My company is offering 52 weeks of severance pay and benefits and this would be an amazing time to launch a true real estate business. We have one condo currently. I have been told by my mortgage broker it would be di...
Hello everyone, I've recently inherited 17 properties:14 rented average rent $6003 houses vacantSection 8 payment standards average $1353What would be the best way to increase rent? because current rental income is ba...
Hello all,Without making this a political discussion, are any of you guys concerned about the long term down trend of home-ownership %? Per some analysis, home-ownership % will be around 55% from 62-63% right now in n...
Hello everyone, I just acquired a 4plex in Sacramento California which has a unit that has had the renter in there for 10yrs current rent is 900 Market at about 1500-1600. During the inspection It was obvious with the...
Hello all,
I have a question that I'm sure some of you may have come across over the years. I have tenants who are only on their 4th month of the lease that I have had to reach out to already about HOA violations. T...
I am looking for an umbrella policy that covers my rentals in Florida, Alabama and North Carolina. Is there such a thing? Or do I have to get a policy for each state?
Hello:
Asking for advice. As a landlord, I have a 'jointly and severally liable agreement' with 4 tenants. The lease is about to expire end of April. Half of the tenants want to move out and the other half wants to s...
Under contract for a 3-unit mfr in Cleveland. My first purchase. Purchase price is 177K.Appraisal is 138K.I cannot make up the difference with cash since I'm already at the top end of my purchasing ability.Is ordering...
@steve babiak mentioned the joint and several clause in another post and it seemed like a good topic to discuss.
if you don't have this clause in your lease I would strongly recommend it. Here is a definiti...
Hey all,Looking for some feedback on this idea. I sent out a mailing campaign to expired listings to a few cities in Ontario, Canada, and I received a response back from a motivated seller. This property has 2 address...