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30 November 2024 | 9 replies
Apparently they handle all property repairs and maintenance independently and have maintained a perfect payment history, even throughout the pandemic.Lease Option Agreement:Effective Date: November 1, 2022Terms:Purchase Price: $165,000Non-Refundable Down Payment: $10,000Lease Term: 3 years (ends October 31, 2025)Final Payment: $158,000 balance due upon term completionMonthly Payment: $1,150 (no rent credits)I didn't see this to be a deal because if in a the best case scenario my $25000 would walk away with 2400 which is about a 9% ROI.
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26 November 2024 | 4 replies
I have a tenant in Maine who refused to leave after her lease expired, and multiple notices were given saying she needed to leave after it expired.
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5 December 2024 | 18 replies
I quickly realized that you do not need to offee tours, especially since the units are occupied as long as your photos are up to date.
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3 December 2024 | 29 replies
Two disbursement dates have come and gone without money being added to my account or an email explaining why.
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20 November 2024 | 3 replies
@Wesley FryeWhat’s the expiration date of the contract?
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30 November 2024 | 2 replies
I try to post the meetup date/times on here, but I can add you to the email list as well if you shoot me your email.For a hard money lender I'd recommend Matt Rodrigue.
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28 November 2024 | 26 replies
All of my leases expire at the end of July.
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25 November 2024 | 0 replies
Given that the industrial market is softer than the prior few years, I intend to buyout/wait until current leases expire and leverage the space into self-storage.
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17 December 2024 | 86 replies
I also lived in the more dated unit so I could get better rent out of the other apartment than if it were vice versa.
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3 December 2024 | 3 replies
Note that a few months after that date rates started to rise and quickly got to over double what I got on these purchases which would significantly increase the P&i.