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20 February 2025 | 11 replies
Private insurers sometimes offer lower rates.5.
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6 February 2025 | 12 replies
With the capital and experience to offer I've seen this work well as a joint venture.
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26 February 2025 | 2 replies
It's very general, not saying who represents who.You also need to speak to your broker to see if they allow sellers to go unrepresented when you as a licensee make offers.
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24 February 2025 | 5 replies
Quote from @Catherine Ding: My PM company is offering to do it for a high fee of $100/month so I'm trying to find alternative options.
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25 February 2025 | 4 replies
I suggest setting up a partnership agreement that outlines the financial contributions that each party will make and the distributions each partner will receive.
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25 February 2025 | 6 replies
In the meantime, we offered space heaters so that they would be more comfortable.
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18 February 2025 | 0 replies
The increase in listed and sold median prices suggests that rental prices are trending upwards.
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24 February 2025 | 0 replies
The house was on the market for a few weeks, I submitted my offer after the seller reduced the price to $24K.
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27 February 2025 | 0 replies
Meanwhile, Partner A’s Spouse is willing to transfer their 50% share to the Children but wants to retain a steady monthly income from the rental properties.Key Facts:Each rental unit currently generates $550/month, but market rates suggest it could be raised to $850/month.The Children will buy Partner B’s 50% interest using a bank loan at 7% interest.After the purchase, the Children plan to pay a minimum of $1,500/month toward the loan while holding excess cash in a reserve account.There are 3 properties.
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21 February 2025 | 29 replies
I really suggest you change your goal from making a tiny taxable cash flow (anything less than $1,000/mo per door.) until capex eats it up.