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20 August 2024 | 5 replies
Also consider joining SWLA which is run by Jon Frickensmith--in my experience, it's a fantastic resource for Kenosha/Racine landlords and when you need contractors, you can ask the group of members who I found to be all active landlords in the area.
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20 August 2024 | 15 replies
I'd be curious as to what you might find by digging around.
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19 August 2024 | 13 replies
@Ben StanleyI would assume you get zero revenue from anyone else and be able to afford the home yourself by getting qualified at a local lenderIf you are solely relying on someone else as well without a reserve your level of risk just increased significantly
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19 August 2024 | 0 replies
For a more in-depth view of the Las Vegas investment market, DM me for a link to our blog site which contains more information on investing in general and investing in Las Vegas in particular.Before I continue, note that the charts only include properties that match the following profile, unless otherwise noted.Type: Single-familyConfiguration: 1,000 SF to 3,000 SF, 2+ bedrooms, 2+ baths, 2+ garage, minimum lot size is 3,000 SF.Price range: $320,000 to $475,000Location: All zip codes marked in green below have one or more of our client’s investment properties.What we are seeing:The chart below is from the MLS and includes all property types and price ranges.We're observing the typical seasonal slowdown in prices and inventory that starts in July because fewer people are buying properties and moving as school resumes in mid-August.Rental Market TrendsThe charts below are only relevant to the property profile that we target.Rentals - Median $/SF by MonthRents had a slight drop MoM ($1.19/SF vs $1.20/SF).
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20 August 2024 | 21 replies
Start by reminding everyone of the terms of the lease specifically parking and guests.
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20 August 2024 | 2 replies
I'm not an Attorney but you could set up an LLC (Parent Company) that is owned 50/50 by each of your own respective LLCs (You own 100%).
21 August 2024 | 6 replies
If so, make sure agreement is in writing, signed by both parties, specifies new end date and ensures any existing security deposit will still be dealt with properly per landlord/tenant laws, and I'd also ask for a partial payment to be issued at signing to make obtaining his new place easier.
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20 August 2024 | 6 replies
Can you clarify what you mean by the back end financials?
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19 August 2024 | 9 replies
Let me know if you need me to run by the property and get you a video of the site.
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20 August 2024 | 4 replies
They advised they were given a great opportunity that they could not pass up in Las Vegas and want to be out by September 1st.