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8 September 2021 | 5 replies
Why not use this time to build a rock solid foundation for your future:- If offered, invest in your 401k up to the employer match (never turn down free money)- Save up enough cash until you can get into a solid investment (one that allows BRRRR or a hack or both)- Use the extra cash you have each month to tackle the projects/reno... if the purchase allows for a hack you can create a new rentable unit first and then use the extra income from that to do the rest of the project/remaining spaces.- After completing the remaining project rent out that space, go after your refi (which clearly has a lot of equity now because you did the work yourself, added income creating units and without pulling another loan... and you're ready and in a fantastic position for the final R - repeat!
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11 September 2021 | 2 replies
Or let's say you need for vendor deposits and then some to start work.
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10 September 2021 | 7 replies
It is common for courts to award tenants triple damages and attorneys fees for technical defaults by landlords in areas like security deposit disputes or other common mistakes.
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10 September 2021 | 8 replies
@Tony Gunter my concern is that the rent will be too high to match the expenses because there are better prices else where.
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10 September 2021 | 11 replies
I would clarify but if allowed take the same deposit I do with a dog of 650
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10 September 2021 | 2 replies
You can set up direct deposit so that your tenants money goes directly into your bank.
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2 October 2021 | 26 replies
"Best use" of land is highest dollar, which doesn't always match with community objectives.
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12 September 2021 | 2 replies
These are required:Rental AgreementSmoke Alarm / Carbon Monoxide AlarmMold & Mildew AddendumSafety AddendumSecurity Deposit Addendum + Notice of Security Deposit RightsMove-in Accounting (Portland)Condition at Move-in (Portland)If the property was built prior to 1978 you'll also need lead-based paint disclosures.
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13 September 2021 | 9 replies
We'll pro-rate hold over days from their security deposit so the earlier they get out the more money they get back and we give them cash on the spot if they leave our unit completely empty and reasonably clean.
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24 September 2021 | 3 replies
I see people posting that they have hedgefund buyers who will pay full retail prices for properties that match their buybox, but I can't seem to find much info on how to get in touch with the agents for these hedgefunds.Can anyone recommend how to find them?