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27 November 2024 | 13 replies
Most properties are landscaped with water conservation in mind and therefore you don't have the expenses or hassle of maintaining large lawns, high water bills, large tree maintenance, etc.
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27 November 2024 | 10 replies
A few tips: maintain a solid credit score, organize your financials (especially your proof of funds), and be ready to show that you have a solid plan for your investments.
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27 November 2024 | 16 replies
- Having minor maintenance taken care of at no cost - Regular cleanings and maintenance so small issues don't become big issues- A hands off tenant who never bothers the landlord- A property maintained in new condition because it's in the tenant's interestI used to do primarily rental arbitrage but shifted to STR/MTR property management.
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5 December 2024 | 34 replies
To replace the roof on a home with solar panels, to maintain the solar panel warranty, you will need to use their company to remove the panels, store them safely during roof work, and then use their company to replace the panels and make sure they are working again.
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23 November 2024 | 3 replies
I currently own 4 units in 8 unit complex and i had to pay from my own pocket for cutting down trees because hoa has no money and the other units members dont' want to pitch and could care less also they dont' maintain there budlings which makes the complex look bit down.
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22 November 2024 | 7 replies
I just segregate risk (and costs money to maintain).
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25 November 2024 | 7 replies
Just keep in mind, the costs of setting up and maintaining an LLC and the bank account that goes with it, not exorbitant but important to consider.I'm not a CPA or an attorney, but I would suggest taking the time to diligently put together a trusted team to facilitate your long and successful investment journey!
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23 November 2024 | 6 replies
This eliminates the requirement for a new down payment since you are refinancing the existing debt.Lenders typically require:A copy of the owner-financing agreement.Proof of on-time payments (6–12 months).What to Do:Find lenders that offer rate-and-term refinancing for owner-financed properties (portfolio lenders and DSCR lenders often do this).Maintain a clean payment history.”
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2 December 2024 | 33 replies
That’s always going to win in the end as to coming out ahead as long as you make smart financial investments (such as maintaining control of your own investments, and making smart choices on properties that cash flow, etc).
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22 November 2024 | 4 replies
That's hitting the 2% "rule", and if you can maintain regular rent on that you've really hit a home run in today's market.