
22 November 2017 | 9 replies
In addition to ensuring there are no legal issues clouding your ownership, that will also give you six additional months to clean up your credit score and also to establish some work history.

20 November 2017 | 10 replies
We've bought property that way, but it wasn't clean and there was a risk that there were debts or other judgements attached to the LLC that we didn't know about.

20 November 2017 | 9 replies
Also when purchasing from auctions if you do a title search and it comes back clean is it still recommend to purchase title insurance?

22 November 2017 | 12 replies
If you are looking at a small multi-family of four units or less:Rent RollReview all leases, addendums, or other agreementsTenant payment historyAny violation notices, delinquenciesList of all maintenance in the past yearSchedule of capital improvements in the past 3-5 yearsUtility bill reviewP&L for current year plus the last 1-2Service contracts (landscaping, cleaning, snow removal, etc.)Inventory of all property owned by SellerThere may be more but this is a good start.
21 November 2017 | 11 replies
Whatever you have left over from your annual rental income after you have paid all the annual expenses for property taxes, hazard insurance, cleaning, maintenance and upkeep, repairs, property management, legal fees, advertising, mailing, postage, HOA fees, etc. is your annual cash flow.
24 November 2017 | 11 replies
Have them add you as an authorized user to some of their good, clean, long term accounts.

23 November 2017 | 17 replies
I'm doing a few things in my personal finances to clean up a costly divorce I paid for with a second mortgage and credit cards (0% promos).

21 November 2017 | 2 replies
Cleaning, decluttering, and staging will help tremendously.

28 November 2017 | 14 replies
One example recently, I had an issue with a tenant breaking multiple house rules (smoking, party, extra guests, late check out) and causing damage and excessive clean up.

23 November 2017 | 15 replies
Probably the biggest thing was that I partnered with a contractor who had a different vision for the property than I did.It was an old duplex that he envisioned as being sold only to an investor and he wanted to finish it with low-mid grade finishes (formica, wall-wall carpet, clean up the old gas stoves, etc).