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8 January 2025 | 5 replies
This happens 100% of the time a squatter presents a fake lease, deed or bill of sale.2) It takes several hours, if not days, and multiple calls for the police to show up.3) Even when they do show up and remove the squatters, the squatters sometimes break back in the same night.
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22 January 2025 | 31 replies
Will they "check themselves" from bad behavior when they see a professional company with professional services, legally reviewed lease, etc. managing their day-to-day?
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6 January 2025 | 3 replies
New tenant must go through complete vetting, sign the lease, pay security deposit and rent, and move in, prior to the referring tenant getting their $100.
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9 January 2025 | 9 replies
Why not joint venture with someone who has money, fix & flip itWhy not rent it out for at least the monthly carrying costs.Why not sell it on a lease option, get 10% cash up front to fund school?
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6 January 2025 | 5 replies
Any luck on motivating realtors in the area to actually get operating expenses/lease agreements for Jackson County specifically George?
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12 January 2025 | 13 replies
Alternatively, your sibling might use a 1031 exchange to defer taxes by reinvesting in like-kind properties, though this doesn't directly fund a primary residence.Other ideas include leveraging a HELOC on the rental properties for the down payment, taking out a 401(k) loan, structuring an owner-financed agreement, or a lease-to-own arrangement.
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3 January 2025 | 12 replies
If it's not a holiday, I would say, "No, the deposit remains in place until your lease ends."
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6 January 2025 | 2 replies
Due to the nature of the shorter lease terms, I am spending an excessive amount of time updating my Excel spreadsheet, MLS, business website, Airbnb, VRBO, and other platforms.
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19 January 2025 | 18 replies
Be prepared to show a lease, some utility bill, or credit card statement showing you live somewhere else.
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6 January 2025 | 31 replies
Once a tenant is in and they sign a year lease, there’s not too much to worry about aside from the occasional fix here and there.