Felix Lilly
Looking for my first property
26 February 2024 | 2 replies
It's often a delicate balance between comfort and profitability when it comes to owner-occupied properties.Renting out rooms, as you're considering, is indeed on the more profitable end, especially if you manage to secure a 3-4 bedroom property.
Adrian Castillo
Are STRs & MTRs a thing of the past...
26 February 2024 | 20 replies
That's why I am building a hybrid hotel/apartment community with automated entry, exit, and communication, on site amenities (pool, gym, laundry, outdoor courtyard with kitchen), located in the shopping and restaurant areas, and adjacant to major transportation corridors.
Nick DiFinzio
Buying Occupied Section 8 Property
26 February 2024 | 7 replies
If the properties are for sale, they have a price.Regarding buying rental with S8 tenants in place, you need to verify the following so you don't get scammed:1) Rent amount2) S8 / Tenant split of rent payments3) What utilities tenant is responsible per HAP contract4) Any security deposit (which is for damages, NOT unpaid rent).
Michael Moreno
Questions Regarding my Real Estate Strategy
26 February 2024 | 50 replies
Your time is better spent now trying to figure out how to be exceptional enough in your craft (or move to correct location, or get a new job and renegotiate) to be able to get higher income.
Bryan N.
Collection of money without a formal eviction
26 February 2024 | 10 replies
Have a witness with you (non relative).You can use a Skip Trace Agent (aka Collection Agency) to locate your "asset" (tenant).
Noah Bacon
Which hardware store do you use?
26 February 2024 | 2 replies
Please consider factors like price, location, product variety, customer service, and brand loyalty.
Anastasia Rodriguez
Upgrades vs Functional
26 February 2024 | 1 reply
There are habitability standards specific to each location that you as the landlord would be responsible for.
Alex Kosley
Paying off debt vs. investing in LTR - Thoughts?
25 February 2024 | 28 replies
We were fortunate to save enough to buy a new primary home this summer and upgrade (850k - better schools, neighborhood, location, etc.) and are now renting our first home for 3k a month to a young family with kids (roughly +$500 cash flow/mo).
Cory Ray
Looking for a Lawyer and CPA that specializes in Real estate (House Flipping)
27 February 2024 | 11 replies
@Cory RayI don't think the location of the CPA matters provided that they have a solid background in Real Estate and software/tools to support you remotely.There are 20+ real estate CPAs commenting in this forum.
Radhika Kapur
Property Management negligence leads to $100k in damages, what are my options?
26 February 2024 | 29 replies
The insurance company denied the claim citing negligence - ie. temp of the house inside and outside was the same, no form of general maintenance was done to secure the home for winter.Now we have a bill of close to $100k and they are refusing to foot the bill.