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7 July 2024 | 14 replies
If it does what ours does then you can make a decision. our two houses are about 1.5mm together - maybe with a $2mm house you will have a little more responsible guests but I doubt it as there is always one person that screws it for everyone.fortunately for us, the dip in income didn't impact us because we bought with cash but if they have that pressure it may make a difference
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7 July 2024 | 3 replies
You will probably be told to have one LLC for each property, plus one LLC that owns all the LLCs and then a separate management LLC.
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7 July 2024 | 2 replies
You have a very detailed breakdown of initial move-in expenses (but you didn't fill out what was received), but then you don't include a detailed breakdown of recurring charges.Your late fee language is completely wrong.
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6 July 2024 | 11 replies
If a permit is required I absolutely would not list it before then.
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7 July 2024 | 36 replies
After you do some rehabs, own some rentals, THEN you can see where you might do a little better once you have experience with rentals, markets, and you have real estate knowledge in general.
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7 July 2024 | 28 replies
I think ach works best for both parties so getting low cost ach makes sense.i went with apartments.com then got a tenant who wants to pay cash and only communicates via text.
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7 July 2024 | 5 replies
Hi Braedon,Thank you very much, to be honest, the place where I started the business is what boosted the portfolio but with hard work, commitment and focusing on great service toward customers and owners alike. if you do a great work, then people will spread the news among their group and they will call you.
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6 July 2024 | 2 replies
It’s currently listed at $180,000 he’s offered to put $18,000 down for 10% and then add that to the purchase price, making it $198,000 total.
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7 July 2024 | 14 replies
Correct me if I am wrong but if you do a second home loan then you can't put it in an LLC's name?
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6 July 2024 | 11 replies
And if you later on realize it's too risky for you, then a simpler house hack would probably be better to get you started in REI with less risk than a flip.