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21 August 2024 | 6 replies
You'll want to understand what kind or notices and documents you need to get executed to either up their rent or turn the unit.Solid long term tenants are worth their weight in gold in my book so if theres a way to up the rent and keep them happy I's say thats the best route personally.
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22 August 2024 | 53 replies
And I am fine with both long term and short term rentals.
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23 August 2024 | 6 replies
So you would have to get a commercial loan if going straight to the LLC - which usually has worse terms (shorter rate lock period, shorter amortization schedule).USUALLY, you can borrow personally and then deed it to the LLC after the fact and as long as the LLC is owned by the borrower you won’t trigger a due on sales clause.
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22 August 2024 | 1 reply
When was your last flip and what is the market like recently?
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24 August 2024 | 12 replies
I'd also say it's not a problem to work with listing agents directly, as long as you know what you are doing - knowing the value well, having a good idea of the rent and class of neighborhood, etc.
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24 August 2024 | 6 replies
Or maybe the husband and wife check out, but they have a 20 yr old son who lives with them who has a crime sheet a mile long?
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24 August 2024 | 10 replies
would love to help, we are doing long-term rentals in southern DFW and have seen a lot of success - we now have over 150 units.
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22 August 2024 | 0 replies
Sales are up by 10.8% compared to last year, with 1,008 homes sold in July 2024.
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21 August 2024 | 9 replies
The only time we use ceramic tile is for showers with a window, where we can't use a surround, and then I will still use LVT for the bathroom floor.However, because we cater to families with kids, our winters are long and to avoid cabin fever we usually have a finished basement and carpet is the way to go.
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23 August 2024 | 3 replies
@Christian LicataRenting property provides steady passive income, long-term wealth building, and tax advantages, but may be low initially due to mortgage payments and maintenance.