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22 January 2025 | 4 replies
Many business owners are deeply concerned with the future treatment of their employees, equipment, image, customers, etc.
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27 January 2025 | 9 replies
I completely understand that concern and glad you both raised that point about a nursing home, however, I do have a big house and we have casually talked about moving her in with me when that time comes.
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9 January 2025 | 8 replies
I also advertise before someone moves out to get a new tenant before the current one leaves. 100% occupancy on a LTR is very common for me.No idea on a MTR.100% occupancy sounds great, but for a bigger portfolio or apartment complex, it usually means you're leaving money on the table.Here’s an extreme example: I could rent out 100 units at $500 a month and make $50,000.
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11 January 2025 | 2 replies
The truly tragic natural disasters in California, North Carolina, Florida and others of the past six months are evidence that no location is truly 'climate safe,' however there are geographical areas that can expect less weather extremes and lower costs of living, developing, insuring and seemingly...surviving.
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8 January 2025 | 29 replies
First thing is NEVER feel concerned of hurting someone's feelings or ego, your reviewing to employ them, that makes you the boss doesn't it?
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2 January 2025 | 36 replies
Given your concerns about California’s high prices and tenant laws, exploring out-of-state markets is a great idea, especially for rookie landlords.Oklahoma is worth considering!
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9 January 2025 | 4 replies
Do your homework first - then you'll be ready for a more meaningful conversation with a landlord.Best...Thanks for your response. so I have researched the rates and I understand that screening a tenant is crucial. mu biggest concerns are the carrying costs until a tenant is filled as I’ve heard the process can take up to 3 months to find a tenant.
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6 January 2025 | 38 replies
Despenas LLC aka SDIRA Wealth aka Modern Day Living Real Estate LLC are all scam companies that inflate housing prices in the neighborhood only to sell eviction-prone extremely damaged homes with no intent to perform the agreed-upon inspection repairs and send you through multiple corporate hoops after purchase only to completely ignore you immediately after the sale.
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3 January 2025 | 2 replies
Hey Santosh,As of right now you're extremely exposed regarding insurance and I'm going to assume legally as well.If the home isn't registered as a legal multi-family with the town that's something you'll have to correct ASAP and make sure the home is up to code.Insurance wise as soon as they find out what you're doing they'll cancel you as the risk has changed from a single family owner occupied home to a multi family owner occupied home.