22 January 2020 | 4 replies
It just suddenly dawned upon me that I hadn't quite taken the opportunity to look back on 2019 as a whole and simply digest everything that happened - definitely a B-LU-RRRR (see what I did there).For the majority of the year my "day job" encompassed managing a 15 agent brokerage focused mainly on assisting others with buying and selling their primary residence, before eventually switching brokerages and starting a new team at my current brokerage.
20 January 2020 | 1 reply
I ended up getting a contract for 117 eventually, but ended up selling this property on a lease option agreement for 130k.
12 February 2020 | 6 replies
With that said, acquiring a park with park owned homes is not a complete deal killer as long as you have a smart strategy to convert the homes to tenant owned and the experience to renovate and sell them.
23 January 2020 | 38 replies
I would work to convert all leases to month to month as possible.
4 November 2021 | 19 replies
Typically, people stay in hotels or other lodging (AirBnB/VRBO) but I wanted to take a different approach.I would be looking to purchase a duplex with the intent to finish the basement and either convert to a full triplex if allowed or keep it as a duplex and rent out the basement separately.The Joint Travel Regulation (JTR) states that a member is not authorized lodging reimbursement if the member purchases or already owns a property that is used for lodging during official travel.It’s clear that I won’t be authorized reimbursement if I purchase the property under my name, but what if the title is under my LLC with me as the sole owner and rent out one of the units (probably the basement) to myself?
21 January 2020 | 4 replies
@Justin StetsonA very popular progression is for people to start with SFH investing and then eventually switch to MFH (from smaller to larger ones).
29 January 2020 | 5 replies
So, i have hit the 1% figure when I converted a small 1 bedroom into a 2 bedroom (APT) and when I bought a foreclosure and rehabbed it (SFH).
21 January 2020 | 6 replies
Either way if you serve them with a notice to quit (which is not the start of an eviction, but is a necessary step to eventually filing one) you will find out which it is because if people who fall behind never get back on track in my experience.
21 January 2020 | 6 replies
You will be bound to find someone who can help eventually here.
4 February 2020 | 47 replies
I'd be requiring a year pre-paid (non-refundable) of the insurance, one year term leases, non-renewable without another year of insurance.... eventually the tenant gets eaten up in fees and has no security deposit coming back at the end.