
1 August 2024 | 6 replies
I enjoyed that mine was a one man band, and it was smooth and efficient, handled by email and short hand dialogue and simple resolutions.My eviction filings, so far have been "light weight," mostly gets people motivated to pay and stay.I spoke to a couple of firms, but they make it sound much more complicated and ugly than it has been in my case, so they aren't resonating with me.

31 July 2024 | 4 replies
They aren't marketing "invest in this deal", they are marketing their company, their track record, their newsletter, their podcast, etc.

31 July 2024 | 4 replies
If you aren't going to be able to do that because there is a pending lease then those loan options aren't appropriate because you are buying an investment not a primary residence at that point.
1 August 2024 | 6 replies
You'll be renting to college students who (no offense) aren't always the most gentle tenants.

31 July 2024 | 11 replies
I am guessing you don't have tons of capital, so you aren't really "protecting" anything with and LLC and all of that stuff.

31 July 2024 | 16 replies
Otherwise, an employer is legally not allowed to share worker information, so we have a Verification of Employment (VOE) form we send with applicant's authorization signature.The biggest challenge/frustration is, all of this takes more time and effort - which costs a PMC more payroll!

1 August 2024 | 9 replies
Traveling medical professionals generally don’t need 3 BR homes and they aren’t traveling as much as previous years so make sure there’s enough demand.

31 July 2024 | 2 replies
If they aren't using a professional machine, odds are high that they'll leave water in the pad, causing the place to smell like mildew after a few days.

2 August 2024 | 15 replies
They all lead to a significant negative monthly return due to one or more of the following reasons:1) Asking Price is too high2) Traditional loan rates (FHA and Fannie Mae) are too high and affect total debt payment3) Existing rents are too low, so loan underwriters won't approve.4) Market Rents aren't high enough5) I would like to use the minimum down payment with FHA (3.5%) or Fannie Mae (5%).So, from all of these attempts, my understanding is the only way to make a house hack work in this region where I would at least breakeven on a monthly basis, is to purchase at a significantly lower price, lock in a nice creative deal or bring up my down payment to at least 20%.

31 July 2024 | 15 replies
The exceptions where you need to keep the bill in your name are when they are combined between units like your water and also utilities provided by the municipality or municipal authority.