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20 March 2024 | 4 replies
There are two issues I want to point out at the jump:1) 1031 exchanges are designed for long-term investors.
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21 March 2024 | 8 replies
@Ed O. ...sorry for the delay, but yes regarding the reservation process (if you haven't already solved) - this might not apply in your case or state, but in our case because we were putting in infrastructure (new road) and had over 14 lots, our state law forces us to act like a new subdivision in terms of State Attorney General office registration, which is a real pain, but supposedly is for consumer protection.
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20 March 2024 | 2 replies
This makes a lot of sense to me, you wouldn't want them knocking on your door 24/7 for simple issues.
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20 March 2024 | 20 replies
What else would they have issues with if they were moving in.Will they become nightmare demanding tenants?
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20 March 2024 | 0 replies
Here are some steps to get started:Market Research: Identify areas with strong growth potential, low vacancy rates, and high rental demand.Financial Analysis: Evaluate the cost of construction, potential returns, and your financing options.Legal Considerations: Understand the zoning laws, building codes, and permits required for new construction in your chosen area.Sustainability: Consider incorporating green building practices to increase the property's appeal and long-term value.The Bottom LineWarren Buffett's investment in new construction underscores a broader trend in seeking alternative avenues for growth and diversification.
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17 March 2024 | 2 replies
I have been renting my townhome up in Issaquah, WA for the last 10 years with no issues.
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21 March 2024 | 8 replies
My issue is finding a property that cashflows with both units rented out.
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20 March 2024 | 4 replies
And we like the idea that maintenance shouldn’t be too much of an issue for the first couple of years.
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20 March 2024 | 3 replies
If you set it up with a car rental service like Turo are likely protecting yourself/car more from potential issues and damage and may be able to keep it off platform and only make it available to your renters (not sure on that last part but just a thought).Also, from a lender perspective it could complicate things if you are looking to refinance one day and have car payments included in the lease payments/on the lease.
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20 March 2024 | 24 replies
Oakland rent laws are so crazy now.