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23 May 2018 | 8 replies
An important part of the lease is who can occupy. i would limit overnight guests in lease.
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24 June 2022 | 69 replies
There is NO SUCH thing as a guarantee in fact when investors invest with companies there should be language spelling out risks and the potential loss of the whole investment as a possibility.
24 May 2018 | 19 replies
As you state your intent was to double-close - a universally legal way to wholesale - you may have some of the same remedies available.If your losses amount to enough that it's worth it to you, I'd talk with a local attorney.Let us know how this all works out.
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23 May 2018 | 2 replies
So this varies from state to state and sometimes by county, but I know here in Ga where all my portfolio is located, there is no set limit on the amount you can increase the rents by.
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23 May 2018 | 0 replies
They are all cash flowing but I did show a loss on rental income for tax purposes (still trying to figure out if that's smart or not).Any advise would help.
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21 July 2019 | 3 replies
With only an acre for parking and building, your probably either limited to a single tenant or low volume garden offices (maybe a small retail strip center, but the sizes would probably dictate shorter leases and higher turnover).
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28 May 2018 | 7 replies
Will be relevant to the recognization gain/loss later on.
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23 May 2018 | 4 replies
Once my properties are stabilized this way, I begin to look at additional ways I can improve my property or limit my costs in order to increase revenue.
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31 May 2018 | 12 replies
To a lender, they will both be considered commercial (if the 4+2 are one deed) which will restrict you to commercial mortgages, and the limitations that come with them.From a depreciation standpoint they may both be considered residential depreciating over 27.5 years as opposed to 39.
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14 April 2022 | 17 replies
I can refund your April rent and you can use that for hotel or i can have the garage sealed off and reduce your rent for the loss of area.I have a freshly updated 1 bedroom single family house that i haven't listed yet.