Tom Evans
Does a shared well agreement prohibit STR usage?
8 December 2024 | 4 replies
It does later say in the agreement that it is:"binding upon persons who own, lease, sublease, or occupy any parcel or portion thereof"The inclusion of which seems to imply that long term renting and/or subleasing would NOT be commercial use.I'm trying to figure out if I'm taking a significant risk buying this property for use as an STR.
Sonia Vanegas
advice on landlord threating to void clause in lease and raising rent
16 December 2024 | 21 replies
The painting should be completed within three months of the move-in date, and the Lessor will inspect the work to confirm it meets these standards.”This implies that the LL gets to determine that the paint job meets his quality expectation.”Per the mutual agreement between the Lessor and the Tenant, the Lessor has agreed to reduce the monthly rent from $3,200 to $3,100, allowing the Tenant to repaint portions of the house at their own expense.”this is not as clear as it could be, but could be interpreted that the rent is $3200 if the tenant does not paint the areas that the LL specifies to the quality that meets the LL quality expectations.
Thomas Malone
Anyone experienced with Lee Arnold's system
11 January 2025 | 55 replies
This so-called investor trainer keeps charging me but ignores my requests and contacts.
Joel R.
Am I required to issue 1099s to contractors if I only have one rental unit?
6 December 2024 | 12 replies
I agree that most of what I have read implies 1099s need to be issued, but there are a few articles, like the one I shared in my initial post that make me wonder...
Hamidou Keita
Seeking Advice on House Hacking Strategy: Buying Single-Family Home to Build Duplex i
5 January 2025 | 24 replies
This implies residential units can be built at lower costs and provide better return. 11) adding an ADU to SFH can make the SFH fall under rent control.
Damon Albers
tenants breaking leases and excessive damage make it hard to be profitable
5 January 2025 | 39 replies
They certainly are not above average which B+ implies.
Luis Herna
is wholesaling in texas legal without license?
10 December 2024 | 10 replies
and NO, I am not part of the 99 percent of bad wholesalers who will be out of business as you implied because I have a huge network of direct buyers.
Alex Silang
What drives you to aim to attain super wealth?
28 December 2024 | 23 replies
This implies that my investment decisions weigh return, passivity, and expected enjoyment.
Frank Dean
Section 8 rent
8 December 2024 | 12 replies
Yet, through the magic of social media marketing, they imply it's so easy to do every time.It's like paying someone for advice on "winning lottery numbers" just because they once won a scratch-off prize.DM us if you'd like to discuss the reality of using S8:)
John Williams
Downside of the 1% rule...
23 December 2024 | 34 replies
This implies the higher ratio areas actually produce lower cash flow over long holds.- it does not forecast rent growth or appreciation into the calculation.Those are not areas i desire to invest.