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12 December 2024 | 17 replies
I did not want to incur the cost but I figured...that maybe....just maybe....sometime in the near future us ADU home owners may be able to rent both units....like a duplex.At that point it will be worth it to let the tenets be responsible for their own bills.Not saying that other ways are bad...they are actually very cost effective if you are living there...but what about as you scale your business and move onto other properties.This of course if your city will allow you to rent both units...the city I am in is tough but things can change as more pressure is being put on affordable housing.Once again...not saying any way is right or wrong...I just did it this way for the reason I just mentioned.Thank you....
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12 December 2024 | 2 replies
Specifically, I’m looking for tips on where to start and how to effectively implement digital solutions in a way that aligns with our needs.I’m also more than happy to share my own expertise in architecture and real estate development, wherever it might be helpful to this community.Thanks!
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13 December 2024 | 13 replies
Let's say you are a dentist or lawyer.
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10 December 2024 | 6 replies
Pre-approval for loans is essential, as is learning landlord-tenant laws to manage effectively.
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15 December 2024 | 19 replies
Im not a lawyer, Id flip that house though. maybe get the priest to come throw some holy water on it.
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9 December 2024 | 2 replies
Probably too small of a sample set here on BP, ask your lawyer or CPA to review
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8 December 2024 | 4 replies
1) I always use zillow to list new properties and use there platform to accept zillow applications2) Doorloop for management that includes accounting, repository for documents like leases, collect rents, tenant communications3) Received lease agreement from a lawyer
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11 December 2024 | 1 reply
Check on ownership status before you get into escrow.Get multiple inspections to be able to really determine the extent of repairs.Try to align yourself with the best contractors, had good referrals, but somehow nobody stood behind their warranties.Have a good lawyer and local accounting firm.Talk to locals to see how things are done and what's happening around you.Have patience!
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17 December 2024 | 16 replies
We have some meetings coming up in a couple days with lawyers and banks so hopefully it goes well.
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10 December 2024 | 2 replies
You said it also effects your income till it's done so that would be another reason not to add another currently