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2 August 2021 | 22 replies
Again, really appreciate your engagement in the discussion!
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2 July 2021 | 7 replies
I'm currently engaged and have 2 boys ages 10 and 4.
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7 July 2021 | 8 replies
Wiedenmayer as I mentioned before, I'm not an attorney, but what you described does sound excessive.As a reasonable (non-attorney) person, I would "assume" that, failing to give 3 months notice, you would be responsible for 3 months rent to cover the period you should have given notice for, which could actually be less if the landlord rents it out sooner than 3 months (which, in this rental environment, I honestly think is more likely than not).There's an additional possible wrinkle that if you originally had a lease from - for example - May 2020 through May 2021 and it wasn't properly renewed into a new 1-year lease, that the lease effectively became a month-to-month rental agreement under the same terms - which would mean you actually did give the required legal notice (one full month for a month-to-month tenancy).It's complexities like that which make me think you'd be better served consulting an attorney who can give you advice based on the specific details of your lease/situation.
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17 September 2021 | 8 replies
The first step would be to determine if you have a viable project, once you start engaging an architect and the like they will start to bill.
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3 July 2021 | 2 replies
Engage a lawyer to review the contract, make sure terms are standard and reasonable.
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17 August 2021 | 22 replies
✔️Purchase Price: $1.36MM✔️All capex will be included in a bridge loan✔️Will refinance into FreddieHere’s our plan:✅ Pave the parking lot✅ Build 3 additional units to utilize unused space✅ Perform light interior upgrades and bring rents up to market✅ Implement a flat fee for utilities ✅ Improve outside landscaping✅ Engage a professional property management company team to improve inefficiencies “The path to success is to take massive, determined action.” - Tony Robbins 🔥
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4 July 2021 | 5 replies
This market has effectively collapsed over the previous 12 to 18 months... price for fixerupper properties have dropped to lows not seen in a generation"I still have the property associated with that appraisal.
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5 July 2021 | 3 replies
With all this said, I’m really trying to convince my wife to do a multi-family house hack as this would jump start a truly amazing compound effect without having to purchase a forth rental for a while.
9 July 2021 | 4 replies
In most cases, the interest on your mortgage is locked for 15 or 30 years so rising interest rates don't effect owned properties.
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5 July 2021 | 4 replies
Some were only temporarily made to work from home and some are now permanent remote, which drove many to flee expensive markets, cashing out of their high-priced homes, and into more affordable markets flush with their equity cash.The effect of that population shift has been that would-be buyers in the more affordable markets have been squeezed out of any reasonable opportunity to buy.