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24 June 2018 | 8 replies
the lady I talked to said it counts against you when you do something like going from an IT professional to say something like auto mechanic because you're changing fields.
23 June 2018 | 4 replies
., professionals who are in the area for a year for work and want a large space to rent for that period.
23 June 2018 | 1 reply
Went to college for architecture and have worked in my professional life as a building inspector, insurance underwriter, and actuary, and I lived in a 2-fam and had two more 2-fams in my hometown of Buffalo, NY, and sold those when I got a job offer and moved to New Orleans, LA.
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25 June 2018 | 7 replies
Readers are advised to seek professional advice.
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25 June 2018 | 2 replies
They focus on deals in the gentrifying areas of town, and target higher end tenant base they have built through professional networks.
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3 July 2018 | 3 replies
Now I’m not worried because o have automated online systems for rent collection, contractors and licensed repair professionals on speed dial, and I have some boots on the ground in the form of family who can lend their knowledge and keep an eye out for me.My first thought to this question is : if I’m worried that it may be too far ,then for me it may be too far.I could never do a flip that far away, IMO.
25 June 2018 | 5 replies
If your property is zoned to allow an ADU (and this is a big IF), then ask about regulations for short term rentals.
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25 June 2018 | 6 replies
Other things you can use to demonstrate your intent would be your normal practice, rental agreements or rental listings, written correspondence with your professionals etc.You've got a pretty healthy gain to shelter for sure.
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25 June 2018 | 4 replies
First, tell you boss at your company and make sure it's okay -- it doesn't do any good to make an investor mentor if you also lose your 9-to-5.As for approaching the individual: 1) explain why you're interested; 2) say that you did get the ok from your company, and that you're doing it in a totally private not-related-to-your-company way; and 3) offer to help out with his properties like you said.A key thing to be clear about -- if you offer to do any of your professional day-job work for him on the side as a favor for him helping you out, you need to be sure that your company doesn't mind you doing it.
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27 June 2018 | 6 replies
Attorney is the best practice professional to help establish buy-sell agreements and other exit strategies, including provisions in your partnership agreements.