Joe Au
Use HELOC to paydown mortgage fast
11 January 2025 | 420 replies
I might have mentioned this before, but it makes me think of a story I heard awhile back where a semi was stuck underneath an overpass and a bunch of engineers were trying to figure out how to get it out without damaging the overpass.
Jennifer Fernéz
Let's say you have $80K in your savings account...
19 December 2024 | 82 replies
And STRs really help because you don't have the large dings that long term rentals have - i.e tenants damaging the property to where you have huge make ready costs (the str insurance covers that), no collections or evictions issues.
Andy S.
Tenant Vacated - Refunding Tenant Security Depsit: Via Registered mail or Zelle
27 November 2024 | 6 replies
Another reason to send it by mail is in many cases you will be deducting damages from deposit.
Jessie MacDonald
Mold problem with tenants
27 November 2024 | 4 replies
A minimum temperature of 55 oF must be maintained inside your Rental Unit at all times; damage to the Premises resulting from you not doing so is your sole responsibility.19.
Kathy Diamond
Looking for counties that meet the 1% rule
1 December 2024 | 32 replies
If you have zero vacancies, zero tenant damage, make sure utilities (especially heat) stay on every winter even if the tenant doesn’t pay.
Sean Relyea
Baselane & ACH Collection Services
3 December 2024 | 26 replies
I can pursue a legal action against the tenant or Baselane, but this will cost me additional $2-3K in legal fees besides dealing with a loss of at least $5K of rent and damages caused.
Lynn Funna
Section 8 tenant causing damage, forcing abatement
19 November 2024 | 2 replies
Hello everyone,I have been given 15 day extension to show an effort to do repairs on a large SFH that now has a unlawful detainer/former tenant who has been found subleasing, damaging the property and preventing contractors from entering.
Bruce Lynn
Everyone wants to buy a foreclosure until they get to see inside the property
1 December 2024 | 134 replies
"Just a little damage" Walks flat, needs roof and cosmetics.
Silas Melson
Turnkey Investing Concerns
3 December 2024 | 16 replies
When there is a vacancy, a leaking sink, a drip from the roof, a fallen branch from a tree, storm damage, a rough tenant, a potato down the toilet...whatever expense comes up in the future, and they always come up, that is what the cash flow is for.
Gretchen Williams
Subletting company a scam?
30 November 2024 | 19 replies
The potential risks like unpaid bills and damaged property aren't worth the hassle.