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9 January 2025 | 116 replies
Your goal is to secure this payment at the 18th month mark, by either selling the note to an private investor who's interested in a guaranteed 5% or you're going to refinance and pay the note off completely.
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27 December 2024 | 34 replies
and it definitely has felt that way haha, I've been posting it EVERYWHERE.I was drawn to S8 for the slightly above/guaranteed rents and the very long term tenancy.
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6 January 2025 | 25 replies
If you allow pets, your lease should require proof of licensing, regardless of breed.If the owner lets them run, with ensuing "incidents," I guarantee that violates city statutes.I (personally) would advise getting rid of the tenant.
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24 December 2024 | 10 replies
Quote from @Max Ferguson: Quote from @Jay Hinrichs: Quote from @Max Ferguson: I'd be interested in hearing about it, but I can almost guarantee if you aren't extremely well versed in the local market you will not find an end buyer.
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2 January 2025 | 12 replies
Dumb Debt also means that the owner takes on recourse debt and personally guarantees it instead of non-recourse debt or other people’s debt (OPD) or cross collateralizes it with highly appreciated assets with low debt to value ratios.
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30 December 2024 | 11 replies
For a small landlord, it CAN (no guarantee) be better to charge lower rent and approach the landlord/tenant relationship differently.
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30 December 2024 | 11 replies
There's no guarantee that the liability coverage will pay out unless the tenant is negligent, at fault, etc.Mold is typically not covered by insurance at all.
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4 January 2025 | 23 replies
I guarantee both tenants were at least passively looking at other apartments that same day.
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24 December 2024 | 5 replies
While the guarantee of income sounds great, it's only a percentage of the rent, typically up to 70% and the tenant has to pay the remainder.
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26 December 2024 | 5 replies
It's no guarantee but it's a good place to start.