
29 September 2024 | 6 replies
If wholesaling is legal in WI without a license why is it illegal to have a property under contract without the intention of actually buying the property yourself?

3 October 2024 | 4 replies
Hello all, I am a new investor living in NJ with one unit in Northern NJ and a second under contract in the Poconos (PA).

3 October 2024 | 17 replies
The contract signed for the property was a 90 day cosmetic rehab with some distributions paid and now I am getting no phone calls.

2 October 2024 | 0 replies
They should be responsive and communicate clearly, possess a strong understanding of the local market, offer reasonable rates, and support borrowers throughout the process, all while ensuring legal compliance to protect your interests.

2 October 2024 | 8 replies
You'll need a reliable network of local professionals (plumbers, electricians, handymen) you can trust.Hiring a Property Manager:Peace of Mind: They handle day-to-day operations, tenant communications, and legal compliance.Local Expertise: They understand the local market trends and rental laws in Colorado Springs.Cost: While there’s a fee, many find it worth the reduction in stress and time commitment.Lessons Learned from ExperienceBuild a Strong Local Team: Even if you manage the property yourself, having a dependable local handyman and a real estate attorney can save you headaches.Leverage Technology: Utilize property management software for rent collection, maintenance requests, and tenant screening.

2 October 2024 | 10 replies
I would have simply said they the ceiling fan stays when they move out as its an upgrade and a light fixture is a "fixture" aka once attached to real estate it legally becomes part of the real estate and YOUR (the landlord's) property.

3 October 2024 | 6 replies
I believe an effective approach is to include a seller concession in the purchase contract, specifically as a seller contribution towards the buyer's closing costs.For instance, we had a case with VA buyers where we implemented this strategy, allowing a portion of the loan to be disbursed to them in cash.

2 October 2024 | 4 replies
I'll use legal consul if I need to, but again, was hoping to get acclimated to self-managing and doing this, as it is apt to come up again.

2 October 2024 | 2 replies
This also leads owners to ASSUME simpler is better when it comes to management contracts.

2 October 2024 | 2 replies
Is there a way to separate from them legally without getting a lawyer involved?