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15 July 2024 | 12 replies
Luckily its only a mile away and a short drive with no street lights or traffic.
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16 July 2024 | 8 replies
Context:*For my business - I had initially setup a profit-first system w/ multiple bank accounts at my local credit union*For the properties under management - I setup two trust accounts (rents and deposits) with Chase.
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18 July 2024 | 31 replies
Seems like they will, but no one knows by how much nor what exact impact this will have.My plan is: buy real estate
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18 July 2024 | 4 replies
No wonder why he's disgraced.
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18 July 2024 | 3 replies
Here’s a quick breakdown of your options:Option 1: Sell and Buy Cheaper House with CashPros: No mortgage, no interest payments.Cons: Older homes, more repairs, possibly worse neighborhoods.Option 2:Use Proceeds as Down Payment on Better HousePros: Newer, fewer repairs, better neighborhoods.Cons: High mortgage interest rates, higher monthly payments.Option 3: Refinance and Rent Out Mobile HomePros: Rental income, keep property, can still buy another home.Cons:Landlord responsibilities, high refinance interest rates, market fluctuations.Consider market trends, rental demand, and your financial goals.
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18 July 2024 | 3 replies
Currently, I have an LLC but no insurance.
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19 July 2024 | 6 replies
This amount is expected to be paid 1/2 upon Lease Execution and 1/2 upon Tenant opening for business so generally speaking, the entire expense would be incurred within the first 12 months of the Lease term and is not something that is paid out over time as the tenant pays rent.While this is by no means intended to be an exhaustive list of all things Triple Net, I hope it helps someone looking to get into the space for the first time and maybe save one of you from making a terrible mistake.
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19 July 2024 | 6 replies
I would say NO, not with your house and not in Castle Hills.
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16 July 2024 | 3 replies
Imagine if there was damage when a tenant left exceeding the deposit.
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19 July 2024 | 6 replies
I'd suggest looking for one with low-no fees as you're getting started out.