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9 March 2024 | 21 replies
Make a note of any obvious maintenance or updates that are required.
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8 March 2024 | 1 reply
Do lenders consider this a multi family and require commercial financing or is it considered a single family?
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8 March 2024 | 6 replies
Quote from @Trino Martinez: I came across an article (link below) about a proposed bill (HB355) in Utah that did not make it out of committee that would include among other things a requirement for landlords to give 60-days notice for rent increases.
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9 March 2024 | 8 replies
But as of now no requirements.
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11 March 2024 | 19 replies
I think we had this option also but opted not to do it and as PM, if investor doesn't have a US bank account, we are required to withhold tax of 30% or so from every rent distribution.
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9 March 2024 | 7 replies
Or if the lender requires that she be on the deed then you just meed to make sure that the client goes on deed as a tenant in common to as much as they sold.
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8 March 2024 | 4 replies
I also require tenants to carry renters insurance - this protects YOU from expenses they get hit with.
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8 March 2024 | 4 replies
Cedar offers natural resistance to rot and pests with a great look that can enhance property value, but at a significantly higher cost and it requires regular maintenance to retain its appearance.
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8 March 2024 | 4 replies
For credit score requirements, Washington state law discourages setting minimum scores unless a "business necessity" is demonstrated.
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8 March 2024 | 6 replies
You'd need to ensure your ARV is 20-25% higher to get your original cash back out while meeting the refi equity requirement.