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4 March 2024 | 1 reply
One example might be running a meth lab at your rental.In my experience judges come down harder on lease violations, particularly for health and safety reasons, than they are non-payment of rent.Â
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4 March 2024 | 3 replies
I knew where he bought the windows, flooring, baseboards, doors, etc. which made it easy to get the costs.
4 March 2024 | 1 reply
There is a trailer park next door with 30 rented lots.
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4 March 2024 | 4 replies
If the funds are in HELOC, a retirement account of some sort, run a similar analysis.Â
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3 March 2024 | 7 replies
A bad tenant can easily allow their dog to cause thousands in damages, from torn screens to scratched doors to soiled carpets.
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4 March 2024 | 7 replies
If you have run out of money for upscale cabinetry to match the rest of the house I would recommend at least installing a couple of well placed good quality wire shelves for detergent and miscellaneous stuff.
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4 March 2024 | 2 replies
Hello Shawn,Congratulations on going under contract.I do not quite understand your question, but if you are asking how to increase cash flow:1) Find out how much tenant is paying in rent.2) Run a rental market comps and find out what is market rent.3) If there is a difference between 1 & 2, then present that to the current tenant and offer them slightly below market rent if you would like to keep them rather then having your property sit on market for 30-45 days to get it rented.Â
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5 March 2024 | 4 replies
Long-run inflation expectations edged up from 2.8% last month to 3.0% this month.
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4 March 2024 | 20 replies
Many policies have exclusions for running a business on the property and to me a very strict interpretation of that is renting out a unit.
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5 March 2024 | 28 replies
The LLCs need to be substantially run as their own business.