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17 April 2024 | 17 replies
If you were 30 days late they started eviction right away, if you paid up it would reset the clock until you were again 30 days behind.I got a note in the mail to say that this was my last chance and if I was late again when I renewed I would be MTM and that meant that I would have resign the lease or initial it every month,rent was $100 more for MTM leases, and if I was late while I was MTM it would not be renewed.Luckily I got that letter at the same time I got permanent employment with a huge IT Services company.Having permanent employment instead of working for a few months getting laid off and working again for a couple months fixed the money issue.You might want to do the same sort of thing.Raise the rent, make sure they know the rent is being raised because they cannot pay on time, and if they are late again, they will be kicked out even if they pay up.
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16 April 2024 | 3 replies
You will find that there is plenty of fat.
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16 April 2024 | 0 replies
They are inside (above) backyard at 25% inside property line back fence.Personally I would not buy it to stay permanently as primary (don't mind to stay year or two as tenant) but it is for investment and I can get some discount for this reason.
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16 April 2024 | 9 replies
Hi everyone,My name is Sammy Marshall and while I live permanently in Illinois, my wife and I are looking at purchasing our first house for STR in Saint Augustine, FL.
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16 April 2024 | 3 replies
I am confused on why moving objects that are not permanent structures are not permitted.
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16 April 2024 | 5 replies
@Jennifer Wong I have changed my leases to 11 months to avoid locking them in as permanent tenants after 1 year.
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21 April 2024 | 240 replies
Hey Justin,Thanks for your comment.Our bread and butter are single family but we are happy to take a "custom order" for multifamily.We usually do this for existing investors only tho.Also, as multifamily is out of the usual scope of what we do, we would require some fat cash in the deal to give us peace of mind that the transaction will actually go through.Over the years I have experienced many folks talking a big game but never actually playing it.Thus we need to protect the company in such a way by asking for $$$ in advance.Thanks again and don't hesitate to ask any further questions.
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20 April 2024 | 100 replies
I’m not cheering for @James Wise, however @Lenza M. you probably permanently burned a lot of bridges behind you on this thread of which you probably realize by now.
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15 April 2024 | 4 replies
Few things with MH that need to be assured is "Double wide" which you covered, On a permanent foundation/concrete slab, Not on axles/remove, Not moved from another property or living location, and built after June 1976 (Some investors require within 25 years).
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12 April 2024 | 16 replies
Life estates generally terminate in two ways: the Remainderman (step father) dies or permanently moves out (like a nursing home).