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Has anyone else run into issues with over occupancy in GR? I have a 6-bed, 2-bath SFH that I rent to college students. I used to rent to 6 but two years ago was hit with a zoning violation."Did allow more than four (4...
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To The Beaches!
New Bern is a lovely little town situation on the coast of NC, supporting a population of just under 32,000 and employing about 12.9k people (-0.302% year over year).
New Bern's annual population gr...
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Property is in California.Tenant A was living in the 2bed/2bath apartment first. Tenant B was added to the lease under the condition that if either tenant wanted to be removed, they would first be required to find a r...
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I had some friends help demo a property and I paid them cash (around $1,000 total). Is this something I am able to write off? Would I need to issue a 1099 for this? Not sure how this works and would appreciate the adv...
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I recently purchased my first commercial property. 2 weeks ago the tenant reached out regarding a roofleak. We've had some decent monsoon storms and it has backed up roofing companies. I decided to have my handyman pa...
I've been reading up a bit about preforeclosures and the possibility of wholesaling them. I have a database that sends me a list of preforeclosures anywhere in the US. Just today, there are 27 preforeclosures in a zip...
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Very general question as I know Phoenix is a huge market, lots of differences in neighborhoods. But overall, what is the viability of purchasing a vacation rental in the Phoenix MSA? Are there certain markets with loo...
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Hi All, Looking to get some thoughts and advice here. I'm currently looking to buy a nice "two family property" as specified by the city assessor website. The property looks like it was used by the previous owner as a...
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Is it Cap Rate of pad NOI + resell value of mobile homes?
$103,200 NOI / 10% Cap Rate = $1,032,000
30 POH * $10,000 resell value = $300,000
Park value or sell/buy it for $1,332,000?
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Find the warts
To get a lower tax bill you have to prove your home is worth less than City Hall thinks it is. If you want to cut your taxes, you have to showcase your home's warts.
And the first place to start is y...