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2 July 2024 | 108 replies
It bans anyone , including home owners and flippers, even buyers and renters and individuals engaging in buying, selling, offering to buy or sell any real estate in excess of one per year, unless they have REA license.
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25 June 2024 | 125 replies
@Golan Corshidi if your W2 is providing a healthy surplus, you can be a bit more tolerant and "loose" a couple hundred bucks for a year one or two - if you are in a desirable neighborhood.1.)
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23 June 2024 | 11 replies
We are now seeking advice on how to protect our assets while owning the properties in our own names, without incurring excessive costs that could lead to negative cash flow.We are open to exploring creative solutions that strike a balance between asset protection and financial stability.
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25 June 2024 | 35 replies
Matthew , I agree that nothing is guaranteed in life , even those that have ah job might loose it this week .
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22 June 2024 | 5 replies
For example:General-Filters (furnace, air conditioning, oven exhaust, refrigerator, and water)-Stove burner when the “eye” needs simple replacement-Batteries and remotes that service the premises-Fan and light pull strings-Smoke and carbon alarms testing and batteries-Ensuring appliances are properly plugged in, hooked up, and used-Removing dirt, debris, and lint in and from connection pipes (e.g. clothes dryer)-Tighten loose screws on all home functions (e.g. doors, hinges, handles, socket -Balancing off-balance appliances-Cable, internet, and phone jacks-Fire extinguishers-Systems operation (e.g. security, irrigation, HVAC)HVAC-Monthly A/C filter and drain line maintenance Electrical-Reset “tripped” GFI breakers-Light bulbs (throughout and at the end of the tenancy)-Blown fuses-Reset breakers in the outside and inside breaker boxes-Socket and plug outlet coversPlumbing-Unclog drains or toilets-Caulking around tubs and showers as needed-Gas pilot lighting-Leaky faucets and shower heads-Toilet flappers, handles, seats and seat lids, tank lid, and flush kit-Sink and tub stoppers-If septic tank present, use RID-X as directed on consumer box-Proper cleaning of garbage disposal-Loose faucets and sprayer heads and hoses-Faucet filters (i.e. aerator)-Open exterior plumbing clean out when necessary (e.g. sewage backup)Exterior-Routine lawn (and pool) maintenance-Adjusting sprinkler heads as necessary-On the last month of tenancy, tenant must perform required lawn maintenance no sooner than 2 days prior to vacate dateThere’s a lot to consider as a landlord.
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21 June 2024 | 2 replies
The Fed's intervention, through increased interest rates, is intended to curb this excessive growth and bring the market back to more realistic levels.It's important to understand that a correction is a natural part of economic cycles and does not necessarily signal a crisis.
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21 June 2024 | 4 replies
Yes, provide as much information to the tenant as possible with a detailed list of all the excess expenses that are associated with the tenants damage to the property.
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22 June 2024 | 12 replies
Make sure not to get caught in small stuff like loosing 200 a month on investment property :) It will pay off in a year if your location is good!!
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21 June 2024 | 10 replies
Any insights welcome here and feel free to blow up my structure because I know I've got a pretty loose grasp on all the concepts here.
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23 June 2024 | 14 replies
Here are our concerns;- Some of the floor joists have been exposed to excessive moisture and are rotting away.