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30 March 2024 | 10 replies
Not to mention, the boyfriend will not qualify as a tenant due to criminal record, insufficient proof income and several other requirements.
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29 March 2024 | 1 reply
Hoping to make connections with folks who are investing full time, keep each other accountable, partner on deals potentially but most of all MOTIVATED
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30 March 2024 | 2 replies
They don't appear to require any repairs.
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31 March 2024 | 14 replies
Attending real estate events and establishing professional networks with other industry members may yield insightful and beneficial connections.Trying out different forms of finance, such private loans, government-backed credit programs, or joint ventures with other investors, might also be helpful.Real estate investment requires a great deal of flexibility and open-mindedness because there are several ways to succeed.
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30 March 2024 | 12 replies
@David Travieso first check state and local landlord tenant laws because you may be required to provide lodging or possibly just reimburse days not available, if damage was not caused by them.
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31 March 2024 | 21 replies
Quote from @Elliot Mitchell: Anything worth doing requires effort and won't happen overnight.
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28 March 2024 | 5 replies
I have complete confidence in their ability to pay their share of rent but my concern is with the City's portion as I have heard first-hand accounts and bad cases where the City has delayed payments, delayed processing of renewal for voucher holder (and thus payments) and lack of communication.Are there folks here who have had a good experience with CityFHEPS and the City's ability to pay on time?
30 March 2024 | 3 replies
In order to make sure you're optimizing your tax advantages and adhering to all applicable requirements, even while I can offer broad advise, I suggest speaking with a tax professional or accountant who is knowledgeable with real estate taxation.
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31 March 2024 | 29 replies
But I also provide full management for a couple of others for 10-20% depending on minimum length of stay (since 30+ day stays require much less work for guest changeovers).
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30 March 2024 | 11 replies
As Stuart mentioned, STR in the Phila area, especially in Philly itself are not straight forward and require zoning and licensing requirements.