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26 August 2024 | 14 replies
You can let them know well in advance rent would go up to $X or simply ask to have the unit vacant at closing as it will be close to the end of their lease.
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24 August 2024 | 11 replies
Here are pockets I focus on for cash flow:West side - West boulevard, Cudell, Clark-Fulton, Jefferson, Bellaire-Puritas, Old BrooklynEast side - Fairfax, Buckeye-Shaker (the north side), Waterloo Arts District, Garfield Heights, Maple Heights, Newburgh Heights, Lee-Miles (the north side), BedfordHere are the areas that I focus on for appreciation:West side - Lakewood, Edgewater, Old Brooklyn, Ohio City, Tremont (above 490)East side - Buckeye-Shaker (the north side), Waterloo Arts District, Fairfax*I have a graded neighborhood map of these areas as well if you would like to check it out.
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26 August 2024 | 24 replies
I may not be well-versed in Michigan's laws, but if the lease you both signed contains that language, then you are bound to adhere to it.
30 August 2024 | 13 replies
Maybe my expectations are too high due to the quality of my property manager.Do you agree that a PM should be proactively pointing out future maintenance issues, or am I expecting too much as well?
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28 August 2024 | 2 replies
It turn out well?
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25 August 2024 | 21 replies
I'm curious as well, Ryan.
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28 August 2024 | 5 replies
Well done on a successful deal.
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30 August 2024 | 7 replies
And you mentioned it's zoned residential, well a camp site is not a residential use, so now we have zoning to get through for use variance maybe.
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29 August 2024 | 4 replies
That said, long-term the appreciation you get in the Puget Sound region is superior to many other markets, so assuming you find an excellent property management company that is able to screen tenants and only put in very well qualified, vetted occupants and you experience limited issues over the holding period, you'd likely come out ahead retaining the Mill Creek property if your financially able to do so and still buy wherever you are headed out of state.
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26 August 2024 | 9 replies
Otherwise the background check features, having a pre-set but editable application, direct deposit, rent reminders to my tenants, and automatically adds late payment fees (should that be needed).