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4 July 2024 | 14 replies
@Matthew CarducciThe Land Trusts are pretty time consuming to work on since they require to be formed under state law and collaboration with the country the property is located.
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1 July 2024 | 1 reply
The market rent puts all three together at approximately $2900 monthly.Now here are the details and costs behind the acquisition:Property taxes: $5000 yearlyInsurance estimate for all three: $3,300 yearlyC-class properties (not best location, their condition is about average - older properties)Purchase price: $250,000k$15k down and $235k seller financed at 6% interest for 30 years. 5-year PPP.
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1 July 2024 | 6 replies
@Graeme HarrisGive notice to the tenants and any unknown occupantsWe typically have an attorney handle this as it is more powerful when it comes from them in my opinion.If you do it yourself I would either send certified mail or hand deliver it to them and acknowledge receiptYour location may have specific rules on what is considered service
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4 July 2024 | 2 replies
In California, the law limiting landlords to a maximum security deposit of one month's rent for unfurnished properties and two months' rent for furnished properties went into effect on July 1, 2024.
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4 July 2024 | 0 replies
Do not add a unit and rent out each garage (2 of them) individually for $150/ month.
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2 July 2024 | 2 replies
Located in Minnesota so the lender must be able to lend here.Thanks!
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2 July 2024 | 0 replies
Sale price: $109,000 PRIME LOCATION- Highly desirable vacant lot with B-2 zoning located just off Interstate 81 (exit 29) Glade Spring, Virginia.
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1 July 2024 | 13 replies
Would you be renting a single room in an otherwise empty house?
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4 July 2024 | 8 replies
Not sure what standard move-out procedure is to get the property rent-ready again.
3 July 2024 | 20 replies
That doesn't only mean that you have to be able to close on your own (if you can't find a cash buyer within, let's say, 30 days), but to avoid consistently being forced to close on your own and then marketing a property to potential sellers you should be able to locate a buyer BEFORE you sign the contract with seller.