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24 March 2024 | 8 replies
Sourcing and acquiring a sub-to-deal is a full-time gig and challenging to implement in this market.
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23 March 2024 | 8 replies
I intend to gradually develop the park by acquiring used mobile homes for around $10,000 each, relocating them to the site, and performing minor renovations.To make the venture sustainable, I'm considering implementing a rent-to-own model, with the ultimate goal of transitioning to a Tenant Owned Homes (TOHs) setup with $300 lot rent.
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22 March 2024 | 5 replies
Depending on the property itself and strategy you are implementing it may be an up hill battle in these areas.
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21 March 2024 | 2 replies
It can help safeguard your personal assets in the event of a lawsuit or liability claim that exceeds the coverage limits of your primary insurance policies.Tenant Acceptance Policy: Implementing a thorough tenant acceptance policy is crucial for selecting reliable tenants who are likely to pay rent on time, maintain the property, and adhere to lease terms.
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21 March 2024 | 8 replies
Account for future rent increases by implementing value-add strategies and including provisions for annual rent escalations in lease agreements.
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21 March 2024 | 7 replies
That's why you need the HOA, because they implement your private CC&Rs which allow for the greater density...so ANY townhouse/condo you buy you should have anticipated that there were likely some shared services...if there weren't then you wouldn't need the HOA...
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20 March 2024 | 3 replies
That is passive to manage and much less cost to implement.
20 March 2024 | 4 replies
NY is still great but landlords need to:- proceed with caution- read Brandon Turner's books - implement strict requirements and systems for tenant screening and property management
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20 March 2024 | 2 replies
I also implemented a bonus structure this year that is focused on growth of the company.
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20 March 2024 | 23 replies
I'm a local investor and Realtor here in Jax and see numerous successful strategies being implemented.