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7 December 2013 | 1 reply
@Eli Hood Good morning, I have included a link to advise you on when you put a house under contract.
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24 February 2014 | 26 replies
I've been involved in the vacation rental business for 20 years and have bought/sold seven of my own properties in the last ten.One word jumped out at me from your post - 'emotion' - and I'd advise removing that as much as possible from any buying decision when looking at purchase that involves a vacation rental goal.Of course, your own criteria comes into play because you want to use the place yourself, and you have experience with visiting the area, but you should also consider the needs, wants and desires of your potential guests.
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12 December 2013 | 20 replies
Best advise I ever got in RE was to figure out the kind of people you want to deal with and then only buy property they will rent.
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11 December 2013 | 5 replies
I was an investment adviser in a past life and saw this all the time.
12 December 2013 | 4 replies
Hi,I've been advised that licensed Real Estate agents are able to download information from the MLS relating to sales to cash buyers over the last 3 - 6 months (or more).I wonder if one of the REA's reading this might be kind enough to provide me with a sample of a list from any state, just so I can see what it looks like - I'm trying to build a spreadsheet and need to use the format in a sample to build one.Ideally I'd like the following information if at all possible, in either .csv or .xls (.xlsx) format.
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11 December 2013 | 14 replies
The snow removal ordinances I see don't expect any snow removal during a storm because they are all phrased in this way.As a practical matter I try to do several snow removals for really big snowfalls (a foot or more) and I advise my tenants to do the same.
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18 December 2013 | 26 replies
Those funds can be used for any purpose.Talk with a different adviser or an accountant.
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16 December 2013 | 13 replies
Because you could possibly find a new tenant relatively quickly.However, if it is not in the best location, and there are a lot of vacancies in the area, and the building is very old/not in great condition, I would advise against investing in that property.
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11 December 2013 | 7 replies
Wells Fargo advised that they are no longer doing these.Ideally I'd love to have the equity available to dip into it without having to go through closing each and every time that I want to add to the loan.This site is amazing and I can never repay everyone for all of their help/ support.
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12 December 2013 | 8 replies
I'm seeking an accountant to advise on investment and tax strategy, who is willing to work with a startup with a goal of becoming a trusted partner in building and growing my business.