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5 November 2024 | 18 replies
There is only a small fee to accept the offer and make the deposit into a checking account.
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1 November 2024 | 19 replies
Our realtor wants us to accept an amount equal to the estimates.For anyone who wants the details on the issues: 1) Deck is not securely attached to the house and the stairs are leaning.
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6 November 2024 | 22 replies
As a fellow Northerner, I tend to buy in the Southern half of the US for 2 reasons:1) you get much higher year-round occupancy rates in the South & it’s simply tough to earn a good ROI in the North if your place sits vacant for a big chunk of the year2) Culturally, the Southern half of the US seems to be a lot more accepting of STRs regulation-wise.
2 November 2024 | 8 replies
Landlord’s only option to collect funds for damages is to take tenants to court.More and more tenants are only having a portion of their rent covered by S8, so landlords need to still screen S8 applicants for portion they must pay.Landlord cannot charge S8 tenants a portion of shared utilities – which can lead to the infamous tales of tenant retaliation against landlord by blasting heat on high with open windows during winter.S8 caseworker response times can be very slow, as they are usually overworked & underpaid.Again, overall it’s a pretty good deal for a landlord that does some decent screening.Exposing Section 8 Housing | Tenants From hell 243 - YouTubeLiberals Blame this Eviction on Landlord Despite the Before & After Footage | Tenants From Hell 241 - YouTubeMy first Baltimore buy & hold investment - SOLD (Lessons learned) (biggerpockets.com)Besides MANY self-labeled "gurus" exaggerating their success, many of them just supply readily available info.If you're too busy to find the info and are willing to pay for it, no problem as you accept their time vs money solution.REGARDING S8 GURU ISSUES SPECIFICALLYMost of them don't share all the facts about how Section 8 actually works.They claim you can get HIGHER rent from S8 tenants vs private-paying tenants.Why would the government allow our tax dollars to be spent this way?
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1 November 2024 | 5 replies
I put up one of my properties for sale and I received a verbal offer that I liked but the agent is asking if would be willing to accept 20% and interest only financing for 2 years.
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30 October 2024 | 2 replies
But as I focus exclusively on representing landlords in their interactions with Housing Authorities, my perspective has shifted significantly.
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31 October 2024 | 7 replies
It will be manual but will get the job done for 1 property.Now, for a PM software, we usually recommend Buildium if you're under 50 units and Appfolio if you're over 50 units.We exclusively use QuickBooks Online for all of our REI bookkeeping clients but that's for their master accounting software.
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1 November 2024 | 7 replies
By accepting this payment plan for so long you may have created a situation where it is considered an agreement between you and the tenant to pay this way.
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3 November 2024 | 10 replies
Original list price: $420k Original offer accepted at $350k Closed at $290k after negotiations Rehab: $20k What made you interested in investing in this type of deal?
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1 November 2024 | 19 replies
Don't just base your acceptance on price.