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3 February 2025 | 11 replies
(Available time, money, income, family situation, credit availability, time horizon, real estate market location and phase, medical situation, etc etc.)
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20 January 2025 | 33 replies
NL is close to both 290 and the Pink Line, and close to the Medical District, great for medical staff and possibly traveling nurses.
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26 January 2025 | 2 replies
Unfortunately, it's now going to get more complicated:(There are two types of approaches PMCs use to bill for maintenance:1) In-house ServiceTechs on the payroll, so owners are billed for their time by the hour.While the labor charges above are useful, they don't cover the true costs a PMC incurs, like:- Payroll costs for FICA, Social Security, Medicare, etc. that typically add 25-40% to the hourly rate- Medical insurance costs for the worker- Payroll processing costs to handle all of the above- Liability insurance costs in case worker damages something or injures someone- Workman's Compensation insurance- Costs of vehicles and tools- and more...Typically the management contract will disclose the total hourly rate an owner will be charged.
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8 January 2025 | 6 replies
As someone who did something very similar to this for the last 2 years - rented out my 2nd private bedroom and bathroom in my apartment (rental) furnished to traveling professionals and medical students - I think it's a great idea!
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14 January 2025 | 23 replies
The lender at that point can exercise the Due On Sale and it becomes a problem for the subto buyer, who now has to find new financing or lose the house to foreclosure.
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29 January 2025 | 10 replies
This targets family’s between homes, either because they just moved to the area; have a definitive time work contract; current house is being rebuilt/remodeled/repaired; students with “rich” parents; recent separated/divorced who needs space for children visits; Houston medical center stays; etc.
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24 January 2025 | 35 replies
Multifamily mindset has recruited students from all walks of life such as teachers, medical doctors, veterans, real estate agents, business men, and I was included into a group (multifamily mindset encourages students to form groups) and one of them is a veteran who is divorced, has kids to support, not employed during that time, got a loan of $40,000 for the tuition.
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31 January 2025 | 20 replies
As I stated above, please exercise caution and make sure fully executed documents are received prior to wiring funds.
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22 January 2025 | 22 replies
Also, consider who you’re hosting, is it families, business travelers, or medical professionals?
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12 January 2025 | 7 replies
If that person were to get hurt somehow and then expect you to pay the medical bills or become disgruntled in some way it is just a phone call to DOR, OSHA or L&I.