23 May 2019 | 11 replies
I'm still fairly new to the process and I just started making calls last week.
24 July 2019 | 9 replies
You need to make sure the board is reserving enough money to maintain common elements.
21 May 2019 | 3 replies
There is more risk of a fair housing violation if you start making exceptions
24 May 2019 | 9 replies
It going to be a challenge to argue that all 6 of you are actively participating in the deal and pulling their fair share.
22 May 2019 | 5 replies
Trying to make everything as tenant proof and as easy to maintain as possible for when I move out and get a renter in here.
22 May 2019 | 5 replies
She keeps mentioning that they will "see how much we paid", which in all fairness, was low due to the condition of the property (think large pole barn, garage, house and pasture full of 20 years of junk plus an abandoned mobile home that may or may not have been used as a grow house).
23 May 2019 | 2 replies
Read Charles Becker of Duke University's article on this very topic for greater insight.Another difference is that Class B/C apartments typically need a huge amount of expensive cap-x to maintain their occupancy, while mobile home parks need a much lower amount since the park does not own the homes (or at least many of the homes in most cases), although this is true whether there is a recession or not.The final main difference is that apartments sell at much lower cap rates, so there is less cushion in the event of a recession, while mobile home parks still sell about 1 to 2 points higher in cap rate, so you have more flexibility to contend with the impact of a recession, whatever it may be.
23 May 2019 | 12 replies
I am fairly familiar with small claim system as both a tenant and a landlord.
22 May 2019 | 6 replies
So, if you already had an investment property it would still be fairly easy to get a primary home after.
23 May 2019 | 6 replies
If we negotiate well and by it at $90/sq ft, then put $10-$15/sq ft in it for rehab then we are right at fair market value with no profit margin.