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20 October 2020 | 9 replies
You pay them the service fee and they will connect you with a local specialist that will fix whatever is broken (as long as its covered under the contract)-If the repair involves work not covered by your policy, then you will have to pay out of pocket directly to the contractor for extra.For me, as a first time home buyer of a duplex house hack, the seller offered a free home warranty as an incentive when purchasing the home.
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20 October 2020 | 8 replies
We have learned the length of the lease has no bearing on how long a tenant stays.
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23 October 2020 | 13 replies
If you need to drill out the locks to enter you have that right as long as you provide the tenants with a key - which is not ideal when they are in the process of being evicted.
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19 October 2020 | 7 replies
You will be able to leverage your cash better house hacking as long as the deal is right.
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21 October 2020 | 3 replies
@John Jeffrey - - I work with @Steven Hamilton II who is up on the far north side.You don't need to be super close to your accountant as long as he's a rock star like Steven is.Just remember, you get what you pay for with accountants and attorneys.
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20 October 2020 | 16 replies
That's just the employee side.It is interesting since assuming if you could pay yourself a salary, you wouldn't be paying additional FICA since you'd be maxed out by your day job (as long as you don't get fired or leave you wouldn't have to worry about the estimated tax for the FICA, in my opinion, since you know you will be covered).
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28 October 2020 | 3 replies
You can definitely find a 10% loan with your score and working capital as long as your debt-to-income ratio can handle it.
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20 October 2020 | 8 replies
The seller has at least 50 properties and as long as the down payments are strong enough we are working everything off-market through a title company.
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20 October 2020 | 3 replies
Hi Group, quick question.. when you are shopping rental properties, do you really care about the age of the house as long as it gives good cashflow/yield ?
22 October 2020 | 7 replies
For the most part we’re doing ok with with rent collection and are not strictly enforcing late payments as long as the tenants are communicating with us their unique situation and also what their plan is to obtain this months rent before next is due.