 February 2025 | 71 replies
Sorry for the imvestors out there that had eyes glaze over after reading that, I will post some photos on my next post.Stay well!!
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27 January 2025 | 6 replies
You need to send him a letter with proof of delivery required (a cheap date with US postal service) and you can also post the Notice in a sealed white envelope marked confidential to his door - and take a photo of it for proof of delivery.