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23 May 2024 | 6 replies
We look for tenants that can move in within 2-3 weeks (ie right after the exiting tenant leaves).
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21 May 2024 | 10 replies
Per this NY Times article, the average American knows around 600 people.https://www.nytimes.com/2013/02/19/science/the-average-american-knows-how-many-people.html#:~:text=The%20average%20American%20knows%20about,do%20you%20know%20named%20Kevin%3FPer the US Census Bureau, the average American moves 11.7 time in their life, which based upon an approximate lifespan of 84 years, works out to be about every 7 years.https://www.census.gov/topics/population/migration/guidance/calculating-migration-expectancy.html#:~:text=Using%202007%20ACS%20data%2C%20it,one%20move%20per%20single%20yearSo, if the average American knows 600 people and they each move about every 7 years, that means that the average American knows around 85 people that move in any given year.How many of those moves do you want to be involved in?
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23 May 2024 | 5 replies
If over a year, and especially during a renewal, they have additional protections. ”getting out of the real estate business” in 1482 would mean moving into the property yourself, or renting it to an immediate if family member.
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22 May 2024 | 5 replies
Hi Katie,Thanks for the tip!
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23 May 2024 | 7 replies
The advantages are twofold - you secure favorable financing terms for your primary residence, and when you're ready to move on to the next property, you have the option to turn your initial purchase into a lucrative investment.
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23 May 2024 | 9 replies
If I move the business and taxes to the USA through an LLC, would that be a smart move to get funding and better interest rates than Mexico's banks, even though the property is in Mexico?
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23 May 2024 | 11 replies
If you're the kind of person that needs hard math and graphing to understand things, this is completely the book you need on building wealth through duplex living.If your wife is behind you in this idea, and can see it as a move to financial independence, congratulations, you're in the small minority, as I am.
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23 May 2024 | 3 replies
Moving in 4 years and not sure if I should just reline the flue and hope the furnace lasts until we sell; bite the bullet and replace the furnace with a heat pump; or reline the flue and replace with another oil furnace.
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23 May 2024 | 3 replies
Due to this, my rent could legally be raised, or at least is in a gray-enough area that I wouldn't want to raise the legality as an issue.I am considering leaving my apartment and landlord at the end of my lease, and moving to an identical non-hotel apartment in the same building.
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22 May 2024 | 2 replies
My number one tip is to prioritize tenant screening.