Heath Jones
Lesson # 3 from first year of self-managing our 20 rental units
7 March 2020 | 1 reply
For example, if they owed $360, then we would sign a year lease were their new rent would be their old rent + $30.For everyone who had over $600 worth of money owed, we gave them the option to payoff the entire sum at once, in chunks, or effectively pay $600 by signing a lease for $50 more than their current rent and we would forgive the rest.
Allison Meggison
How does leased land effect the sale of a single family home?
9 March 2020 | 2 replies
I searched some other posts but it seems like I just need to get the details of the lease? I found a seller in Maine who has a Single family home on a 7,405 sq ft lot, half the lot is empty from where an older house w...
Gary Dawson
Directv or Spectrum cable?
27 March 2020 | 9 replies
It takes a super heavy rain storm for the signal to be effected.
Gino Gonzales
What should I charge for an Acquisitions fee?
11 March 2020 | 19 replies
As mentioned, an acq fee is customary in many syndications 1-2%, but this is on multimillion dollar purchase price, and that fee is typically associated with a lot of travel cost, due diligence work, etc and can be one or more persons full time salary, i.e. life effecting. 2% on a $300k deal is $6k.
Tehane Gallimore
Coronavirus Outbreak and Effect on Short-Term Rentals?
26 March 2020 | 53 replies
It will have an effect on the economy for sure.
Vincent Plant
Approaching a seller in Distress to Create a Deal
23 March 2020 | 4 replies
If he’s in danger of losing the house I want to approach him and propose a win win strategy where I help him financially, and I end up with the house free and clear, or with him as a tenant, and me and the owner in the long run.
Christian Smith
Do we need an LLC for side work and flips?
8 March 2020 | 12 replies
I assume its because the lender wants some assurance to limit risk to what is effectively their investment too, right?
Brandon P.
Rent Increase in Multiunit
8 March 2020 | 5 replies
If rent is due on April 1 notify him now for a rent increase effective May 1.
Rachel Zhang
Any brave CA apartment investors after July 2019 rent CAP passed
10 March 2020 | 4 replies
It's amazing the negative effects rent control has had on the housing stock in areas it's in effect.
Bill McCaslin
Fugitive's hideout nextdoor
11 March 2020 | 17 replies
I think what may be lost on some, is the fact that the landlord verbally agreed that I was in danger due to the proximity of the houses and the people associated with next door.