Raghavendra Jakkani
Process of renting out my first investment property
16 October 2024 | 4 replies
My list includes - last 2 years employment history and current employment [2 paystubs], criminal checks, eviction checks, No Pets, No smoking, tenant pays utilities, maintains landscape, no subleasing, bring own washer & dryer, 1 month security deposit and transfer of utilities before moving in, rental insurance, all occupants will be on lease, notice period of 2 months for termination, tenant references, No cosigners, no painting walls, late fee notice, any hoa fines should be paid by tenant, inspection of property at 3, 9 and 12 months.Please let me know if I am missing anything.3.
Charlene Bennett
Advice from Georgia landlords
14 October 2024 | 1 reply
My dreaded HOA has a rental cap and there is a waitlist.
Calvin Rappard
Violation of HOA rules: Pass fine to tenant?
9 October 2024 | 4 replies
I received a letter from the HOA about a violation of the rules - there is an oil spill in the property driveway.
Nate Armstrong
Is a huge real estate crash coming soon?
21 October 2024 | 176 replies
UNLESS the community has HOA and HOA is taking care of all the landscaping etc.
Keith Barnum
Second auction of property in 3 months...
13 October 2024 | 4 replies
Sounds like someone way overpaid at the HOA foreclosure auction, hence the surplus funds.
Shelby McKean
Thoughts on Turnkeys?
14 October 2024 | 31 replies
HOA fees can increase with no limit and you can have special assessments.
Margharita Silva
Building "lease fee"
13 October 2024 | 10 replies
Is your property managed by the HOA?
Graham Lemly
First Property - Which of these 3 Options Should I do?
14 October 2024 | 4 replies
I would like to have at least a couple properties before moving out of state that will at minimum break-even on cash flow as a LTR with property management long-distance.Other info:Looking to move out on Memphis with my wife in the next 2-4 yearsLooking to start a family in the next year or soComfortably have ~50k ready to invest sitting in HYSA, excluding Cash reservesHave an extra ~$70k in stocksMost interested in A- to C+ neighborhoodsI currently own & live in a 2/1.5 Condo locally (3.5% interest rate)Not allowed to rent it outHOA fees have risen to where PITI + HOA = $1100/mo.Have ~$100k trapped equity, good zip code I could sell quicklyOption A: Purchase another primary home locally I could live in for 2 years (lower interest rate), with intention of eventually converting it to LTR when I move out of state.
John Underwood
STR insurance in Florida
17 October 2024 | 14 replies
They're retired and on fixed incomes, and they won't be able to afford the insurance and/or their HOA fee increase.
Bob Beach
Leased SFH vs. AirBnB?
14 October 2024 | 3 replies
.• Have written permission from your Homeowners Association (HOA), if applicable.