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21 October 2019 | 3 replies
Try to be as efficient as possible during your screening process -- this may mean that you need to include certain questions to gauge whether or not an applicant raises any red flags for you.
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23 February 2021 | 5 replies
Hi Luís,Congrats in finding a deal.My suggestion (without knowing the details of your finances, so take it with a grain of salt) is to start an LLC and run your portfolio cashflow through it.It will qualify you for business loans and even allow you to use the PME guaranteed lines of credit.Furthermore, it will probably more tax efficient to run your properties that way.Regards, Rui
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29 October 2019 | 7 replies
I was advised at the time that this was sufficient that if anybody ever complained about its being used as such (triplex rental property) this would be enough that any court would sustain the current use regardless of zoning or if it had been continuously occupied or not.If the property has 3 electric meters or other improvements that likely had permits in order to be converted for use as a triplex, then regardless of whether it had continued occupancy or not it might be OK.That said, I am no land use attorney and you should probably ignore me and talk to one of them.I guess the other question is what constitutes 'high environmental standard' - high efficiency heating, plumbing and electrical is comparatively easy in many cases.
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26 October 2019 | 5 replies
More doors under one roof will run more efficiently, so you shouldn’t use this to compare an 8plex to a 40unit property..
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24 October 2019 | 7 replies
@Terry Garrett I believe purchasing cash and financing on the back end is the most efficient way but not necessary if you do not have the wherewithal.
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25 February 2020 | 25 replies
However, I will say to do this well (in one day) the contractor would have to be working extremely efficiently and no their way around this stuff.
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1 November 2019 | 17 replies
They also have made efficient use of the backyard using it to grow a lot of their own food.
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27 October 2019 | 18 replies
That’s what I was going to do originally, go with the most cost efficient option.
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30 October 2019 | 7 replies
Lease break charges can be mitigated by finding another qualified resident efficiently.
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26 October 2019 | 7 replies
You'll get a better return and start realizing efficiencies of scale.