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14 January 2025 | 1 reply
And because I'm looking for a long term finance situation, I'm not looking for a loan that is going to have a really high interest rate, with hopes of refinancing later.
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17 January 2025 | 11 replies
In your situation there is actually another factor that may work in your favor.Only the proceeds allocated to the sale of the building can be used in a 1031exchange.
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3 January 2025 | 8 replies
.- Tenant submitted a work order for low water pressure in 2 bathrooms- Tenant submitted a work order because the garage door doesn't close all the way and left a 2-3 inch gap at the bottom- Owner initially refused to address either work order- Owner demanding the tenants place furniture pads on each piece of furniture- Owner calling multiple times to speak through the work orders, asking when they've been scheduled, calling a couple days later requesting the invoices- Owner calling because they want to access their storage in the basement so they can remove several pieces of furniture being stored- Owner now emailing requesting multiple property inspections throughout the lease cycle- Owner questioning my experience and relative PM knowledge because I'm not following up with her in a timely manner (the following day after the work order)Keep in mind, this is 2 weeks after the tenants had moved in and the tenants are very happy in the home.This is something we see on a regular basis.
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29 January 2025 | 23 replies
Your ultimate goal is to create a “Win-Win” Situation, for you and the seller.
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12 January 2025 | 2 replies
DOM nationwide isn't really terribly useful; in extreme situations we will already know the national economic situation.
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14 January 2025 | 9 replies
If a landlord plans to hold the property for a while, we always recommend an annual lease, ending to align with the summer leading lesson, or staggered with their other leases depending on the situation.
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17 January 2025 | 6 replies
Dealing with warranty service is a pain in any situation but when you also have to deal with a tenant on top its even worse.
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25 January 2025 | 24 replies
We are targeting a 'house hack' situation where 50% of the units would be rentals, and above 50% would be our own 3LDK for family home...
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14 January 2025 | 2 replies
We're often helping each other problem solve our listings or helping with specific situations that are occurring at our properties.
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14 January 2025 | 2 replies
Basically they'll come up with reasons as to why the "guarantee" doesn't apply to your situation.