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30 May 2024 | 3 replies
I have never personally had issues with insurance even in the valley for my clients now that I think of it.
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30 May 2024 | 7 replies
House hacking will also give you some personal "property management" experience.
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30 May 2024 | 17 replies
I have several clients that 'self-manage' or have a full time private manager that has enabled them to offer their manager/cleaner (occasionally the same person or couple) double the hourly cleaning rate (compared to national PM companies) while reducing the booking/cleaning fees for tenants.
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30 May 2024 | 2 replies
So, I may have to find out who this person is or simply go to closing and be prepared to deal with this occupant.On the other hand the bank is having trouble providing the legal corporation paper work required by my title company. here is the latest email from Title to Bank: “Please have the seller (the bank) contact their attorney to provide the needed paperwork.
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30 May 2024 | 12 replies
I definitely would not touch the 3.75% personal mortgage and hold that forever.
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30 May 2024 | 4 replies
HOWEVER, I personally always prefer to own the entire property.
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30 May 2024 | 13 replies
Prior to this we did get the occasional person thinking it was too cold, but we only get that about three times a year now with 3 pool cabins.
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29 May 2024 | 4 replies
an LLC / Partnership and syndication are not mutually exclusive.You can have an LLC that is a syndication.You can also have an LLC that is not a syndication.Are you engaging with the accountant / attorney on a paid consultation or a free consultation?
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30 May 2024 | 5 replies
Or perhaps the seller can provide you some financing.My guess is that any US-based lender would be making more of a personal loan than anything because it would likely be hard for them to put a lien against a property outside the States.Perhaps there are private lenders in that country that would be willing to lend to you as they would be more familiar with securing loans against properties there.
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30 May 2024 | 8 replies
Regarding background checks you can use many different apps or software, I personally like Hemlane for tenant advertising and screening.