
1 October 2024 | 1 reply
Long-term rentals typically derive at least 80% of their gross rental income from residential dwelling units.
1 October 2024 | 4 replies
Consider having a nice cook out at the property (like a house warming party in a sense - try to get all neighbors to come to it so you can get to know them and they can get to know you.

30 September 2024 | 8 replies
I only have 7 months of data, but other hosts say Padsplit tries to at least keep everyone as close to 80% as possible.

1 October 2024 | 5 replies
They can ask you to serve notice so one unit (or both) are vacant at the time of possession, but if you agree to that make sure you have a large deposit and some of that is not refundable if the buyer backs out as you will need it to cover the lost rent.

1 October 2024 | 10 replies
Also, look at neighboring properties that have recently sold within the last 2 years near the purchase price and what their property taxes are.Good luck!

30 September 2024 | 7 replies
At least mix units and small apartments.

30 September 2024 | 13 replies
The property sold at tax sale for $100,000.

23 September 2024 | 4 replies
By using borrowed money first, you free future you to have the option to use the annuities for your next purchase.Lastly, if a bank is willing to consider loaning you money, with your age/job history, at even a slight reasonable rate, pounce on it.
30 September 2024 | 6 replies
We purchased the property for $793,000 in 2020 for cash, and then financed a mortgage for building the second house later that year for $450,000 at 3% on a 30 year.The property is worth about $1.8m now, with a mortgage balance of $420,000.

30 September 2024 | 16 replies
There are @ hundred registered bidders at the auctions, but most of them are too scared to put in even the minimum bid.