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10 July 2024 | 10 replies
My lawyer advise I claim it owner occupied and to sleep there once a week and give them thirty days.
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10 July 2024 | 1 reply
I did all the custom work I wanted for my family without the forethought of selling until that day had to come.
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10 July 2024 | 2 replies
I still have many years before I can retire and withdraw penalty free, but I was investigating and saw I’m able to take out a loan against my savings and could use it for a home purchase.This gives me a bit a cash to play with but wanted to check if others have considered the same?
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8 July 2024 | 0 replies
I woke up one day and realized I needed to run all my deals in the same way a hotel manages all their properties.
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10 July 2024 | 3 replies
The WLB lease (unless you use an ancient version) states that if nothing is done it defaults to a month to month.You can send them a Notice of rent increase (which you can get from WLB as well) sign an new lease, or do nothing and go mtm.I find that a 60 day notice from the tenant is not very helpful, most owners don't start showings until after the unit is vacant, so what's the point?
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10 July 2024 | 6 replies
I love that you rented two of your bedrooms as mid term and short term rentals and made enough to pay for the mortgage and now you are going to use the rental income to show you can qualify for another property.This is an excellent strategy and one more people should consider doing in this inflationary environment to offset the biggest cost in their budget--housing.As you rightly point out, you can use this strategy with every house you buy accumulating a portfolio of houses that you originally started out living in as a primary residence every two years.Well done and more people should consider doing the same, or rent their garage, or shed, or a boat, or an extra car.Love it!
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9 July 2024 | 21 replies
We gave a demand for rent & eviction notice about 15 days ago, but they’re already moved out.
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8 July 2024 | 14 replies
All are priced about the same but there are some cheaper options like rentmanager, promas, or doorloop.
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11 July 2024 | 24 replies
Just be sure to ask WHAT HAPPENS IF PROPERTY VACANT FOR MORE THAN 30 DAYS!
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10 July 2024 | 6 replies
"OK" leads, but it is expensive.Cold calling gets you crap leads, takes a ton of work, but it is cheap.Driving for dollars is the same as cold calling.Cold calling and driving for dollars CERTAINLY are not the best ways to generate leads by any means.