12 December 2024 | 2 replies
Did you only remove the drywall and flooring and not do any testing?
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20 December 2024 | 4 replies
It will also require extensive networking to raise funds from other, legally, to buy at scale.Recommend your plan be more realistic with a goal of 10 years for your real estate to be generating enough cash to live off - and even that may be a bit optimistic.How to grow?
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27 December 2024 | 34 replies
Raise the vanities off the flooring, etc.
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16 December 2024 | 3 replies
Now you just need to raise funds to buy more of them.
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15 December 2024 | 2 replies
I was drawn to this investment mainly to test out the new padsplit model.
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19 December 2024 | 22 replies
So, a $2,000 deposit could cost you $6,000 in court.Waive the deposit and raise the rent to make up for it.Back in the 90s we had a 9 plex in Cahokia, IL.
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14 December 2024 | 6 replies
However if you plan on buying 3-4units, there is a trigger rule for FHA, it is called the self sufficiency test.
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16 December 2024 | 19 replies
Landlords can enter a tenant's property for a variety of reasons, including: Making repairs or replacements Responding to a tenant's request Removing unauthorized window coverings Preventing waste of utilities Changing filters, testing, or replacing smoke detector batteries Inspections Helping with an emergency inside the unit Posting a notice of eviction"Research your state laws because some of your comments indicate a lack of understanding of the landlord/tenant laws where you are operating (like threatening the tenants to keep the security deposit if they don't respond to you, I doubt that is actually a valid reason to keep their deposit, or evicting for late payments, or charging the tenants for your warranty repairs because you missed your 11 month inspection window which was your responsibility, and it looks like your lease says you can charge up to 18% interest for unpaid fees, is that actually legal?).
16 December 2024 | 20 replies
Let the tenants know you are doing this, so they can hopefully not use water while you're testing things.
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11 December 2024 | 6 replies
Awesome to hear you have a specific date picked out to take the test!