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22 March 2024 | 1 reply
I can provide you with an interactive map that meticulously outlines which streets allow for student rentals, offering clarity and ease in navigating the local regulations.With house prices and interest rates on the rise, coupled with the university's expansion, rental rates are experiencing a corresponding increase, ensuring a favorable outlook for investors.
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21 March 2024 | 2 replies
This policy should outline your criteria for tenant screening, including credit checks, rental history, employment verification, and background checks.Renters Insurance: Renters insurance provides financial protection for tenants' personal belongings and liability coverage in the event of accidents or damage within the rental unit.
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20 March 2024 | 4 replies
We have rough plans below (red outline is the original footprint).
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21 March 2024 | 25 replies
Everything else after this is usually virtual.Here is a general outline of what you don't want.
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20 March 2024 | 2 replies
There is obviously a formal lease, and we also supplement with a room mate agreement which outlines the more specific things like overnight guests and expectations in dispute resolutions/ cleaning/ care for the home and appliances, etc.I haven't received one formal "LL request" email yet, other than a formal 30 day notice in the event of a move out, which is usually after they've come talked to me in person about it to begin with. if there's an issue, it tends to be pretty limited to "hey, we have this shower rod falling off"... which im usually here to deal with (and tbh most of the time they like to fix it up with me), and it doesnt need to turn into a big thing. as for keys, i have the house on a yale smart lock, so 'handing over keys' is just official move out, walkthrough of the room for damages, and then I can delete their access code and access to the smart home systems without having to re-key the house.
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20 March 2024 | 6 replies
You still may run into the dealer/investor dilemma that I outlined earlier.
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20 March 2024 | 7 replies
Develop a clear investment plan that outlines your criteria, target market, and desired outcomes.Start Slow and Scale Up: Real estate investing is a journey, not a sprint.
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19 March 2024 | 9 replies
Scope of Work - Prepare a detailed scope of work outlining the renovations or repairs you plan to undertake.
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20 March 2024 | 24 replies
With the outlined steps and strategies, you can overcome the fear and stress associated with finding tenants for your house hack.
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20 March 2024 | 12 replies
@LaShanti Penn we just gave you our outline:)Start investigating, asking questions and learning how to apply it to your market.