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11 September 2024 | 18 replies
I will present two (somewhat technical, sorry) points that are essential for the specific question asked by OP.1.
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13 September 2024 | 50 replies
However when I choose a property im considering putting and offer on, I run into issues like existing tenant or vacant with repairs needing to be made before rent ready which is essentially what I’m looking for to force the equity myself.The problem is that I’m unable to find PM or contractors willing to translate what the inspections are showing, what needs to be dealt with, and for how much before closing.
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10 September 2024 | 12 replies
As for general rent increases, if tenants can pay and are just low on rent then we generally come in and offer a lease at near if not just about average market rent for the unit in the area maybe a smidge under market the idea being if they stay they are getting a deal and don't have to move and I don't need to redo the unit but the rent is essentially up to market.
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10 September 2024 | 43 replies
Essentially, the landlord can only evict if the tenant violates specific requirements.What do you think?
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9 September 2024 | 9 replies
Creating an LLC before purchasing your first investment property isn't essential, but it provides liability protection by separating personal assets from property risks.
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11 September 2024 | 31 replies
The reduction is computed by subtracting from the actual rent the estimated value of the apartment without the essential services.
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8 September 2024 | 0 replies
Building a strong, high-performing power team is essential for any leader aiming for long-term success.
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8 September 2024 | 6 replies
If you are really unhappy about the cash out, you can take less cash out, but I don't think it's a big issue if you are cash flowing $100 - you essentially get a free rental when you get 100% of your cash back (with equity built in)
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9 September 2024 | 14 replies
Flipping is essentially running a business.
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8 September 2024 | 6 replies
Is PadSplit a company you need to work with to essentially find tenants and then they hand the boots on the ground stuff off to you?