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22 January 2025 | 12 replies
Also note that my company will possibly either cover closing costs if we sell or provide property management for two years if we rent.
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18 January 2025 | 15 replies
Do they like to be on the couch (if so I have couch covers)?
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9 February 2025 | 173 replies
Is it covered by some bonding or insurance the inspection company holds?
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23 January 2025 | 7 replies
FYI I do have plenty of reserves for my other units already, but would like to keep each property separate.My question is, where should I draw funds from to pay the least amount in penalties, taxes, loan interest, etc. from the following sources I have available:- 20 year 401k loan for a property- Sell a piece of my stock portfolio at 15% capital gains tax- Take a HELOC against an existing property- Private money loan from a trusted partner I have worked with beforeAlternatively, I could pool the reserves for all my properties to ensure I can cover anything immediate and know that I could always sell off a piece of my stock portfolio if needed and have the funds within 3 business days or set up a HELOC and only draw from it if needed.Appreciate any thoughts or what you have done in the past.
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20 February 2025 | 32 replies
That is one of my moves is to report Baselane to FTC for such fradulent practices, despite covered in footnotes in terms and conditions.
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4 February 2025 | 18 replies
You are competing against other owners who have a much lower basis and/or debt cost to cover.
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20 February 2025 | 33 replies
I would love it if someone developed software that automatically changes the cover photos and tracks impressions and conversions.
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22 January 2025 | 15 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
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29 January 2025 | 10 replies
Lower property taxes, affordable housing compared to LA (CA buyers are usually cash buyers because what they net from their smaller home in CA can get them a bigger home here, often covered by what they net from their CA sale), allergies (smog), and politics.
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1 February 2025 | 3 replies
For best results shop the vendors (who can be covered by insurance/meet HOA requirements) and get several options to your HOA management company to have the board pick from.