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2 February 2025 | 9 replies
Upon move-in, appliances, cabinets, floors and walls all had built-up grime and residue from your habitation of the home.Infestation of bugs, pests and rodents-There was no attempt to treat the house for pests, as evidenced by the more than 15 spiders we have already seen in the basement, and the live, active wasp nest in the patio fence.Floors, stairways and railings in poor condition-The carpets are stained and smelly.
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24 January 2025 | 4 replies
I did notice end of 2024 to be more active and January to continue that streak compared to 2023 and start of 2024.
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14 January 2025 | 17 replies
Call the mechanic or gas station up the street and ask the owners if they know someone.
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23 January 2025 | 9 replies
@Eric E.UBIT only comes into play in an IRA on leveraged real estate and running an active business.
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2 February 2025 | 4 replies
I personally benefited from this when I first started and now provide my signature to partnerships I am not as actively involved with.
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15 January 2025 | 10 replies
Good to have ONE SIGN set aside for a property on a busy street.
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16 January 2025 | 3 replies
There are likely active real estate investing groups for Tacoma and the surrounding area.
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12 January 2025 | 25 replies
This in a neighborhood that is slowly appreciating, some renovated homes mixed in with older homes, but is street by street:Purchase price: $130,00001% rule: meets about 0.88% Down payment 20% and closing costs: $29,493Rate: 6.99% conventional 30 yearMonthly payment PITI: $1009 (was $859 until property taxes increased recently) Current rent $1200 (increased from $1150)Property management fee 10%: $120 (was $115) Net cash flow (if no repairs called in): $71 (was $176)Net rental income most months: $170 (first month rent), $935, $922, $1035 (full month rent minus PM fee) $567, $760, $307, $963, $1035 (full month ), $535, $925, $1035 (full month but now property taxes increased), $585.
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22 January 2025 | 2 replies
The process can take client's anywhere from one month to two years of active and consistent searching, analysis and dealmaking to acquire the right home.
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4 February 2025 | 2 replies
We did this through our LLC, I was actively managing the project while my brother was passive.