Lisa Marie
Are REIAs a scam?
15 March 2024 | 93 replies
I can tell you that not all of them operate as non-profits, and unfortunately, many of the for-profit groups are like the one the OP referred to, in that they are overpriced and exist purely to serve interests of the so-called leadership (though I wouldn't define many of those as leaders).
Halil C.
Best AC option for short term rental?
11 March 2024 | 18 replies
To change batteries remove the screw. 2 years with no issues.
Alex Lawson
What maintenance issues do you not cover?
11 March 2024 | 7 replies
Tenant agrees to comply with all duties required by Wyoming Statute §1-21-1204: maintain the Premises in clean and safe condition and not unreasonably burden any common area; dispose of all garbage and other waste; maintain all plumbing fixtures in a condition as sanitary as the fixtures permit; use all electrical, plumbing, sanitary, heating, and other facilities and appliances in a reasonable manner; prevent water pipes from freezing by turning off outside spigots, disconnecting hoses, and keeping the rental heated to at least 50 degrees; replace lightbulbs, air filters, water filters, and other consumables as needed; test smoke detectors every six months and replace batteries as needed; immediately notify Agent in writing of any defects or dangerous conditions Tenant becomes aware of; replace broken or cracked glass, no matter the circumstance of breakage, unless the Tenant provides Agent with a police report detailing breakage beyond the control of Tenant; pay to repair anything damaged by the Tenant, his guests or invitees, whether through intentional act or negligence; upon termination, remove all personal property and garbage either owned or placed on the Premises by Tenant and clean the Premises to the condition at the beginning of the AgreementCreate a policy and stick to it.
Mike Clary
Newbie in Cincinnati/NKY Looking to Learn
11 March 2024 | 5 replies
Is it purely about the cash flow?
Bian Dahab
How to Fix Deep Scratches on Wooden Floors
10 March 2024 | 4 replies
Use Tinted Paste wax and buff out or try pure coconut oil thick waxing in the jar rub a few times and then buff out.
James Carlson
Boulder County, Colorado streamlines STR regulation
11 March 2024 | 12 replies
Obviously it's a pure investment STR, that proposed law could change things.
William Burns
Non-Conventional Financing Fix & Flips
10 March 2024 | 15 replies
If you have a pure private lender that is local or one that operates as a real PML or private money lender you will and can avoid these pesky credit min scores, credit history, or other requirements that the institionalized HML/PML sources require you to have.The rate/points may be higher but such is life.
Lan Bak
Pure DST vs.
7 March 2024 | 35 replies
Looking to get out of the active landlord business and exploring pure DST vs. 721 Exchange.From my limited reading, a DST-721 Exchange seems to be a better option except it is a one-way door (no exchange back to DST or 1031).Looking for some inputs, comments and gotchas in evaluating both options.Comments on upfront and ongoing fees are especially welcome :)Thanks in advance !
Havan Surat
5% downpayment lender
9 March 2024 | 11 replies
This is a portfolio loan offered by local credit unions where you can buy up to 5 pure investment properties with as little as 5% down if you qualify, which you do have to qualify still with DTI, credit, reserve requirements, etc.
Maximillian Engram
Pros and Cons of being a Real estate agent and an investor?
11 March 2024 | 22 replies
Personally, I got my license for purely selfish reasons first - then started representing clients and fell in love with the relational component.