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Results (10,000+)
Brandon Bell Lots of equity and cash flow...what should I do?
12 August 2024 | 8 replies
But I have been looking into splitting the duplex into two condos (yes I know it is a lot of work) and I could probably get 325-350k for each, netting me 650-700k.Number:* Mortgage interest 2.5%* Mortgage principle 240k* PITI $2100/month* Rent 2200/month (current tenant on a two year lease)* Potential rent on my side $2400/month * 100k HELOC at 11% (fixed) (not currently being used)* est additional cost to split the dueplex 75-100k (conservative, probably less)     *new siding 30k (just put on a new roof this year)     *legal 10-15k     *fire proofing 15k     * 15-40k for stuff I am not aware of or underestimated on* some of the appreciation is external from the home     *big grocery store put in 3min away     * newly paved road in front of my house     *a building that was falling down across the street has been torn down          * Still a vacant lot with the foundation exposed and fencing around it (so more local improvements are on the way)Part of me wants to take the money and run but man I love that 2.5% interest rate and the $2000/month cash flow (including taxes and capx)I have thought about 1031 exchanging into more rentals, but I would like to pivot into storage units.
Kevin Allen Louisville, KY mandatory inspections
12 August 2024 | 16 replies
I heard there was suppose to be a PAC to get this overturned and some legal action.
Joe Fish Property management subsidiary?
11 August 2024 | 2 replies
In Colorado, it is legal for you to manage your own properties without a real estate license.
Femi Ibrahim How New Western Acquisitions Made Me Lose my Life Savings ($70k)
13 August 2024 | 97 replies
Unfortunately this is a buyer beware situation and predatory business practices are legal.
Kevin Carter Can a RE agent join MLS without joining boards or NAR
12 August 2024 | 19 replies
One agent, Fletcher Thompson refused to join the association based on their prior racist policy of not accepting anyone of color during the 1960'sCase notes are here:- https://www.nar.realtor/legal/...Look up Thompson Brokers in Florida where you can access the MLS without paying fees to any association.
Margarita Bozhenkova Seeking Advice on Challenging Partnership: How to Minimize Losses and Move Forward
11 August 2024 | 8 replies
If not you may have to legally force the sale.
Benton Williams Ethics Question !
15 August 2024 | 34 replies
I am in the middle of a situation where I would like to non renew due to some issues but renovated the unit mid-lease and now have no legally justified reason for the non renew without jumping through some hoops first.
Tyler Segebarth Property Manager Acting Without Contract
11 August 2024 | 4 replies
I must choose between incurring substantial management fees each year or self-managing the property as I originally intended, but without the security that a deposit typically provides.In curious if anyone knows what my legal options would be here.
Dylan Speer Subject-To Deals Risky?
12 August 2024 | 37 replies
not legally.. that precludes the buyers right to a full foreclosure..
Wai Chan San Diego eviction process
12 August 2024 | 13 replies
I am sure I will raise to the max the law may allow.....I feel like there is nothing a landlord can do legally to avoid issue with tenant in San Diego now.