Logan McKay Zylstra
Everything works but nothing doesn't
14 August 2022 | 8 replies
I have seen countless investors over-extending themselves in questionable markets, like in 2002 and 2008.
Amy Rankin
Does number of bathrooms matter vs heads in beds?
16 August 2022 | 14 replies
I have a different take as we rent primarily to extended families and bathrooms are important, especially with kids.
Mike Flynn
Can you avoid paying the listing agent in a sale?
16 August 2022 | 25 replies
99.99% of listing agreements are exclusive (so if the seller were to find their own buyer outside of MLS, their agent still negotiates the deal and gets paid) and extend beyond the property going off MLS (so you can take it off the market today, find a seller next week but your agent still negotiates the deal and gets paid).
Jane S.
Tenant got advice (?) from a housing office
11 October 2022 | 15 replies
In olden days one could present a utility bill showing proof that one lived at the address ... guess that's history ...I offered her the opportunity to extend her lease for 6 months at a higher rent, but she is refusing to pay for a background report since she doesnt understand what information it will provide.
Colby Burt
Seller Financing but Negative Cash Flow
17 August 2022 | 48 replies
But to be safe I would want to add an option to pay back interest and extend the note for 3 to 5 years to be safe.
J. B.
Tenant damage; low remodel bid; high remodel costs... Now what?
22 August 2022 | 40 replies
The tenant had painted the walls without permission, and they painted right over the electrical outlets and allowed the paint to drip down over baseboards.The tenant had allowed water to leak under the kitchen sink for an extended period of time and totally rotted out the cabinet and the floor beneath.Every appliance (7 years old) was trashed: Nearly every handle was ripped off, dishwasher full of something disgusting that rendered it ruined, oven caked with burnt something or other, dryer broken.Several holes were found in the walls.
Parth Patel
So what really is short term rental, 30 days or 7 days?
18 August 2022 | 9 replies
If I recall, 7 days is a term in the tax code if you have an average rental duration you can be considered to operate a business (categorized like a hotel) as opposed to schedule E rental
Micah Shelton
Should I fix (permit) an Un-permitted ADU or Duplex
17 August 2022 | 3 replies
Had an over size deck extended to close to overhead power lines.
Jerry Poon
How to fight insurance claim denial?
17 August 2022 | 7 replies
If, a big if, the tree was so huge that it caused a landlisde and you had earth movement coverage (an extended version of an earthquake policy also known as DIC) then maybe just maybe you could trigger that policy (and most have 5%+ deductibles which would likely exceed $15k in damages anyway) but that would be a stretch.
Lee Whitford
How do you bring large deals to potential investors?
9 September 2022 | 9 replies
So my question would extend here to, how can i find a syndicator who might be interested?