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Results (10,000+)
Jordan Propp First Post: What Next?
28 August 2019 | 6 replies
It’s been a really good learning experience if anything.As I see it these are my options:-Leave the first two properties alone, continue saving, and purchase once I have enough saved up-Refinance out of the first property back to a 30 year mortgage with considerations on maintaining a positive cash flow and use that money as part of the down payment -Sell the first property outright and do a 1031 exchange.Pros: Get out of a new property before needed repairs, get rid of a property that doesn’t perform that great by rental standardsCons: Lose low financing, lose good tenantsAre there other options I'm not considering? 
Wei Jie Yang I bought 5 properties in 3 different states....
26 August 2019 | 15 replies
Much of the complexity and billing in your situation would be dependent on how good your record keeping is - perhaps touch base with your chosen accountant on a good system to maintain everything.
Wilson Lee High cap rate, but declining population.
5 September 2019 | 22 replies
The utilities and roads are maintained by the city.  
Margaret Bass Mobile home park evaluation
27 August 2019 | 17 replies
In fact you may end up finding that they cost you more to keep maintained and rented. 
Jases Brown Reduced rent in exchange for labor?
29 August 2019 | 40 replies
They’ll probably do a pretty poor job, or won’t maintain anything they “improve” and you’ll have to change it when they leave anyways.
John H. Hill Jr. One or multiple real estate attorneys?
27 August 2019 | 5 replies
You have two attorneys, need to maintain 2 relationships. 
Samuel Iwu Buying Real Estate with Cash. The safe snowball effect
3 January 2022 | 72 replies
@Samuel IwuThe same theory is maintained regardless of the situation- even with the rehab property.
Hen Ley Owner carry- When does title transfer?
1 September 2019 | 2 replies
BTW, as the owner leasing the property, I am required by law to maintain the property to a habitable condition no matter what might be in the option about the tenant doing the work.If I am selling on a land contract, only in certain states can you do this, then the title transfers when the conditions of the land contract are satisfied.If I am selling and agree to carry back a note, the title will transfer at the close of escrow, the new owner is just that, the owner of the title and my interest moves from being an owner to being the lender with a lien on the property. 
Drew Joseph First Self Storage Investment
4 September 2019 | 29 replies
I've kicked the idea around wasn't really sure what the maintenance cost was (how many loads to you bring in a year to maintain) and if there was a buyer perception around gravel, which sounds like there isnt.
Caleb Callahan A family member is in a retirement home and the city senta letter
28 August 2019 | 3 replies
Why does it matter if it is empty as long as it is maintained?