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29 September 2016 | 5 replies
One piece that might make a difference is if you're paying the utilities (or utils included with rent).
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2 October 2016 | 11 replies
Do a Welcome letter to everyone the day you take over, include who they now make payment to, your contact emergency number, and let them know you look forward to meeting them.As far as leases, you don't want to renew or give everyone same date for renewal, stagger your renewal dates so you won't risk having 3 empty units.
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30 September 2016 | 6 replies
Any reputable broker should be able to get you a sample policy, which will include those forms for your review.
5 October 2016 | 3 replies
This seemed incredibly inefficient and not worth the time so I canned the idea of real estate investing all together - Fast forward to last week when I learned about creative financing to include wrap's, hard money, etc.
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1 October 2016 | 8 replies
You can find all these on meetup.com, including Hobby Millionaire Charlotte, which is the RE meetup in Charlotte with the most members.
30 September 2016 | 5 replies
I am looking at a mobile home park in CT with the following details:- 18 spaces fully rented for $455 / month (received as an HOA - owner does not own the mobile homes but rents the spaces and includes utilities as part of the $455 fee)- Separate unit on the property:- 3 offices rent for $400 each / month (currently rented)- 1 apt bedroom for $800 / month (currently rented)- A storgage shed that gets $1400 a yearTotal Annual Income = $122,400Total Annual Expenses = $92,701They are asking $1.2M for this property, and I am new to this type of investment.
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1 October 2016 | 10 replies
New additions include searching for Seniors (in Tx that means, at least for OWNER OCCUPIED houses that the person has an OVER 65 EXEMPTION).
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29 September 2016 | 0 replies
This also doesn't include my future-wife's income or financial assistance family members have suggested they'll offer.
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1 October 2016 | 12 replies
I would recommend the podcasts, they include great real world experiences and a ton of references to books, blogs, articles, forum sections and other podcasts.
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30 September 2016 | 15 replies
I'll see if I can get the house for less than $120k (including repairs), and finding a tenant won't be hard.