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28 May 2024 | 3 replies
You can list your property at the local Housing Authority and I think some have an online database of rentals, but we've never used that.
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27 May 2024 | 3 replies
Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.
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29 May 2024 | 3 replies
The Buyer agrees to use commercially reasonable efforts to secure such financing within [Number] days following the execution of the PSA.Closing DateThe closing of the transaction (the "Closing") shall occur on or before [Proposed Closing Date], or such other date as may be mutually agreed upon by the parties in writing, subject to the satisfaction of all conditions precedent set forth in the PSA.Condition of TitleThe Seller shall convey to the Buyer good and marketable fee simple title to the Property by warranty deed, free and clear of all liens, encumbrances, leases, tenancies, easements, restrictions, and other exceptions to title, except as may be expressly approved by the Buyer in writing.Property DocumentationThe Seller shall deliver to the Buyer, within [Number] days of the execution of the PSA, all documents and information relating to the Property in the Seller's possession or control, including but not limited to, title reports, surveys, environmental reports, leases, service contracts, permits, and warranties.Non-Binding NatureThis LOI is intended solely as an expression of the mutual intent of the parties with respect to the proposed transaction and does not constitute a binding agreement, except with respect to Section 9 below.
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28 May 2024 | 7 replies
When conducting research on Tucson as an investor from out of state, pay attention to certain industries that are driving job development, local market statistics, property managers' insights, and online investment forums to obtain a deeper understanding than just surface-level facts.
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29 May 2024 | 26 replies
For as long as I can snag deals like this - https://www.biggerpockets.com/forums/52/topics/1193019-says-...And I know that you guys have similar numbers in Detroit, I couldn't care less about the "keyboard cowboy" data.Virtual $ex with Jenna (Old Playstation game and sorry ladies) is different to real life.Same as the online stats, demographics and data...They don't/can't show the real life micro economic data of tertiary cities.Well, they can but they aren't accurate just like Zillow isn't in my market.Micro is very different to MacroJust my 2 Aussie centsPeace, I'm out 🤠
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29 May 2024 | 3 replies
Feel free to reach out directly with any questions.
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29 May 2024 | 2 replies
The 1031 exchange is only for investment property to investment property.In your mom's case, she probably qualifies for the primary residence exemption and the first $250K of profit in her sale would be tax free.
30 May 2024 | 25 replies
Feel free to shoot me some specific questions if you want some help.
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29 May 2024 | 8 replies
Feel free to reach out if you want to discuss in more depth!
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29 May 2024 | 3 replies
Feel free to reach out with any questions.