Michael Poloncic
Tenant breaking their lease
9 January 2025 | 8 replies
Assuming your property is in Utah (like your profile indicates), here's the state law from a basic internet search:In Utah, a tenant who abandons a rental property without notice is liable for the lesser of the following: The rent remaining on the leaseThe rent plus the difference between the fair rental value and the agreed-upon rentThe cost to restore the property to its original conditionThe landlord can also remove the tenant's belongings and sell them if the tenant doesn't claim them within a reasonable time.
Leslie L Meneus
Networking? What do I do now?
9 January 2025 | 13 replies
So, When one person, the GURU, has a lot of people sending him leads, most don't work out of course, but some do and they are blasted all over the internet.
Luis Marin
Sell or Rent How do we identify what is best for us?
4 January 2025 | 5 replies
. ==== Projected Income ====**Off Season**-$4,000/Month Rent Period: September - May (7 Months) Projected Income: $28,000**Summer 1**-$8,000/Week Rent Period: June (4 Weeks)Projected Income: $32,000**Summer 2**-$8,500/WeekRent Period: July-September (12 Weeks) Projected Income: $102,000**Optional** (Basement Apartment)-$2,000/Month -Rent Period: Year Round Projected Income: $24,000TOTAL PROJECTED INCOME: $186,000 ==== Operating Cost ====-Mortgage: $84,000 ($7,000/Month) -Utilities: $36,200Gas $6,000 ($500/Month) Electricity $6,000 ($500/Month) Internet $2,400 ($200/Month) Garbage $5,000 (Estimate) Pool $4,000 ($250/Week)Landscaping: $4,000 -Mowing: $2,400 ($150/Week) -Clean Ups: $1,600 (Spring & Fall)-Weekly Turnovers: $8,800 ($550/Week)==== Legal Cost ====Summer Rental Fee: $20,100 (15% of $134K)Sandwich Rental Tax: $6,855 (15% of $45,700) NET PROFFIT: $38,845.00
Isaac Terry
Investing Out Of State - Starting
13 January 2025 | 14 replies
There are a lot of rough areas here that look good on the internet but the reality on the ground is much different.
Thomas Malone
Anyone experienced with Lee Arnold's system
11 January 2025 | 55 replies
A quick internet search led to quite a few complaints by people claiming to be ripped off, had deals fall through, or simply getting the run around each time.
Brenden Stadelman
Is The Investers edge legit?
27 December 2024 | 13 replies
It is too easy to scam over the internet.
Robert Bishop
I am 16 trying to get into real estate and have 200k
10 January 2025 | 28 replies
Stock picking is gambling pure and simple.
Christian Hwang
Advice for a New Out of State Flipper
1 January 2025 | 22 replies
They don't care about Yelp or the internet.
Zach Howard
Are we allowed to post zillow links here for feedback/analysis on potential deals?
10 January 2025 | 12 replies
You want to focus on markets that work with your plan and also where you have a personal connection with someone, even if you build that on the internet.