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6 January 2025 | 9 replies
If it does go to probate, hopefully your brothers and you can amicably go the informal route vs formal (I've worked with families in both when buying properties out of probate and informal is FAR easier).Since there's no debt on the house, maybe you could sell with financing or maybe you could even buy out your brothers with financing -- that way you maintain ownership and just pay them a monthly amount.
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3 January 2025 | 12 replies
By adhering to our standard procedures, we’re able to maintain consistency and fairness across all tenants, avoiding any perception of favoritism.Thanks again for your feedback!
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2 January 2025 | 0 replies
By building strong connections and sharing knowledge, we can support each other's journeys and uncover new pathways to success.Moreover, let's not forget the importance of maintaining a healthy work-life balance.
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3 January 2025 | 3 replies
My tenants are responsible for maintaining a clean property and for any requested pest control services.
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5 January 2025 | 18 replies
I am 100% ok with my w2 providing me income to maintain my life and grow a nest egg for the later aspect of life
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7 January 2025 | 8 replies
Since they are responsible for maintaining the relationship with you after the transaction closes, this approach adds an extra layer of confidence and security to your investment.If you can't find an investor agent that you like or trust that is also a Property Manager or works under a brokerage that has a Property Management Division, I would ask the agent if they recommend a Property Management Company.
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17 January 2025 | 40 replies
Balancing that with wanting to do something to maintain affordable housing for those in mid to lower income brackets.
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8 January 2025 | 11 replies
These will eat away at any "cashflow" you may have.2.Tenant Issues: Properties in certain areas may face challenges with tenant behavior, making it tough to maintain the house long-term.
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6 January 2025 | 8 replies
If your parents do not have experience and you are eager to learn, you should come up with a strategy with your parents so that you can start managing the existing portfolio and finding a way to grow it.First and foremost I would maximize the property as much as possible now.How well is it maintained - any deferred maintenance?
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2 January 2025 | 12 replies
I run multiple properties in B or C area and I maintain super host status every quarter.