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14 February 2025 | 21 replies
They get hail storms there.No cap ex or anticipated cap ex.Rent is slightly lower than market because I have long-term, excellent tenants.The Dallas area is still growing, so selling is probably something I'd regret.Been renting the house since 2011, when I bought it.
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12 February 2025 | 6 replies
Mobile homes can depreciate in value over time (unlike land, which generally appreciates), so you’ll want to weigh the long-term returns.
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6 February 2025 | 3 replies
Maintenance and potential repairs will also require a long-term financial plan and setting aside a contingency fund for such expenses.The steady cash flow, appreciation over time, and tax benefits can make a meaningful difference to your wealth in the long term, especially with the principal paydown on the mortgage.However, if managing the property from a distance feels too burdensome, or if you’d prefer the certainty and flexibility that comes with having less debt (especially given the high mortgage rates), selling and using the $100,000 in equity to reduce your loan for your next home may be the smarter move.
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1 February 2025 | 23 replies
You can tell the tenant that they can ignore the notice as long as they follow through on paying.As the landlord you want to maintain control of the situation - not allow the tenant to do so.
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16 February 2025 | 20 replies
Your lease purchase arrangement would be good as long as the senior or their family have enough money for assisted living care until you execute the purchase.
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4 February 2025 | 10 replies
I'll be looking for long term rentals that don't need any major repairs initially.
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11 February 2025 | 5 replies
Also, stay away from Insula Capital AKA Atlantic Capital Holdings out of New York (Long Island) I didn't lose $200,000 but lost $10,000 plus on a deal they gave us a funding letter for $300,000 cash for a flip we were purchasing.
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19 February 2025 | 9 replies
You can call the permitting office or a structural engineer you might use and ask them how long permits usually take.
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18 February 2025 | 4 replies
@Francisco Milan how long have you been using listing signs or approx. how many listings have you had?
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16 February 2025 | 9 replies
thanksRyan @Ryan RuppertShopify is a great platform for e-commerce, but it might not be the best fit for managing STRs in the long term.