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25 February 2024 | 13 replies
Context: I am just starting out as a newbie investor and landlord after many years of hesitation.
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25 February 2024 | 2 replies
You are among the minority of Landlords that knows about the Adverse Action Letter.
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25 February 2024 | 7 replies
Your local PHA may also have resources to help match landlords with eligible tenants.The PHA must approve the lease agreement, ensuring it complies with Section 8 rules and rent limits.Pros:Guaranteed Rent Payments (sometimes even 100% based on certain tenant criteria)High demand for Section 8 rentals, which can reduce vacancy periods.Many Section 8 tenants prefer to stay long-term, reducing turnover rates.Cons:Properties must meet and maintain HUD's health and safety standards, which can involve additional maintenance and inspection requirements.The PHA limits how much rent you can charge, which may be lower than the market rate in some areas.Tenants must qualify for Section 8 based on income level and other factors, which may limit the pool of potential renters.Dealing with government agencies can sometimes be time-consuming and bureaucratic.In summary, converting your home into a Section 8 rental can be a good strategy for attracting and maintaining long-term tenants due to the stability and reliability of government-backed rent payments.
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25 February 2024 | 2 replies
Is there a way for a small landlord - 20 units, to report late rents to the major credit bureaus?
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23 February 2024 | 1 reply
Greeting Experts, I will not take what is said here as legal advice ...I am looking at a mixed use property having residential units and commercial it is being offered to me on land contract, wondering if I can take equitable title, and later complete a 1031 exchange and get Legal title?
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26 February 2024 | 11 replies
If you're seriously considering investing there, I assume you've already been there so you've been landing at Cancun airport and got a ride on the nice highway to Tulum.
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24 February 2024 | 10 replies
I am developing my first vacant pieces of land to accommodate 29 Townhomes/Condos/SFA residences.
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26 February 2024 | 58 replies
Buy a vacant piece of land close by and offer to store his stuff for free until the house sells.
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26 February 2024 | 4 replies
If WANT to get into trying to be a landlord, this MIGHT be an opportunity.
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23 February 2024 | 13 replies
I am trying to understand land contracts and how they work.