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29 July 2024 | 9 replies
What do you folks use as online method (i.e Zillow payments )for rent payment which is free for tenants and no cost to me also.
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30 July 2024 | 3 replies
Aside from the cash-refinance cost itself)3) Does this mean the new mortgage (30-year conventional for the apartments) be based on the $1.8M with new interest rate (at the time), etc.?
29 July 2024 | 6 replies
I understand that the majority of the risk in Section 8 is from tenants damaging the property, therefore depreciating the asset over time and leading to high maintenance costs.
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29 July 2024 | 8 replies
Converting the sunroom into a bedroom would cost 4k-5k.
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28 July 2024 | 0 replies
In a pessimistic scenario, rent growth could slow to 0.0% in 2024 and potentially turn negative in 2025.
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29 July 2024 | 19 replies
Protect any current investors at all costs.
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27 July 2024 | 16 replies
The other option, however, is that I can live more or less for free for the rest of the year between a few family members and friends and save that bit of extra cash towards the purchase.The extra cash could either help me jump on a deal sooner or it could be a buffer/money for potential renovation when I move in.
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28 July 2024 | 7 replies
Leasing Management Program Overview The Leasing Management Program will involve the following activities: • Annual review of all units via the tax assessor database to identify potential "hidden" leasing situations. • Creation and maintenance of a list of all units/owners approved for leasing. • Creation and maintenance of a leasing waiting list for homeowners requesting to lease their units. • Creation and maintenance of a list of tenants' names and contact information. • Inclusion of tenants in the association website with "renter" level access. • Inclusion of tenants in the violation system, including sending notices to them when needed. • Regular monitoring of approved leases to ensure proper actions are taken at the leasing expiration and renewal dates. • Preparation of quarterly reports for the Board of Directors outlining the current status of the leasing program. • Coordination with the Association attorney as needed for enforcement of the leasing provisions. • Assessment and collection of costs for this program from the leased units by the authority of the Community Covenants, Conditions, and Restrictions (CCRs), $150/year.
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29 July 2024 | 4 replies
The average single-family home may cost $10,000 and that's a new install.
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29 July 2024 | 11 replies
One of my properties cost me a little more, but the other two were less than what I was paying with foremost insurance.