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28 December 2024 | 19 replies
I recently talked to someone locally to me (Ohio) who got in trouble with the LCB for giving away a bottle of wine with his luxury rental as even that was considered selling it.
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30 December 2024 | 103 replies
Especially after reading all the horror stories on BP of sponsors not really ready for prime time getting in trouble with cash calls or losing the investment entirely. 8.
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17 December 2024 | 1 reply
Details on the duplex:Price: $385kBuilt: 2012Size: 2674 sq ft (1333 each side). 2 story, 3B/2.5B each side w/ 1 car garage & driveway for both, fenced backyard both sides.Interest: 5.49%PITI: $2,698Current Rent: $1,350 but could be brought up to ~$1,600, maybe $1,700Yearly Property Tax: $8,340 (I don't pay any on my side while I live there so $4,170)Upgrades: Vinyl floor in kitchen of both units, new AC (central HVAC) on vacant unit, roof done 2016.
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10 January 2025 | 67 replies
It's getting the benefits of the real estate without the typical tenant, termite, and toilet troubles.
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30 December 2024 | 24 replies
Never replaced the broken fence or gate from the hurricanes.
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1 January 2025 | 26 replies
@Nicholas L. 2 of the 3 properties are listed on MLS but having trouble moving due to interest rates (cost of capital).
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22 December 2024 | 4 replies
If they have the income but only pay 62% on time, it shows they are going to be trouble and do not take it seriously.
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23 December 2024 | 8 replies
Please make sure you have all the correct disclosures and everyone knows what's going on so you do not get in trouble or anyone else.
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27 December 2024 | 18 replies
I think it's super cool but I'm having a little trouble completing the puzzle - I know it makes sense, but I'm not quite there.