5 July 2024 | 3 replies
This might be easier to handle between tenants.Market and Economic ConditionsMarket Fluctuations: Be prepared for potential fluctuations in the real estate market that could affect property values and rental demand.Economic Factors: Consider economic factors such as interest rates, job market conditions, and tourism trends that could impact the Tahoe area.Exit Strategy:Backup Plans: Have a backup plan in case your circumstances change, such as if you decide not to move to Tahoe or if the rental market becomes unfavorable.Sale Considerations: Understand the process and costs involved in selling the property if needed.
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3 July 2024 | 40 replies
NOW THE DOWN SIDE OF SHIPPUNG SOMETHING SO MASSIVE AND HEAVY IS GOING TO COST AROUND $6K TO $10K.
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2 July 2024 | 2 replies
The last few properties we have put on the market went under contract in under a week with multiple offers but they were priced right, were inline with the area but were done with quality and were in desirable areas.Unless you are dealing in a low-end market, a home warranty should be a standard inclusion especially for first time home buyers.
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2 July 2024 | 4 replies
There are no fees each time you draw. closing costs are often minimal, and the rate is similar to a hard money loan.
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1 July 2024 | 13 replies
There may be costs associated.
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3 July 2024 | 14 replies
I said yes, and he mentioned that he would deduct the cost from the rent.
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4 July 2024 | 1 reply
That means the -ve cash flow will be my housing costs.
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4 July 2024 | 12 replies
The insurance company may cover some or all of the restoration costs.Scope of Work and Budget:Detailed Inspection: Get a comprehensive inspection to identify all areas of damage, including hidden issues like electrical, plumbing, and HVAC systems.Cost Estimation: Obtain detailed cost estimates for the restoration or rebuilding process from licensed contractors experienced in fire-damaged properties.Environmental Hazards:Asbestos and Lead Testing: Older properties may contain asbestos or lead, which can become hazardous after a fire.
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5 July 2024 | 5 replies
While you could be responsible for part of the cost, you should only be responsible for the worth of the depreciated door.
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2 July 2024 | 10 replies
Some of our owners still have very low rents but the average rent increase right now is $0 - $50.Improving the work order response time which is a factor of customer service.