Jay Smith
Tenant won’t pay Security deposit
25 May 2024 | 17 replies
I sent a 30 day “Notice to Writ” with the rent increase plus SD needs to be paid in full.I haven't received anything and let’s say they pay the rent increase what’s the likelihood I can evict for reasons of no SD payment ?
Kyle Westerman
Meeting local biz and possible competitors
24 May 2024 | 9 replies
If the conversation gears towards STRs, share 1-2 tips/anecdotes that can add value to them... the same can be applied to other business owners/contacts made during the meeting.
John Underwood
Pigeon Forge area market report
25 May 2024 | 7 replies
This could suggest a shift towards a more balanced market or even a buyer's market, where there is more inventory available and less competition among sellers.The Median Days Homes are On the Market is 18, which is relatively low and suggests that homes are selling quickly in this market.
Bill Liu
NYC legally convert 6 family to 5 family rent stabilize decontrol
25 May 2024 | 2 replies
I'm in the same boat
Mohit Arora
Tenant wants to break the lease before lease start date
21 May 2024 | 12 replies
Default by TenantTenant will be in default (Default) if: (i) Tenant fails to pay any Monthly Rent by 7 days after Monthly Rent is due and does not cure the failure within 7 days of receiving written notice from Landlord; (ii) Tenant fails to pay any Additional Rent by 7 days after the Additional Rent is due and does not cure the failure within 7 days of receiving written notice from Landlord or; (iii) Tenant fails to comply with any other obligation or restriction in this Lease and does not cure the failure within 7 days of receiving written notice from Landlord.
David Pereira
Thoughts on buying multi family all cash(duplex,triplex)
25 May 2024 | 6 replies
If I can borrow money at 6% and invest money to make 20% plus I would do that all day long.2) Without leverage you are setting yourself up for paying more taxes because your depreciation expense cannot fully offset the cashflow.
Adam Eckhoff
Section 8 - What's the catch? (Out-of-State Investing)
27 May 2024 | 19 replies
@Adam Eckhoff Easy and Landlording don't belong in the same sentence.
Rakesh Singh
Feedback about Flip Secrets by Jake Leicht
26 May 2024 | 12 replies
However, there isn't a strong sales history, so we are going to pass on it.I have another deal lined up that I plan on purchasing in the next few days.
Mike Auerbach
Biggest 1031 Misconception - "1031 Buyers Over Pay"
25 May 2024 | 3 replies
1031s cause you to overpay for your properties" or "I love 1031 buyers, they pay they most for properties"Both are emphatically FALSE.It is true that some 1031 buyers overpay for their properties because they are unorganized and undisciplined - BUT 1031s aren't structured in a way that "Makes an Investor Overpay"Here is our advice to clients so you don't "overpay"Before the 45 day identification clock even starts you can do the following:1.