We came across some trailer house units to possibly purchase and long term rent. All of them are rented now and have good cash flow. Several of them are not in the best condition, so we are looking at probably purchas...
My first tenants moved out the other day so I went over to the property today to change locks and do a few other things. I was surprised to see how dirty the property was. There was no damage to anything but they had...
Where can I get a wholesale contract?
I have my own opinions about Zillow's accuracy for valuing property. But I want to know yours. It's one of the most visited sites online and so many people trust their values because it's strong brand online.If you us...
I recently switched management of my three family over to a management company and they handled new tenants moving in. When I do the move in, tenants sign a condition statement that includes "smoke detector batteries...
am trying to close my first deal. It's a town home with the hoa under litigation. The litigation is non structural. We still put a financing contingency. Worked thru mortgage broker and got a conditional approval with...
Do you use a specific wording about WHAT and HOW your property is clean and returned to receive their security deposit? As in....steam clean carpets, grass mowed,etc?
Any examples?
Thanks to all that answer.
Hi all,
I am new to the US rental market and have a few questions.
The item expenses, to be deducted from the gross monthly rent in order to achieve the NOI/cap rate/net gain, etc. is for me the biggest obstacle whe...
Should we use a hard money lender when looking to rehab and rent? or is there a better option? Take out a mortgage based on the ARV? I know people tend to use hard money lenders for flips, and mortgages for turn key p...
Soo...long story short. My mother owns my grandmother's home now and it is paid off. She does not want to turn it into a rental property, but I talked her into using the HELOC on it for me. The home is currently value...