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5 August 2019 | 24 replies
Continue with the eviction until she vacates.
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6 August 2019 | 5 replies
All of those are profitable.I am looking to get into vacation rentals and have not found a formula that works like this.
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5 August 2019 | 0 replies
We then use the proceeds to 1031 exchange to several properties with a turnkey provider in other states outside of California. 3 states to be exact.I have a few questions (my CPA is on vacation that's why I'm asking here, I'll confirm with him after he is back)1.
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23 August 2019 | 26 replies
Look for vacation rental owners associations in states where you're looking.
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11 August 2019 | 1 reply
ARV: $120-$130k (Owner was wanting $125k, the best comp is an identical property across the street selling for $119k.)Market Rent: Approx $1000.Taxes: $911/AnnuallyUpdated flooring, paint, appliances, HVAC, Electrical, and Plumbing.So after a long text conversation with the grandson, who is the 'actual' owner now, laying out what I'm trying to do and how I can help them, he's willing to talk on the phone about the deal specifics when he gets back from his vacation on Thursday.Long story short, I find myself able to talk candidly and passionately in passing, but am fearful of over-explaining or over-simplifying the lease-option deal I wish to construct here.
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18 August 2019 | 10 replies
If so then one short term rental/vacation rental (airbnb, VRBO, HomeAway) could provide that kind of cashflow if done right.
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9 August 2019 | 10 replies
If there is no signed lease, you are on a verbal, month-to-month lease agreement and the Landlord can give you notice to vacate or change any other terms of the agreement with 30 days notice.
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29 December 2020 | 35 replies
These were tools I personally used to mitigate the risk on marginal tenants and/or those that would commonly give notice to vacate and then say "I'm using my security deposit as last month's rent."
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13 August 2019 | 8 replies
Although this particular situation has turned into the tenant vacating on their own.I thought about going the self-help route, but didn’t want to mess anything up and have the case thrown out (and have to start over).
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8 August 2019 | 16 replies
I wasn't given any information on the tenant from the seller (bank owned), unknowing that the bank has reached court settlement with the tenant to vacate the property at a date few months after my closing.