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14 January 2025 | 9 replies
Unless the medical condition meets the state criteria for early termination and that the medical notice does not appear to suggest that, you cannot terminate the lease outright/immediately but that you will begin to market the property for rental and upon securing an acceptable tenant, the lease can be terminated pending a satisfactory property walkthrough indicating no damages.
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26 January 2025 | 11 replies
This could turn a potential loss into positive cash flow while protecting your property’s value.
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4 February 2025 | 12 replies
Look for distressed properties or FSBO signs.
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23 January 2025 | 0 replies
Went and viewed about 10 properties, made an offer on one without a buyer's agent, so that the selling agent would double end the deal and they accepted a below ask offer at a time when prices were climbing.How did you finance this deal?
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4 February 2025 | 11 replies
Is the process the same as buying property in Canada?
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30 January 2025 | 21 replies
Max of three rental properties.
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4 February 2025 | 6 replies
Focus on absentee owners and start with the ones who live the farthest away and only own one property in the area since they have the least use for the property.You can also drive for dollars, looking for anomalies of disrepair and then look them up in the tax records and use a site like Spokeo to do cheap skip tracing.
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21 January 2025 | 8 replies
So, make sure YOU understand the copy & paste info below:Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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27 December 2024 | 2 replies
The guests have a credit card on file and your policy should allow you to charge for damages or excessive cleaning.
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26 January 2025 | 2 replies
If the property is vacant, you will attract a larger pool of buyers as not everyone looking for a house wants to use it as a rental.