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24 February 2021 | 64 replies
The rest of the property is under a portfolio loan with a local bank at 4.5% 20 year am with 25% down.The main home has an attached MIL Suite, that I will occupy.
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29 November 2020 | 69 replies
I'd agree with a lot of the above posts as well but would sum it all up with this: Rent- study the local area rents and price according to your finish, location, terms and competitionTerm- go with a lease term that suits your business plan but consider the tenants' demographic as well (professional looking for short lease, family looking for long lease, college kids looking for the rest of the term...)Qualifications- I look at WHY credit is bad and use that more than the number.
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29 November 2020 | 5 replies
You can get up early, you can network, you can look at Instagram.
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29 November 2020 | 3 replies
Or would she be better suited to more passive options like syndications?
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29 November 2020 | 1 reply
I see myself as just a man who is trying to survive and create a better life for my family despite having limited resources.I post my day to day routines and business operations on my instagram so my audience can learn with me as we go through the ups and downs of real estate investing.
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18 February 2021 | 21 replies
And while they do offer a suite of services for their licensees, they left a big wake behind and are cutting back on a lot of things now.
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6 December 2020 | 11 replies
Having said that you can buy a duplex and live in half and rent the other half or buy a house with a self contained suite-usually a basement suite.
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1 December 2020 | 17 replies
In the event terms are not met, the buyers have no right to ownership of the property.This is usually more suited to multi-family than individual homes where a lot more money is involved in the transaction and the seller typically does not need a lump sum of money right away.
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4 December 2020 | 30 replies
Today the issue may be for what they perceive as legit repair requests, but tomorrow it could be because they believe you are charging too much, which they mention is an issue.After the repairs and animal issues are dealt with I would just be honest with them and explain they seem unhappy with the house and amount of rent they are paying so that you feel it would be better if they move on to somewhere that better suits their needs.
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3 December 2020 | 14 replies
The Fair Housing investigator kept the suit open for more than 6 months, while asking the tenant what she wanted from us.