2 September 2021 | 4 replies
Mid May I gave one of my tenants notice to vacate July 1.
9 November 2021 | 5 replies
Aug 17 posted 30 day notice to quit, squatter says he's actively looking for new placeAug 23, 2021 local power company posted 3 day notice to pull meter (or bring in contract, which squatter does not have)Aug 23 was last day we saw squatter living at cabin (we can see from our living room windows)Aug 26 power company pulled meterAug 27 CPS agent comes and documents living conditions Aug 27 posted a 7 day notice to evict due to hazard/danger/health conditionsAug 30 squatter and former tenant (she was in jail since Nov 2020 and this was her first time back on the property) stop by for 10 min, leave with an armful of paperwork, leave behind 4 flea bombs (the house is FULL of food waste and dirty clothes).
3 September 2021 | 2 replies
We just try to make use of trending designs and finishes that put our homes in the top 10% of listed homes on the market so that they move fast.When you say you have some good deals there, does that mean you have them under contract or just noticed inexpensive prices?
2 September 2021 | 1 reply
You may want to double check your numbers. 1.5% or even 1.6% on a fixed 30 year loan seems off, as a result that will increase your expenses, and decrease your monthly cashflow (probably putting you close to zero if not negative).
13 September 2021 | 5 replies
And as long as he purchases in total at least as much as his net sale he'll defer all tax.There are lots of opportunities to decrease his management headaches including NNN commercial properties, DSTs, managed multi family, or resort or company managed vacation rentals.
5 September 2021 | 3 replies
In TN it's considered "ate" on the 5th, but I sent them a email reminding them of the late fee and letting her know of the "Pay of Vacate Notice".
7 September 2021 | 8 replies
I noticed there's a ton of buyers out there looking for a home but can't afford the high cost of a fixed up home.
7 September 2021 | 13 replies
Many states require an LLC to borrow hard money. (3) Decreases liability, minimally, from legal action.Cons: (1) Costs to own and upkeep. (2) Often adds a costly step to buying property, as banks tend not to lend for single family housing directly to an LLC and therefore must be transferred from personal ownership into LLC. (3) Only limits liability if set up correctly—and many aren't. (4) Transfer from personal name to LLC can trigger "due on sale" clause.I'm probably the rare one around here who owns all my rentals under my own name.
7 September 2021 | 44 replies
I noticed that your screen name did not give a location.
5 September 2021 | 2 replies
Hi, There are just a few things that I noticed.