5 April 2024 | 6 replies
@Tara AdiI am not an attorneyMy experience has been owning a condo as well as building 1,000’s of themIn this instance there was a defect from the common area element that caused damage to the window which would be the responsibility of the HOAThink of it another way, if the roof leaks and destroys your drywall ceiling - are you responsible to replace the drywall?

4 April 2024 | 5 replies
When we offer lease extensions and the tenant decides to go m2m we include a premium of $50-$100.

5 April 2024 | 14 replies
Finding a trustworthy lender to assist you with the financing process and help you realize your aspirations of being a house hacker may be achieved by following these guidelines and doing extensive research.Good luck!

5 April 2024 | 43 replies
I do not know who would, I would not, but this contract above is saying the owner of the property would be required to defend an employee of the PM for this instance - someone goes on property collects rent, gets in a fight and kills the tenant....

4 April 2024 | 38 replies
They usually have the most extensive connections and can help you assemble the other pieces to your team.

4 April 2024 | 5 replies
For instance, if you've determined that your max down payment ranges from 3.5% to 4%, ask yourself: do you have the 4% for the down payment plus an additional 3-4% for closing costs (Yes, be prepared to pay the closing cost for the acquisition of your properties) on a $1.3M property, at your disposal?
4 April 2024 | 11 replies
For instance, what is your note worth, what is the house worth, monthly expenses including mortgage, and gross rents, ect.

3 April 2024 | 7 replies
I have done extensive research on the area on the population, schools, hospitals, jobs, and the age group I'm targeting, and I've seen all the streets and the whole town as much possible without actually being there on google street view but i will be driving over there this weekend to get a real vibe of the place probably talk to locals.I pray that another major 2008 does NOT happen while I'm incurring on my first investment property lol..

3 April 2024 | 1 reply
For instance, you would be able to obtain a loan at less than 10% down, while a rental purchase would require at least 20% down.The down side to moving into a home is that you would not get to have LLC vesting.

3 April 2024 | 6 replies
My main concern is I want to make sure I offset any liability in perhaps the slim instance a tenant tries to sue me for potentially slipping and falling themselves or for whatever possible reason really.