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27 April 2024 | 11 replies
If there wasn’t major renovations involved in the deal then they should have been able to increase rents last year since most markets still went up.
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27 April 2024 | 19 replies
Hi Margarita-Great question.There are many mental blocks and friction points to buying your first property.First off, just buying property outside of a first or second home to use is not done by most people and buying your first home is a major purchase for most people.That means the people in our immediate sphere of influence are not thinking about buying investment property, they see it as risky and out of a sense of protecting you or themselves encourage you not to do it.I remember having the same mental blocks and fears you probably do thinking about buying your first property or first investment property.The most critical thing to overcoming these mental blocks is self education and surrounding yourself with the best team of people to help you.An investor friendly Realtor who can refer you to an investor friendly lender, title company or closing office, property inspector, property manager, and insurance agent.Real estate is relational and having the best team will keep you out of the weeds.To Your Success!
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27 April 2024 | 4 replies
I've been in the manufactured/mobile home industry a good majority of my life, as my father owns several parks.
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30 April 2024 | 43 replies
Being in the company of those who are taking action can provide valuable insights and motivation to propel me forward in my real estate journey.Thanks again for your input it's helpful to hear from someone with firsthand experience in the industry.
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28 April 2024 | 6 replies
So given that this month there were zero payments of any kind, I started the eviction process as soon as I legally could...This is taking a major toll on my already-tenuous health.
29 April 2024 | 17 replies
Multiple, billion dollar companies are investing heavy in our area, such as Intel, Google, and Amazon.
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27 April 2024 | 3 replies
@Nicholas Owens No, but my insurance company requires it be replaced immediately.
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28 April 2024 | 7 replies
@Becky Wong KaplanGet your attorney and insurance company y involvedThe renter should have renters insurance to cover this as well.
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27 April 2024 | 3 replies
Any recommendations of a broker or company that will insure these properties?
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27 April 2024 | 2 replies
We are hiring some contractors (roofing company, mason) that will cost more that $600 for repairs.