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22 January 2025 | 14 replies
I have a hard money lender established to cover 80% of the purchase and 100% of the rehab, so my capital partners would be covering:20% of the purchase priceRange of $30,000-$50,000 cost of capital25% of the renovation budget (to kickstart the project while waiting for reimbursements)$25,000 contingency padAny tips would be great, and if you happen to be interested yourself I can send you more details.
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9 January 2025 | 4 replies
When it's a well established company like Apple, they aren't likely to be going out of business so there is some certainty that there will be in increase in demand for quite some time.
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8 January 2025 | 9 replies
you can always call or email the tenant in regards to this matter. i personally smoke as well and just would want my tenants happy and not feeling accused as its a big problem with a lot of tenant v landlord situations around the country. you can always say you got a report of the odor of weed and was just verifying the smell with both tenants on the property. you can restate your conditions with smoking. you can always ask if they are legally able to do so as well (meaning medical card). depending on how you want to handle it, if you want to make it a legal warning to the tenant as well, you should write a written letter sent by mail stating you got a report of weed and this is a written warning in case this a problem down the road, you have evidence to show the court if it gets to that matter that this is not your first occurrence. best of luck!
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24 January 2025 | 37 replies
We also have a big demand for traveling medical professionals, etc.
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20 January 2025 | 14 replies
In my opinion, you have to establish your own investment objectives.
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9 January 2025 | 4 replies
We have chosen one municipality to do Section 8 due to the relationship we have established with the director, case workers, and inspectors.
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1 February 2025 | 21 replies
Also, not sure what relationship you have established with your property manager but typically people hire managers to take care of this part and be tenant-facing.
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16 January 2025 | 10 replies
Do you have the connections already established?
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8 January 2025 | 6 replies
Well, I guess this says it as well as I could.This growth in ADU establishment goes hand in hand with progressive changes in Michigan's zoning laws.
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22 January 2025 | 4 replies
While I believe I operated with many of these strategies and tactics EVENTUALLY, I spent a long time “spinning my wheels” early on when trying to negotiate before establishing a rapport.