Michael Lozana
how do I get a repair estimate remotely?
23 February 2024 | 4 replies
If they can provide pics or vids you can estimate rehab costs, but you would have to have a contractor and realtor you can trust since you can't actually be there.
Wendy H.
Self Managing - Move Out Procedures and Tips
23 February 2024 | 2 replies
These are usually small things, like a slow leaky toilet, some loose handles in the kitchen, maybe the shower diverter isn't working well (we have very hard water here so its common).While this is rather/sort of embarrassing, I THINK bBy getting them fixed quickly it actually shows that I a landlord that intends to maintain my properties and provide at least a decent place for my tenants to live.To save a bit of money, I change out the locksets on the door myself.
Paul Malandrinos
Transfer newly acquired investment property into my existing LLC? Why or why not?
24 February 2024 | 9 replies
The lender deemed the master policy provided by the condo association to be sufficient for their purposes.
Steve Kriz
Holistic REI - Jacksonville, FL - Turnkey Company
24 February 2024 | 11 replies
The pro-forma (then) Jax Investments provided was conservative in that the taxes were overestimated and the rents ended up being more than projected.
Kieran Dowling
Amount of rentals
24 February 2024 | 8 replies
There may be other third party data providers that you can subscribe to for your target market.
Diran Deukmajian
Thoughts On Investing Out Of State
24 February 2024 | 30 replies
I suggest looking into areas that you are at least somewhat familiar with or have someone you can trust who can provide you that information.
Ryan Keller
**Subject: Advice Needed: Considering Purchasing Leased Agricultural Land**
23 February 2024 | 4 replies
Our monthly surplus income, after accounting for all expenses, amounts to $3,800, providing a solid foundation for potential mortgage payments or land-related expenses.While I am confident in the value of the land to my operations and its long-term potential, I recognize the importance of careful financial planning and strategic decision-making.
Chris Waugaman
What do should I do with Rental Equity
23 February 2024 | 8 replies
Consulting with a real estate investment advisor or a financial planner who understands the BRRRR method and your local market conditions can also provide personalized insights and help you make an informed decision.
Kayla Weigel
How to Handle Challenging Tenant in 5-Bedroom House Hack
23 February 2024 | 6 replies
Also, it goes without saying that you should consult an attorney; Okay briefly reading over your lease agreement, it's a good agreement but it is very loosely written and does not provide for many remedies prior to eviction so... that is something you should look to improve on moving forward, there should be an escalation of force in as $XX fee until rectafied and THEN otherwise eviction, also you should number your lease clauses.Regarding the current situation first and formost, I understand you live in the property as well but you should certainly take on a 'HANDS OFF' approach in regards to internal disputes amongst Tenants; you are after all a landlord, not the ethics police nor the real police.... if other Tenants have issues such as those they should inform you and then they should contact the police... if it's not police worthy than it is more than likely just internal bickering.
David Yamamoto
Divorce - refi primary options
23 February 2024 | 10 replies
I personally prefer flexibility but having structured amortization does provide discipline if principal reduction is an optimal outcome for you.