
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.

12 August 2024 | 16 replies
I heard there was suppose to be a PAC to get this overturned and some legal action.

11 August 2024 | 2 replies
In Colorado, it is legal for you to manage your own properties without a real estate license.

13 August 2024 | 97 replies
Unfortunately this is a buyer beware situation and predatory business practices are legal.

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.

11 August 2024 | 8 replies
If not you may have to legally force the sale.

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.

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.

12 August 2024 | 37 replies
not legally.. that precludes the buyers right to a full foreclosure..

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.