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31 January 2025 | 28 replies
When something goes into default, like this property has has, I have little to no control yet assumed a lot of risk.
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26 January 2025 | 2 replies
- Controlling costs for payroll processing, unemployment charges, workman's comp and liability insurance- Coordinating ServiceTech & tenant schedules for appointments--- There are several industry vendors that focus on just this!
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10 January 2025 | 4 replies
Also make sure you are comfortable with some holding costs if the units don't get rented right away (if vacant).Also look into if there is rent control in the area that the property is located.
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14 January 2025 | 5 replies
These typically include services like renters insurance, HVAC filter delivery, pest control, and sometimes utility management.
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13 January 2025 | 9 replies
.- Ask attorney how you can enforce collecting on the lien when you need to.3) Getting full control of the property, while allowing your aunt to keep her ownership.- Have attorney draw up a contract to do this.Suggest you offer your dad some cash, now or in the near future, to motivate him to transfer his ownership to you.It may not work out, but you will learn a lot either way!
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11 January 2025 | 31 replies
But are you sure that it's impossible to get done remotely, by phone?
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4 January 2025 | 9 replies
Since you're a citizen but you live and work abroad you'd still qualify mostly for second homes occupancy or investor non owner occupancy (primary is hard to claim if your job requires you to be physically next to the office as an example so an underwriter isnt going to readily believe you unless you can get HR to write you a letter to state you're remotely capable of earning this income/job duties anywhere).Hopefully that helps let me know if you have further questions into mortgage planning.
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7 February 2025 | 2 replies
A kitchen fire in the back unit got a little out of control and burned up to the roof.
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8 January 2025 | 5 replies
., so any insights on managing investments remotely would be helpful.I’m also open to being as involved as necessary to reach this goal.Thanks in advance for your help!
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11 January 2025 | 67 replies
, but very difficult to DIY remote manage.