Nathan Gesner
Have you every been sued as a Landlord?
4 July 2020 | 17 replies
Thanks for sharing all of this information.Top reasons Landlords are sued, according to Landlordology:Unjustly withholding or mishandling a security depositIllegal clauses in the lease agreementLandlord enters the rental illegallyHabitability issues (mold, water leak, lack of heat, etc.)I always tell new(er) investors that the best protection is knowing and obeying the law while treating renters honestly and fairly.
Hamlin Caldwell
Unpopular Opinion: Goals should be grounded in REALITY
4 July 2020 | 12 replies
Then the post goes on to lack sufficient detail or turns out to by someone selling a low cost $50,000 mentor ship program or ten easy payments of $5,000.
Charles M.
Refinance Options for Guy in a Jam
12 June 2020 | 1 reply
With your credit score and lack of income, there's no way you're getting a conventional residential loan on an investment property.
Don Pham
Novice investor looking for a plan
18 June 2020 | 5 replies
Please note that the account into which the funds are deposited must be the same type of account from which the funds were first withdrawn (e.g. withdrawal of pre-tax funds from a 401k could be deposited in a pre-tax IRA but not a Roth IRA - "like to like").Loans:Payments on a 401k loan taken under the CARES Act must be paid back starting in 2021 over a 5 year term.Here are the details regarding the loans:NEW LOANS:The CARES Act which was enacted to provide relief to individuals impacted by COVID-19 allows for increased 401k loans and more flexibility for repayment of these loans.Specifically, you must be an individual who meets one of the following conditions to demonstrate that you have been impacted by the crisis (and it will be your responsibility to retain documents in your files that demonstrates that you are a qualified individual):Individual who is diagnosed with COVID-19, with a CDC-approved test;Individual whose spouse or dependent is diagnosed with COVID-19, with a CDC-approved test; ORIndividual who experiences adverse financial consequences as a result of being quarantined, furloughed, laid off, having work hours reduced, being unable to work due to lack of child care due to COVID-19, closing or reducing hours of a business owned or operated by the individual due to COVID-19; or other factors as determined by the Treasury Secretary.On or before September 23, 2020, such individuals take a 401k participant loan subject to the following terms:Maximum Amount of the Loan: 100% of their 401k balance not to exceed $100,000.
Balaji Srinivasan
Livonia - MI Value of basement for renting
19 June 2020 | 1 reply
What impact will the lack of a basement have on a rental?
Ryan Sullivan
Analysis Paralysis or Just Right
30 June 2020 | 7 replies
An 80% job might be good enough to pass as done right, but unless someone is there to punch list things that are lacking, you will get a crappier renovation. 4.
Clark Henderson
Top Metrics in Picking a New Market
19 June 2020 | 2 replies
But the cities that don't will have the other metrics the first few might be lacking.
DJ Baker
Empty Mobile Home Park Valuation
20 June 2020 | 7 replies
Most people might miss this little nugget, but it is a quick way to determine the lack of demand and where lot rent should be in the marketNext, call the parks within 5-10 miles that are similar parks.
Carmen Sofia Salas
Best job to take on for experience and knowledge?
20 June 2020 | 8 replies
Dont let the lack of a degree deter you from striving for success.
Christopher Imbarrato
How To Market To College Rentals
30 June 2020 | 3 replies
Although these are all great ways to reach out to potential renters I feel that I am lacking a potential source that will really help me find my next few tenants.