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8 April 2024 | 2 replies
If it is tied to the home, you have a few options:1) include electricity in the rent (down side with that is tenants may be less diligent with electricity use and increase the bill)2) have the tenant pay it and include a copy of the statement every 1-2 months to show that it is paid in full.3) have the bill in your name and send a copy to the tenant each month (or whatever the billing cycle is) and they can add the balance to their rent each month.
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9 April 2024 | 0 replies
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10 April 2024 | 37 replies
I'm talking about wedges of land/property that requires you to make a deal with the neighbors for access or fight for easement.I was young man, single, full of energy and life.
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9 April 2024 | 1 reply
Hold it for forever, refinance as required to tap into equity and continue to grow our little portfolio.
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8 April 2024 | 10 replies
It turns out they are and the guest requires them to remind her to take medical treatments.
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9 April 2024 | 4 replies
RESPA also prohibits sellers of property that will be purchased with a federally related loan from requiring purchasers to use a particular title company.
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10 April 2024 | 13 replies
Many investors struggle with the higher down payment often required when purchasing a rental property which is why I suggested house hacking.
9 April 2024 | 7 replies
I have only been investing for just under 2 years, and I thought banks required two years of tax returns to count rental income in my DTI (Debt-to-income) ratio, but my lender said they only needed one.
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7 April 2024 | 3 replies
See Nobel prize winner and associate quote....Gunner Myrdal, an architect of Sweden’s welfare state who was given the Nobel Prize in economics as the left-wing balance to his co-winner FA Hayek: Myrdal stated, “Rent control has in certain Western countries constituted, maybe, the worst example of poor planning by governments lacking courage and vision.”3 His fellow Swedish economist (and socialist) Assar Lindbeck asserted, “In many cases rent control appears to be the most efficient technique presently known to destroy a city—except for bombing.”Seattle is a prime example.
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8 April 2024 | 2 replies
Due to my job, I have very little time to actively manage and am requiring everything from furnishing, renovating, and handling the daily responsibilities of managing a short term rental.