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15 July 2024 | 1 reply
Integrity goes a long way.You can also give a very generous closing gift, offer additional information/services post-closing, and/or offer a rebate for a portion of your commission at/near closing time.
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12 July 2024 | 5 replies
I think that appreciation is on your side here in that area but wouldn’t think you’d see that back for a long time.
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13 July 2024 | 6 replies
Lynn, This is a tricky situation but I believe that giving up a 2.75% interest rate is challenging to give up as we may not see rates that low for a long time.
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13 July 2024 | 1 reply
I took too long deciding on the contractor and getting them setup.2.
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15 July 2024 | 9 replies
Hi Bob,If you have had a positive experience like it seems that you have, I'd suggest sticking with your current turnkey provider.8 years is a long time and only having 2 tenant turnovers in that time is fantastic.They have stood the test of time and not many turnkey providers do.Also, why fix it if it's not broken?
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15 July 2024 | 7 replies
If it's a single family house, it should be tenant responsibility but if it's a multifamily, that's when you may need to take care of it - it depends on your lease terms and should be stated there so both landlord and tenant understand whose responsible for it.
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15 July 2024 | 65 replies
Section 8 should really take care of all repairs and should terms tenants lease ASAP. guaranteed 1 year rent. unless it has changed.
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15 July 2024 | 4 replies
Hey @Donod Sadu - this isn't uncommon when payments are setup on auto without a definite end term.
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14 July 2024 | 2 replies
We're working with several luxury STR purchase investors and several super jumbo refinances (over $3M) that are likely to commit with improved terms and anticipated ROI.
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12 July 2024 | 155 replies
I've been investing in long term rentals for over 26 years and when I first was introduced to STR's I was very cautious because I flat didn't believe the claims of income or expenses and it is just such a different animal than long term rentals.