25 November 2024 | 11 replies
i just need to add on the whole "adding tabs" thing : )i also need to look into how you bought with your roth ira unless it was your first home purchase or something..Quote from @John Underwood: Quote from @Matthew Sharman: Quote from @John Underwood: My partner has our properties on Rentredi.

23 November 2024 | 2 replies
Exploring wholesaling and land investing is a great way to break into the industry, and your focus on value-adding strategies and modular housing shows you’re thinking creatively about how to address market needs.Your entrepreneurial background in auto detailing will definitely serve you well in real estate, especially with your attention to detail and perseverance.

22 November 2024 | 5 replies
The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!
19 November 2024 | 10 replies
First of all I put my acceptance criteria clearly in the ad: minimum credit score (enter X amount, 620 is what I use),income 2-3x rent, good rental history, references, no evictions, acceptance dependent upon background check and employment verification, pet policy, desired lease term, etc. so that people will hopefully read that and not come to the open house if they know they won’t qualify.

23 November 2024 | 7 replies
You are left with smaller margin of equity in your rental and figuring out the new property you added.

26 November 2024 | 35 replies
Yes, getting sued is a risk factor and I've been involved with frivolous lawsuits which are not fun, but in my opinion you'd be in a much better spot owning a property in your personal name that let's you keep an extra 10-20% of the purchase price in your pocket as emergency funds, as opposed to buying the loan under an LLC that requires every last penny you might have to make the higher down payment, then you have to operate on a shoestring.

25 November 2024 | 13 replies
If the building is currently recognized as a single family residence, then you are changing use and presumably will need to sprinkler the building and satisfy other fire rating and STC rating requirements not to mention the added costs of having to run mechanicals for multiple units, multiple kitchens, additional bathrooms etc.

27 November 2024 | 13 replies
However ever if the numbers are done correct, you can buy one for a good price, live in it for a few years then sell it at a profit ish (Covers what ever extra you paid into the unit) to then migrate to a home instead of renting.This is if you purchased at a good price.For investment only??

22 November 2024 | 5 replies
A small tweak—like adding a cozier blanket or clearer check-in instructions—can elevate the guest experience.Create a Sense of Community: Responding to reviews lets you connect with guests, showcase your dedication to hospitality, and set the tone for future visitors.Tips to Boost Your 5-Star RatingsSpotlight Your Space with Amazing Photos: Ensure your listing photos highlight your property’s standout features.

25 November 2024 | 8 replies
So many prospective tenants don't read ads and call/text/email with the most ignorant & stupid questions, 24/7/365.