
21 June 2024 | 10 replies
Provides for the acceleration of rent payments if the tenant defaults or breaches the rental agreement or otherwise waives the landlord's obligation to mitigate damages as required in section 704.29, Wis.

21 June 2024 | 3 replies
If it's a non recourse DSCR to they pull your credit, and what is that requirement?

22 June 2024 | 129 replies
Doubling or tripling of property taxes by the taxing authorities, new permit requirements and fees, insurance, increasing VRBO and Airbnb fees, etc.

21 June 2024 | 13 replies
This would require a lower down payment, and after a year, you could move on to another property.

21 June 2024 | 4 replies
Your offer to purchase should include a requirement that the Seller provide all documentation and agree to sign an estoppel certificate (also called an estoppel form or agreement).

21 June 2024 | 4 replies
Could you instead do ones that require a card or app to do laundry?

20 June 2024 | 23 replies
Next, if it is one property (and its in good condition) then it will not require a lot of time once you have found a good tenant.

21 June 2024 | 0 replies
Managing the $37,413 renovation budget required careful oversight to ensure timely completion.
21 June 2024 | 10 replies
Some lenders may allow it, while others may require refinancing.Quit claim deed: This is typically how you'd transfer the property to an LLC, but only do this after getting lender approval.Alternative to LLC:Consider an umbrella insurance policy, which can provide additional liability protection without the complexities of an LLC.Tax considerations:Consult with a tax professional about deductions available for rental properties.Be aware of potential capital gains tax implications if you sell the property in the future.Estate planning:Consider setting up a living trust to hold the property.

19 June 2024 | 17 replies
I've noticed you didn't make any assumptions on vacancy or maintenance/repairs.Sure the property might be turnkey, but its real estate and things happen & need ongoing maintenance.