
11 May 2019 | 38 replies
For example, if they continue MTM, rent goes up by $25, but if they sign a one or two year lease rent will be held flat.

10 May 2019 | 11 replies
Recently there was a blog post about the negatives of being an agent and an investor, personally I didn't think the article held water so I promptly ignored it.

9 May 2019 | 1 reply
I bought and held a duplex for 2 years and cashed out because the market increased to the point where I made a good profit.

10 May 2019 | 13 replies
It starts with a self-directed IRA held by a custodian, but the IRA simply makes one investment into a specially designed LLC entity.

13 May 2019 | 106 replies
There is a well document syndrome in the medical journals called " Burnt out landlord Syndrome" :) and believe me its real.there is no doubt a personality type that does best at being a landlord.. and it really depends also to some extent on the asset class.but on the high end stuff when I had rentals I had 14 SFRs that were new construction that I held all 200 to 250k homes.. and those tenants while fully qualified and never missed rent and did not destroy the house's.. they were on the other end.IE I want to up grade my appliances to stainless.. or can you please replace the tile counter tops which were standard in the day with slab granite..

10 May 2019 | 28 replies
If you are his employee, he is responsible but as a contract worker, you could be held liable for an accident.Run all the numbers.

20 May 2019 | 11 replies
Also I was told that this type of loan (depending on how stringent the lending institution is) can only be held in your name.I went ahead and applied anyway and I have been accepted for one through Loan Depot so I'm still looking into alternative sources of financing because the more options the better.

13 May 2019 | 5 replies
So if you held the land for less than a year and decide to sell it now, obviously as you'll be taxed at your ordinary income tax rate which can be quite painful for W-2 employee especially in a higher tax bracket.

18 May 2019 | 8 replies
HML loans me $90K for purchase and $30K for rehab (rehab held in escrow).

15 May 2019 | 27 replies
The contract does not specify any remedies for non-performance, (I read it very carefully), and when I brought that up with the builder, they reluctantly said they will add the language below:"If Seller shall be in default under this Agreement, all deposits held by Seller shall be returned to Purchase as liquidated damages"HOWEVER, the contract doesn't even define "seller default" within the contract itself.