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13 February 2025 | 13 replies
Hi EdwardThe main benefits of section 8 include guaranteed rent payments from the government, which can provide a steady income stream and reduce the risk of vacancies or non-payment.
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24 January 2025 | 9 replies
Many lenders also impose additional requirements such as owner-occupancy, and/or that one lender make all of the institutional loans in the building.- The CA rules seem to have many rules related to financing such as seller must include appraisal, no balloon payments before 10 years, etc.
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7 February 2025 | 10 replies
Run a credit check, which will include her address history and the dates she lived at each one.
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31 January 2025 | 5 replies
We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.
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20 January 2025 | 15 replies
While that kind of income is not a deterring factor, when I looked over the terms of service many big red flags came up.
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4 February 2025 | 9 replies
@Quan Pham have you investigated at all the potential increases in property taxes and home insurance (need to have landlord policy) and included them in your cashflow calcluations?
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18 February 2025 | 27 replies
The best areas to consider include East Point, West End, Kirkwood, Decatur (outside city limits), and Marietta, each offering a balance of affordability, appreciation, and rental demand.
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1 February 2025 | 5 replies
I was reading up about it, and saw that the cons of oil heating include needing to top up the oil supply, lower efficiency (than gas and electric), and potential leaking of tanks leading to environmental issues.Is anyone familiar with oil heated homes?
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19 February 2025 | 19 replies
I did it, because I had no choice, but I would not recommend it.The pictures below are all (young me) me, including the guy inside the septic system.
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12 February 2025 | 20 replies
The risk of "piercing the veil" applies more to LLCs when personal and business finances are not properly separated, not necessarily to individual landlords renting a portion of their home.A more practical approach is ensuring you have a solid lease agreement, sufficient liability insurance (including an umbrella policy), and properly reporting rental income and deductions on your tax return (Schedule E).