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26 May 2024 | 12 replies
Yes, I’m interested in joining and have a coaching session with potential mentor coming up here soon but I’m a bit hesitant due to the price and promised return of investment.
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26 May 2024 | 3 replies
When a tenant moves out, transfer the deposit back to Checking so it's ready to apply towards expenses or refund the Tenant.If you end up with excess funds in the Checking account, I recommend you transfer it to a third account designated explicitly for future investments.
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26 May 2024 | 16 replies
@John Geldert Thanks for the tips, and the potential leads with a local broker/pm team.
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26 May 2024 | 40 replies
Yeah my thoughts are that why not take care of these potential problems before a tenant is in there.
27 May 2024 | 14 replies
When buying, you should have a good idea of the condition of the home and what major expenses are expected in the near future (eg roof, HVAC).
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26 May 2024 | 27 replies
I have never heard of the title company taking payment from the actual credit card but I don't know everything :) The problem with the "cash advance" feature of the card is that this limit is generally capped at a much lower amount than the actual credit limit thus limiting your full potential to cash.
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25 May 2024 | 17 replies
For future reference, the concept of waiver could include any lease violation, such as unauthorized pets at the property.
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26 May 2024 | 2 replies
View the CA Probate Code link for a better understanding: https://leginfo.legislature.ca.gov/faces/codes_displaySectio....Yes you can purchase any probate property (to my understanding) without the confirmation process.Just remember that the nominated Executor in the will would have to possess Letters Testamentary.If there is no will then the Administrator would posses Letters of Administration.For free probate leads this is he webpage I use for N CA (certain counties) and can also be used for Arizona (Maricopa County only) https://www.legaladstore.com/frmMain.cfm or find potential probate leads from this publication: https://www.recordreporter.com/rrhome.cfm?
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25 May 2024 | 1 reply
In future if I decided to build and convert both lots to one apartment building should I convert 2 parcels to 1 parcel?
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25 May 2024 | 2 replies
The loan cannot be assumed, but I am looking for any creative way to inherit that low monthly payment and allow for even greater cash flow in the future.