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19 March 2024 | 25 replies
I dont like renting to people that just recieve social service checks as income for 2 reasons.1.
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18 March 2024 | 10 replies
Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator.So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?
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19 March 2024 | 17 replies
First and foremost I would recommend to start with the servicer of your mortgage to see about the transfer as well as an assumption. most servicers won’t allow the switch-a-roo considering the liability is currently tied to you.
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19 March 2024 | 12 replies
One good way to do that is to purchase towards the end of the year and put the property into service.
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19 March 2024 | 7 replies
I operate a home services business specializing in property management, renovation, and general contracting.
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19 March 2024 | 1 reply
It's not your typical investment story, let me warn you.
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20 March 2024 | 16 replies
Members often share investment opportunities, like off-market properties or discounted services from contractors so I'm quite sure you would find it beneficial to your journey.
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20 March 2024 | 19 replies
I took a screen shot of the dollar cost of the airline ticket along with the point requirement, but not sure how this scenario works.I have family in these same towns, so I typically only deduct the plane fare (no hotels, gas, meals, etc.), since the business aspects are completed in a single day and I usually stay for a week.
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19 March 2024 | 12 replies
The main items in our renovation are:New water main from curb and valveNew electric service and panelAdd bathroom + convert to full bathLVP in 70% of the houseInterior PaintingAdditional bedrooms in basementKitchenette in basementEgress(x2) in basementOur scope of work should create a great living space for us to grow into, but also provide a rental unit that competes (or even exceeds) the area offerings for medium term rentals.
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19 March 2024 | 14 replies
I have delt with this for 10 years in the Cleveland markets, typically 500 or so MAX, again looks worse than it really is.