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15 May 2024 | 3 replies
Hi John, I recommend reaching out to a local property manager (search on Google Maps) with many 5-star reviews to see what legal action you can take before the Sheriff is available to execute the eviction.Property managers specialize in landlord-tenant law and should be able to help you determine a path forward that doesn't require waiting 3 months after the lease ends.
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15 May 2024 | 0 replies
Purchase price: $68,000 Cash invested: $5,000 Sale price: $99,000 4 Unit quad in Medina NYRenters were tough and management company's locations are too far for a regular check up.Had a renter pass away and then DCS came in and the house was condemned due to farm animals in the upstairs unit where the person passed.We were too far to keep tabs on this investment so we sold the home.
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15 May 2024 | 5 replies
Check out LJI Wealth Management with United wholesale Mortgage.They have a construction to perm loan program for investment homes.
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14 May 2024 | 0 replies
Not sure if this is depending on each lender since it is related to Federal.
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16 May 2024 | 11 replies
I looked to buy in Des Moines proper, but I self manage and decided it would just be too much work.
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15 May 2024 | 48 replies
financing, taxes, insurance, deferred maintenance, groundskeeping, shared utilities, property management...like i said, i'm skeptical that it will truly cash flow as much as you think it might.
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13 May 2024 | 9 replies
You can always try check with the city's planning or building & safety departments to see if they have any type of file related to the parcel, and if they do, if there is any due diligence in the file, i.e. soils, etc.
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15 May 2024 | 2 replies
Logical Property Management is managing both duplexes. or LPMOpen to chatting about ongoing renovations, updates, certificates, tenants, PMs and the neighborhood itself.
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15 May 2024 | 1 reply
She did get a signed lease agreement, even having the managing partner sign as a personal Guarantor, but not a dollar has been paid.
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15 May 2024 | 11 replies
With that said, if you take either route, manage it responsible and hold it for the long term term, you will almost certainly come out a winner in the end.