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2 May 2019 | 10 replies
In California, it is usually standard to have specific language regarding smoke detectors due to recent legislation requiring property owners of any rental to install, maintain and test smoke alarms.Basically, smoke detectors must be operational when a tenancy is created.
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4 May 2019 | 142 replies
I don't discriminate, I screen the animal, require registration - which implies current vaccinations or titer testing, spay/neuter, and I get a sense for the temperament.
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2 May 2019 | 7 replies
The tenant may be testing you to see what they can get away with, and it is far better to start out on solid footing, as opposed to letting things get awkward because the tenant is trying to take advantage of you.
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2 May 2019 | 8 replies
Also, stress test the deals more than you might have a few years ago with different scenarios to see if the deal is still a deal.
2 May 2019 | 2 replies
I run the numbers and make offers quickly to test for responses like this.
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27 May 2019 | 28 replies
@Ryan Fox With all properties prior to purchase you do inspections and test mechanical.
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17 May 2019 | 28 replies
I ended up with this instead of a flipper because the profit margin is very slim and it's the type of property that really only makes financial sense if you plan on living in it to eliminate your rent.
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2 May 2019 | 0 replies
I ended up with this instead of a flipper because the profit margin is very slim and it really only makes sense if you live in it.
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3 May 2019 | 6 replies
Here's what we've thought of doing (not real estate related though): Raising small-medium livestock, farming herbs and veggies, building a grow house to farm year round, growing microgreens (currently testing), raising chickens (currently doing), starting a u-pick farm (currently considering), building the property out for farm/homestead tours (this is coordinated year round by our county)...Obviously none of these are real estate related, but just ways we though to utilize the land.
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3 May 2019 | 5 replies
The stress test had made things very difficult to get money even something as simple as a HELOC.