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4 November 2024 | 13 replies
If you are so stressed out that you are losing weight, than being a landlord is not for you.
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2 November 2024 | 4 replies
Many advisors don’t understand the complexities of real estate investing, fail to provide tax strategies, and, unfortunately, some are more focused on selling products for commissions rather than offering real value.That said, not all financial advisors are the same.
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31 October 2024 | 37 replies
My flaw was failing to appreciate the rate cap lock and short timing.
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5 November 2024 | 28 replies
I know its expensive but you will be well protected :)Or you save a lot of money and be better protected by doing this consistently and well:-carry appropriate types and amounts of insurance-sign contracts with indemnification provisions- obtain all necessary licenses and permits to operate your business-ensure all vendors/contractors are licensed and insured and list you as additional insured-sign well drafted and fair leases and be a responsive landlord -be an active owner or hire an active PM who avoids or at worse timely eliminates premises liability exposure The strategies you often read about are sold by alarmist asset protection companies who fail to disclose how impractical they are.
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30 October 2024 | 0 replies
Lengthier Escrow PeriodsNew flippers, unestablished in the market, will feel the weight of this bill most acutely.
2 November 2024 | 8 replies
This isn’t really a big deal though.Rent payments can be abated over unresolved maintenance issues and tenants failing to abide by S8 requirements.Many S8 housing commissions will not hold tenants accountable for damages they cause (tenant is supposed to repair or lose their voucher).
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1 November 2024 | 3 replies
They failed to do it properly and caused the damage.
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30 October 2024 | 3 replies
Either way - whether the tenants fail to vacate based on the notice you provided or whether they fail to pay, it sounds like you are headed towards eviction.
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31 October 2024 | 2 replies
I left the free version of Stessa a couple years ago because of constant failed connection issues with my linked banks and credit cards.
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1 November 2024 | 5 replies
Failing to budget correctly for repairs or not accounting for unexpected expenses can cause you to go over budget.