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15 October 2024 | 3 replies
Landlord-tenant/eviction issues, lawsuits to set aside the tax sale, code compliance, etc.
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15 October 2024 | 9 replies
Also, depending on the area, codes and historic have been a big pain especially since the new city administration has put a much higher % inspection requirements for "cosmetic rehabs".I've been able to turn majority of the units in the last 3 years.
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16 October 2024 | 10 replies
Dirt cheap bandit signs around town about 150 placed and dotted around local zip codes with hot spots of interest/traffic.3.
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14 October 2024 | 4 replies
I would like to have at least a couple properties before moving out of state that will at minimum break-even on cash flow as a LTR with property management long-distance.Other info:Looking to move out on Memphis with my wife in the next 2-4 yearsLooking to start a family in the next year or soComfortably have ~50k ready to invest sitting in HYSA, excluding Cash reservesHave an extra ~$70k in stocksMost interested in A- to C+ neighborhoodsI currently own & live in a 2/1.5 Condo locally (3.5% interest rate)Not allowed to rent it outHOA fees have risen to where PITI + HOA = $1100/mo.Have ~$100k trapped equity, good zip code I could sell quicklyOption A: Purchase another primary home locally I could live in for 2 years (lower interest rate), with intention of eventually converting it to LTR when I move out of state.
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14 October 2024 | 13 replies
After operating 1 rental for 2 years and another for just a few months, I just got notification from the code enforcement at my municipality (whom I had visited in person) that I didn't file a paper correctly and fines are possible.
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30 October 2024 | 236 replies
Anything outside of criminal code between ADULTS with their mental capacity INTACT is just that: a private transaction where two parties agree to exchange the goods at whatever price they agree to.
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15 October 2024 | 21 replies
On their website there is a spot that you can add your zip code to see the demand.
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17 October 2024 | 47 replies
The website is horrible, so many spelling and grammatical errors that you can't fix unless you know how to code.
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13 October 2024 | 8 replies
If he titles the house in mom's name by gift (no gift tax this year due to unified credit) , she has lived there for the right amount of time, can she exclude the gain entirely under Internal Revenue Code Sec. 121?
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10 October 2024 | 8 replies
I did find verbiage but from another jurisdiction "Unavailable for rent means a unit whose owner has filed with the code official a statement signed under penalty of perjury that such unit is not offered or available for rent as a rental unit and that prior to offering or making the unit available as a rental unit, the owner will apply for a Residential Rental Business License and comply with any applicable administrative regulations adopted pursuant to this chapter...."