16 June 2024 | 5 replies
We have an 8-unit apartment building that has 4 furnished MTR units in it.
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17 June 2024 | 9 replies
It is better for us to move the tenants out whenever we take over a building that has rents that are way under market.
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15 June 2024 | 11 replies
In the under $400k price point I'd look at Fairfax, Alexandria (not the brick garden buildings, but newer buildings) and Springfield.
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15 June 2024 | 87 replies
This is because the mortgage document DOES NOT, in fact legally CAN NOT, prohibit a property transfer.
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14 June 2024 | 17 replies
I am not trying to build a large portfolio of rental properties, just basically let my equity do it's thing from a-far.
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16 June 2024 | 16 replies
Do this for a year or two and build up more cash, and then do it again.
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16 June 2024 | 23 replies
Beyond that, most self storage only being 8 1/2 foot tall or so wide, a 10 x 30 or 10 x 40 storage unit can't handle RV's and boats.Recreation areas/cheaper land: The way you beat your competition is to build closer to the Recreation areas or on routes to them, from the populations.
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14 June 2024 | 4 replies
If the software is not simplifying your life or making you more accurate, you shouldn't use it.Software does have extremely helpful features like online payments, marketing syndication (click a button and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.
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14 June 2024 | 17 replies
They may need a notice to quit their services, which may include listing. better to follow up on documentation to verify.
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15 June 2024 | 5 replies
Both are older homes, the 3/3 was renovated in the 80s.2/1 home is prime candidate for a tandem house out back or teardown and convert to Rowhome zoning, (properties were recently rezoned just across the alley tandem homes, ADU already zoned ok) 3/3 is newer, on a double lot, but my thinking is that I could hold these for a while, go through the rezoning process and sell both if/when the neighborhood continues to get hot enough for more density building, possibly work with a contractor friend of mine to get going in this direction, or try to do construction of tandem home behind 2/2 and then adu behind 3/3 home.Are there any resources for spreadsheets or analysis specifically in this realm/that I could show my financiers to calculate the projections on this?