20 November 2018 | 29 replies
Switch to some sort of electric heat pump/minisplit.Staying with oil is the cheapest upfront costs, but I would assume more on going costs for maintenance and re-priming when the tenants don’t fill the oil tank.
12 September 2018 | 2 replies
Even if my finders fee are low.
13 September 2018 | 8 replies
He has done all the work in the last 10 years to separate all the utilities so all he pays is th annual maintenance on the property.
15 November 2018 | 31 replies
we are seeing prices peak in the Portland market the big run up has happened.. but sales are still brisk and your right low end is still on fire.. my wife put a 250k condo in escrow yesterday.. but we were lamenting it took 30 days to get it sold instead of 30 seconds..
9 September 2018 | 4 replies
By the time you aad all the other expenses like furniture, maintenance, and property tax and adding all of your dept payment it's barely even a break even deal.
8 September 2018 | 2 replies
He built them with low maintenance materials and just recently refurbished 1 of the duplex buildings with a new 40 year metal roof, new water heaters, refrigerators, dishwashers, stoves and AC units.The 2nd duplex still needs to be refurbished but is currently rented, so this gives the option of forced appreciation.
8 September 2018 | 3 replies
All of the language I read on the IRS website mentions that redemption requires the IRS to pay a purchaser at auction back their purchase price, but I can find no info on if the property is transferred to someone else before redemption.Any help GREATLY appreciated, as the current plan is to transfer to the LLC ASAP.I know the likelihood of an IRS redemption is very low, but I still want to plan for that possibility.House is located in Southern California, if that matters.
13 September 2018 | 19 replies
If the goal here is just to acquire one property every year or two I would think that a relatively smaller campaign with a low response rate would have a good chance of achieving that goal.
8 September 2018 | 1 reply
Think of all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.
17 September 2018 | 6 replies
I keep my number of guests low to try and keep the headaches and bad reviews to a minimum.