7 September 2018 | 9 replies
Abandonment of the dwelling unit shall be deemed to have occurred when:(1)Actual notice has been provided to the landlord by the tenant indicating the tenant’s intention not to return to the dwelling unit;[...]
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18 October 2018 | 5 replies
Ideally, my list would meet the following criteria:Property built after 1980Last sale on or before 2014Property is 20,000 - 80,000 squarefeetBuilding is multi-tenant (vs single tenant)Owner of the building (or LLC) is an individual or couple in their 70's or olderMy question is primarily about finding the last 3 bullet points, ESPECIALLY the tenancy (multi vs single).
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12 September 2018 | 4 replies
As far as the individual expenses go (excluding utilities) I start with 8.34% or $187.65 (one month rent) for Vacancy.
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9 September 2018 | 8 replies
This is more efficient than individual LLCs for every property but still isolates liability.
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3 October 2018 | 15 replies
Spend time reading profiles and connect with individuals.
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22 February 2018 | 12 replies
In any case, always look at the individual deal.
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17 February 2018 | 11 replies
Your writings indicate your just looking to pay cash and have a propertyThe theory with brrr is you get it below market, fix it, rent it, way till it is seasoned (6-12 mos) then refinance it and get all your cash back because you have 20%+ equity in the dealAs an example I bought a condo for $70k, put $20k into it, rented it for $1500 and refinanced it as it appraised for $140k so I took a 90k loan to get my money out (don’t take extra but some may- personal preference).Now I got my 90k cash back, so no cash in deal and rent is paying PITI + condo fees and still cash flowing $200.
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16 February 2018 | 2 replies
Looking for an individual or firm who is well versed in liens, foreclosures, probates, quiet title, ect.
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7 November 2017 | 11 replies
I'll add this is a Baltimore single family home that would ideally be rented to 4 different individuals, who would share the living space, near Johns Hopkins University.
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10 October 2017 | 3 replies
As far as taxes go: I know individuals who flip houses get taxed out the a**.