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29 March 2024 | 6 replies
How are the debt terms that you have on your 1st property?
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30 March 2024 | 16 replies
If it were me I'd fix it up to rental quality, no furnishings and rent to the first qualified tenant to apply (3 x the rent gross household income, no history of court with or debt to prior landlords).
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31 March 2024 | 23 replies
I think asking what the fees are and what that includes is a reasonable question.
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2 April 2024 | 49 replies
Common culprits include poorly sealed wax rings, dry traps from leaks or non use, and localized clogs that vent sewer back into the room.
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30 March 2024 | 9 replies
What else would you include in a letter to new tenants?
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30 March 2024 | 10 replies
I would further explain that if more disturbances happen that further corrective actions will need to be taken up to and including eviction.
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29 March 2024 | 3 replies
Even if you get credit cards at home depot for your real estate LLC, you will have to personally guarantee the debt even though the debt will be in the LLC's name.
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30 March 2024 | 5 replies
Additionally, follow up with PM to establish their process for passing off the property to include leases, tenant contact, rent ledgers, inspection reports and the like.
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30 March 2024 | 25 replies
i'd never tell anyone to buy a property that they're negative $350 a month on unless they had a long term plan for it that included making money somehow
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29 March 2024 | 3 replies
Any feedback would be great:Purchase Price: $219,000, 90 days on the marketSurface area: 1900 sq ft1 unit renovated in the past year which includes new flooring: $800, other 2 units: $690 eachEach unit pays water/sewage, $50 internet feeCondition: roof is ~15 years old, will need replacedI was provided with an expense report for the 3rd quarter of 2023.