James Syed
5 Day Notice Illinois
5 January 2025 | 18 replies
It is my understanding that the 5 day notice is not sufficient by certified mail if the tenant never signs for it.
John Williams
Downside of the 1% rule...
23 December 2024 | 34 replies
You need sufficient rental income to cover your expenses, or you bleed money.
Adam Ortiz
Buying my first investment property out of state?
28 December 2024 | 8 replies
I invest locally and invest out of state, and the main issue for most is the shiny diamond syndrome providing you the reasons why investing (insert area here) is the best place.
Lisa Ngo
Umbrella Policy for Out of State Rental Property
6 December 2024 | 11 replies
You just need to have certain minimum underlying requirements per policy exposure.I do agree that having $1 million in underlying coverage is not a sufficient reason to not consider an umbrella policy.
Lilia Matlov
Risks and Opportunities Coexist
11 January 2025 | 4 replies
Focus on fundamentals: buy below market value, have strong cash flow (or a clear path to creating it), and maintain sufficient reserves to weather any unexpected challenges.If you’re strategic and stay patient, this market could create opportunities that lay the groundwork for long-term success.
Frank Pyle
Seeking Advice on Financing an Airbnb/Short-Term Rental
11 January 2025 | 13 replies
Do you have an idea of the long-term rental amount, and would that be sufficient to meet the DSCR ratio needed to qualify for the loan?
Cody Ford
How do you know when a house is too old?
6 January 2025 | 5 replies
The only thing that might give me pause would be if I did not have sufficient capital on a building that was older but had appeared to have significant maintenance issues when I was looking at it to buy.
Jonathan S.
Passive Real Estate Investing
11 January 2025 | 9 replies
Sufficient infrastructure: Companies select locations with major airports, highways, and a large population of potential workers.
Michele Hart
Inherited a house with my 2 brothers
6 January 2025 | 9 replies
Hawaiian real estate law differs from other western states significantly, mostly due to its monarchal heritage and the Bishop Trust influence.The basics are the same as would be in California; determine the condition of title ownership (individual(s), estate (including conservatorship, if appropriate) OR fiduciary acting for trust.Use a qualified private money equity lender to make a loan sufficient to buy out the cash-only beneficiaryThe legal community in HI and Big Island in particular is small.
Mohammed Islam
Seller trying to keep EMD, financing fell through.
1 January 2025 | 8 replies
If the appraisal came in at the price what was not sufficient for them?