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2 April 2024 | 59 replies
(assuming I still want to buy as is)A sternly worded letter from an attorney advising that the buyer intends to pursue all available remedies (including recovering all costs and expense incurred in enforcing the contract, if it provides for that) tends to help most sellers understand the reality of what they agreed to.If the contract isn’t bulletproof this is when the buyer makes that unfortunate discovery.
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2 April 2024 | 7 replies
Then if the LL agrees to the LOI terms you’d draft the official lease agreement that includes all of those terms for due diligence, feasibility, permitting, construction, rent commencement date, etc.
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1 April 2024 | 2 replies
Includes added features like worry-free compliance and faster processing.Premium Package: $349 per year plus state fees.
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1 April 2024 | 10 replies
It is becoming a lot for the 80-year-old owners who are expecting greater costs in time and dollar (self managed).Is there any creative deal structure that can be used so that I can buy and occupy the home including the assumed improvements, repairs and maintenance, while allowing the seller to preserve the step-up tax shield for their descendants?
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1 April 2024 | 4 replies
I came across this article about the recent Salt Lake City Council budget amendment that includes money for the city to monitor STRs via some type of software.
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1 April 2024 | 2 replies
Be prepared to show stable employment and income history.Developing an Investment Plan:Market Research: Understand the local real estate market, including rental demand, average rents, and property values.
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2 April 2024 | 16 replies
This means that the Spanish government's rental price index will force us to achieve a paltry 2.5% gross return on our premium area apartment.Additionally, the situation with "squatters" (Okupas) is worsening in all areas of Spain, including in areas considered "ultra premium" such as "La Finca" in Pozuelo de Alarcón, where footballers and singers reside (Cristiano Ronaldo lived there when he played for Real Madrid).
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29 March 2024 | 5 replies
A few days after the tenant called and said a lot of items we're missing and will be filing a police report and wants to know the names of all vendors who entered.
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1 April 2024 | 20 replies
You can however as a cash buyer purchase a home near Indianapolis and some of the suburbs of Chicago (which includes Indiana) for $100K and rent them out between $1500 to $2500 per month.
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1 April 2024 | 7 replies
The new mortgage will be larger than your original mortgage since it includes the additional amount you have cashed out.