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16 September 2024 | 5 replies
Also, put any repairs pointed out by the inspector into the following categories (by priority)1) Health & Safety - to avoid tenant injury and potential lawsuits2) Property Preservation - to stop further costlier damages3) Government Required - city inspection repairs & S84) Marketing Negative Impact - who'll rent a house with purple bedrooms?
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15 September 2024 | 22 replies
I hope some body read this and do your own due diligence.
16 September 2024 | 9 replies
The governments are quick to reassess when values go up, not so much when they go down.
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16 September 2024 | 22 replies
All the hard work it took to get myself into a position to invest was not kind on my body.
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13 September 2024 | 4 replies
I just graduated and am currently working as an intern at a government agency (for up to one year).
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14 September 2024 | 20 replies
The mortgage is secured—or collateralized—by the house, the buyer’s name goes on the title and the mortgage is recorded with the local government.2.
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12 September 2024 | 2 replies
Building permit lists are public records that document permits issued by local government authorities for construction, renovation, or demolition projects.
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16 September 2024 | 35 replies
The down side to Latin America is that the government can change at any time leading to civil unrest.
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15 September 2024 | 2 replies
Except the government bureaucracy and people's stubbornness, of course.We always report taxes for one specific year, and it changes from year to year.
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13 September 2024 | 16 replies
When it comes to renting to Section 8 (S8) tenants, there are definitely pros and cons to consider:Pros of S8 Tenants:Guaranteed Rent: The government will pay a portion (sometimes all) of the rent, so you'll have consistent cash flow.High Demand: There's often a waiting list for S8 housing, meaning less vacancy time.Cons:Property Inspections: Your property will need to pass regular inspections, and repairs/maintenance must meet specific standards.Tenant Screening: Just like with non-S8 tenants, tenant quality can vary, so thorough screening is still essential.As for the down payment, yes, most lenders will require 15-25% down for investment properties.