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14 September 2020 | 52 replies
I'm not just a Mainer, I'm also from "The County"... but I became Financially Free thanks to properties I bought and held in Washington DC.
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17 September 2019 | 14 replies
Eric, thanks...that’s my concern... definitely don’t want to be in violation of fair housing, but from what I see on the HUD website, it doesn’t specifically spell out my reason for requiring higher monthly rent/deposit: The Fair Housing ActThe Fair Housing Act prohibits discrimination in housing because of:• Race or color• National Origin• Religion• Sex• Familial status (including children under the age of 18 living withparents or legal custodians; pregnant women and people securingcustody of children under 18)• Disability Nine people certainly equates to more wear and tear on the property and as much as I am all for “ The more the merrier” I want to make sure that the tenant would be held responsible by having more skin in the game to compensate for the added wear and tear of such a large crew.
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23 September 2019 | 5 replies
Hello Douglas,I don't know Hiawassee Georgia, but Google Earth shows an awesome view around the property ( so good location)It looks like a good deal, Cash on Cash ROI at 14% and Cap Rate 8.19%, I would not complain, just make sure the vacancy is sufficient, it looks like a small town.Also, I see you are estimating 5% rate, so I am assuming you will buy on your name if so, make sure you get a good "Landlord Insurance"Once purchased, after a couple of months, or a year, if funds available, I would build a large porch, extend the metal roof, add a deck, replace the bath vanity/faucet and kitchen faucet, have it appraised/refinanced raise rent and see if you can get some of the $36k out, so you don't have to wait 5 years to get it back through Cashflow.Perhaps you can use Airbnb.Best of luck with your project
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21 September 2019 | 2 replies
We won a tough Hubzu bid and intend to rehab it to flip in 4 months time but also consider to hold.Question is, how should title to the property be held?
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22 September 2019 | 5 replies
I attended my first conference in Edmonton today in fact, which was held by Collaborate Real Estate based in Calgary and are expanding in Edmonton very soon.
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23 September 2019 | 7 replies
Even if the economy slows down, hirstorically real estate value have held up well, or even rose, because people go into hard assets.
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8 March 2020 | 2 replies
All of my units have single lever Moen T2191 metal trim kit in brushed nickel (The Valve is purchased separately).
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28 September 2019 | 4 replies
Any guidance on how to create momentum on establishing a REIA meeting or know where some are held in the Lehigh Valley Area?
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3 September 2020 | 14 replies
Even in a 401K structure, I have my 401k own the series LLC as manager/member, and the notes held in each series.Good luck with your investing plan, and I hope this is helpful information.
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26 September 2019 | 18 replies
Then the entire metal thing should come off.