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15 November 2024 | 4 replies
As long as there wasn't a lien recorded on the physical title itself then there wasn't an issue.
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16 November 2024 | 2 replies
Our counsel previously advised we are legally entitled to a greater amount including all lost rent until the home was re-signed, cost of lock-out, cost to clean up house, physical damage, ect.For context, this is a solid house in a decent neighborhood and we never had prior issues with the tenant.
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20 November 2024 | 9 replies
If you decide they're not a good fit, then vacate them and release with new tenants that you actually correctly screen and lease to.
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13 November 2024 | 6 replies
We have worked on improving the physical appearance and infrastructure of the park, updating the homes, getting a new sign, advertising it online, and creating a website (www.shadyacreshuntington.com).
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20 November 2024 | 13 replies
I just write the property address on the receipt.I couldn't fit a different credit card for each property in my wallet.
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25 November 2024 | 14 replies
Make sure you’re clear on how financing works and what your monthly payments will look like.Property Condition: Assess the age of the property, maintenance history, and any potential repairs or upgrades that might be needed.Due Diligence: Work with professionals, like a home inspector and a trusted real estate agent, to ensure the property is sound and fits your investment goals.Analyze the Neighborhood: The location can make or break your investment.
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20 November 2024 | 14 replies
Something else to consider is that once these properties are paid off, you could cross collateralize to purchase additional properties that fit your buy box so that you may not need to bring cash to the table for a down payment.
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16 November 2024 | 6 replies
I tend to write off physical expenses to the building and do not write off expenses associated with personal effects.
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21 November 2024 | 21 replies
The tenants just moved in, and they're responsible for their own washer install, but their installer refused because the drain pan was slightly the wrong fit.
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19 November 2024 | 8 replies
@Heidi Fahringer wasted time doing several calls and then a meeting with a CPA and then got shocked with their proposed fee.After even more wasted time trying to find out from them why the fee was 10x what I had been paying - a lightbulb in my head finally lit up and I asked the revealing question and found they had a minimum charge.Obviously, we were not a fit.