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27 January 2025 | 7 replies
If you ask the manager to justify a fee and he starts hemming and hawing, move on or require them to remove the fee.
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7 February 2025 | 7 replies
Do not expect to keep them and be prepared to have to evict.If the jurisdiction this property is in requires anything in place in order to evict such as rental licenses, etc., get them in place before discussing an increase with the tenant because it's much easier to get inspections and repairs done when the tenant cooperates.
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29 January 2025 | 3 replies
In short, I can afford the additional $1100/mo cost of a second house, even until I rent it out.I have around $35K in HYSA and emergency funds that I could use for a down payment, but that's less than 20% which would be required for a conventional loan, assuming full purchase price.
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27 January 2025 | 7 replies
Agree Google nmls - funny on Facebook where 99% of private lending groups that are public are scam artists you get the "well license isn't required"I reply to this noting that while you are correct in some states - chances of a scammer with a nmls license are less than 1% while those without is 99% on sociale media
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25 January 2025 | 5 replies
Being the military, it had that definite institutional overtone to it, but the basic premise was the same.I recently toured a new senior's complex in which on end - for those who were still relatively self sufficient - had individual units (bedroom, sitting room / kitchenette ... effectively a bachelor apartment but without a full kitchen) clustered together in groups of 4 with their own common room / kitchen and courtyard.On the other side of the complex were units for those who required more assisted living.
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27 January 2025 | 9 replies
They do require that person to have no assets, so a house in her name could be problematic.
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6 January 2025 | 3 replies
If the desired zoning is next to your property, it is easier to get rezoned.
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2 February 2025 | 2 replies
My goal is to diversify with an investment that generates steady cash flow, even if it requires a larger upfront investment and lower overall returns.
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6 February 2025 | 7 replies
However, they require consistent maintenance to avoid becoming a liability.
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2 February 2025 | 7 replies
Maintain detailed records to substantiate deductions for materials, labor, and expenses, which can significantly reduce taxable income.While an S-Corp provides tax savings, it also requires payroll management and compliance with formalities, making it essential to stay organized or consult a tax professional for ongoing compliance.This post does not create a CPA-Client relationship.