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27 August 2024 | 3 replies
I used to have several out of state investors who would buy houses in Memphis via the online tax sale auction, then hold them for a year so the redemption period ended, then they would hire an attorney to "quiet" the title which would take 4-6 months and cost roughly $5000 but then they had clear title and would sell it "as-is" to other investors or hire me and list it on the MLS and get higher offers.
26 August 2024 | 2 replies
Not sure why when I'm searching for something and the first results are ones that pop up from 8 years ago and have no replies...
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26 August 2024 | 9 replies
Quote from @Shelly Glennon: You haven't had a vacancy for 40 years, the tenant is willing to sign a new lease at market rate, and you're complaining about paying a commission?
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26 August 2024 | 2 replies
Median sale prices for Melrose (single family homes) in the last 3 years are as follows:2024 (year to date): $590,0002023: --> $535,0002022: --> $502,500With interest rates expected to drop several times from the end of '24 into '25, many believe that property values will continue to rise.If you are concerned about tenants not paying, I'd recommend:- Do not rush into accepting a tenant.
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26 August 2024 | 4 replies
@Deborah Wodell With regards to platforms, I did some surface level vetting of Roofstock a few years ago.
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27 August 2024 | 7 replies
As anyone who has held a mortgage for more than 10 years knows, they will likely get transferred a few times.
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26 August 2024 | 3 replies
At closing the taxes will be calculated per day and then divided by days remaining in the year at closing.
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21 August 2024 | 27 replies
Verifying last 2 years of rental history very important!
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28 August 2024 | 5 replies
The exterior clapboard sidings, rake boards, fascia were slowly rotting away from years of neglect.
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26 August 2024 | 6 replies
If you want to avoid the lengthy process of securing permits and navigating ordinances, you can always opt for long-term rental for the first year.