Val Berechet
Is it still a good idea to invest in Tulum, Mexico?
11 December 2024 | 101 replies
Watch out for any water filtrations from the upstairs pool I have seen that happen in a couple of projects, make sure it's a good builder.I like boutique projects with fewer neighbors, more exclusive, less resale competition, and less rental & rate competition as well.
William Causey
Affordable Housing for Disabled Veterans of San Antonio, TX
23 November 2024 | 2 replies
Purchase price: $125,000 Cash invested: $50,000 I am currently looking for properties for a newly formed non-profit group that wants to supply affordable housing for disabled veterans in the San Antonio, TX, area.We are looking for SFH, Dups, Trips, or Quads to rehab and meet ADA standards for hold rentals for the disabled veteran community in SA.If you know of anyone looking to sell a property that might fit our criteria please reach out and give us some support for the disabled veterans community in SA.
Samantha Springs
Selling Investment Property to Pay Down Primary Mortgage
2 December 2024 | 21 replies
People talk about it like it's standard and easy to do but you do not want to find out after you've sold the other property that it isn't possible so just proceed with caution.
Jay Hinrichs
MF owners how are you going to keep tenants with EV's
28 November 2024 | 22 replies
A 14-50r plug was always the preferred method, especially before the world woke up and switched to the Tesla charging standard.
Tyler Gilpin
Can I section 8 trailers?
26 November 2024 | 4 replies
A few things to keep in mind:Section 8 requires the property to pass an inspection based on HUD’s Housing Quality Standards (basically making sure it’s safe and well-maintained).The rent you charge has to align with Fair Market Rents (FMRs) in your area, so it’s good to check what similar properties are renting for.You’ll still be responsible for maintaining the property, but the upside is that a chunk of the rent is guaranteed by the government, which can provide steady income.Check with the local housing authority about any specifics for your area—every jurisdiction does things a little differently.This could be a great niche if you can find a good deal on the land and make sure your expenses (like maintenance, insurance, and occasional vacancies) are covered by the rental income.
Tom Carmody
Condo Hotel (Condo-tel)
24 November 2024 | 27 replies
No idea if it is accurate or if anything has changed since then, but it indicated the following:PROGRAM 1 Owner use up to 2 weeks 50% of Adjusted Gross Standard FF&E in high season & 2 weeks Revenues from the Unit and accessory in low season package required.
Account Closed
Favorite Landlord/Property Management Software/App & WHY?
25 November 2024 | 11 replies
Income Late fee Gross rent Expenses Advertising Cleaning Gardening/lawn mowing Insurance Interest on loan(s) property tax Legal expenses Pest control Property agent fees/commission Repairs and maintenance Water charges Electric Bill Total expenses Net rental income or (loss)
Marita Jojo
Tenants locked themselves out at 10 pm
23 November 2024 | 20 replies
They are often too complicated for tenants to figure out, they have too many ways to fail, and they are often easier to circumvent than a standard key lock.I use Schlage electronic door locks with a simple numeric keypad.
Collin Hays
A refresher on what to look for when buying in the Smokies
7 December 2024 | 14 replies
You at the bare minimum need to have all the standard amenities, and going above and beyond trying for unique usually pays off as well.
Vishal Chandan
Does the credit need to be unfrozen till closing?
25 November 2024 | 7 replies
Hey Vishal, yes that is standard.