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11 January 2024 | 11 replies
Have any of you included a gift basket or welcome kit for your new tenants to begin a positive relationship from the start?
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16 January 2024 | 12 replies
but that's also a gift action as I vaguely remember.For the investment, you need control of the property, with ownership on her death.Your sales strategies will only trigger a sales.Is there any wiggle room on taxes?
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1 October 2021 | 4 replies
It may not be an option in your case, you should always secure financing before starting your project if possible.Get a HELOC to get your down payment money back, this will only work if you can get 100% financing and no new appraisal is required since HELOC lenders are not going to work with you since you have a half-finished project.Get a loan from your retirement account 401K or IRAGet a gift or a loan from familyFor those of you who went on to buy another property, how did you get the funds together to close another deal immediately following your rehab on a previous project?
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17 January 2024 | 3 replies
Tenant screening is a vital and intricate part of this process, and in this informative blog post, I'll share valuable insights into how I, as a seasoned and dedicated property manager, assist landlords in conducting thorough and effective tenant screening.Thorough Application Process:The initial step in the tenant screening process involves the creation of a comprehensive rental application.
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22 November 2019 | 18 replies
If I can recall correctly, you said it was a "parting gift".
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18 January 2024 | 2 replies
By delving into the intricate interplay of location, property features, market trends, and other influential elements, we hope to provide valuable insights and a deeper understanding of the intricate pricing dynamics in the real estate industry.
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4 December 2020 | 10 replies
Once the statute of limitations has been reached then if you are still feeling scorned you can report it on their taxes as a final parting gift.
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13 January 2021 | 13 replies
When my guy does a great job and goes above and beyond, I pay extra or give him a gift card on occasion.
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15 May 2023 | 6 replies
@Mike Neville thanks for the post ...answers: 1) you can use a standard rental property purchase loan to acquire the house - min down payment is 15% of the purchase price ...monthly mortgage insurance required if down payment is under 20% of price and rates/ fees are higher than regular owner occupied loans 2) I am not aware of any local loan programs that will provide funds for building a DADU or ADU on a rental property 3) I am not aware of any program that will allow you to combine the acquistion price and development cost As you mentioned regarding your friend / partner - most investors doing this will utilize some other funds source for development and building funds ( heloc ...savings ....HML ( hard money loan ) ...family loan/gift ....credit card ...personal loans ...leverage other properties ...etc....) thanks and good luck
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12 January 2024 | 0 replies
Delve into the intricate details of how various factors such as location, amenities, and local demand are carefully considered to inform and shape rental pricing strategies.