20 October 2020 | 5 replies
I totally agree with what @Nathan G. wrote and will add that if your HOA docs are not clear on the matter and if you don't have strong policies in place then that should be the goal of this existing BOD to fix so that it can't happen again.
20 October 2020 | 2 replies
Joseph,If the land has not been improved and it is owned in your name, you may have coverage under your personal insurance (Homeowners, Condo, or Renters policy).
20 October 2020 | 6 replies
Or, at minimum, I will get to see a lot of zeros added to dollar bills, and possibly the elimination of the cent, the idea of coins.
20 October 2020 | 3 replies
Given that Trump is all about business and made his billions off of real estate, it would be hard to imagine him hurting the real estate market.On the other hand, I have heard Biden has a plan to get rid of the 1031 exchange, it may only be for those making $400,000 or more, but without looking further into it I cannot say for sure.I would recommend doing some research on both candidate's proposed policies to help determine if what they are proposing will be good or bad for REI.Forrest
20 October 2020 | 6 replies
Please note that I have ZERO experience with landlording and I understand I have a lot to learn.
26 October 2020 | 28 replies
There is zero population growth here and the rental demand is good.
12 November 2020 | 9 replies
Play close attention to the insurance policy as to what is covered after a potential occurrence, and replacement costs.
23 October 2020 | 4 replies
The primary motivation to sell now is the constantly anti-landlord policies in Alameda county and fear of getting stuck with tenants who do not pay and who we cannot evict.
21 October 2020 | 8 replies
If asset protection is what you are looking for then get an umbrella insurance policy.
23 October 2020 | 25 replies
If your risk tolerance as an investor cannot absorb $300 dollars as a cost of doing business, then maybe real estate is not the right answer for you.Look at this as an opportunity to fix up the rental and make the place better, get higher rents, and a resident upgrade too.