8 December 2015 | 5 replies
I also have more than enough reserves to comfortably stash 8 months of expenses aside in the event of vacancies.Since my investor is an older gentleman and looking to secure himself some passive income for a while, part of our private mortgage deal was that I can't refinance before 10 years, but also that I must refinance before 15 years.
10 December 2015 | 8 replies
Tonight is not a regular "meeting" but vendors (insurance, real estate agents, property managers, etc.)
23 December 2015 | 22 replies
If you don't you've effectively reduced the security deposit you hold by $300.
18 December 2015 | 79 replies
Most living paycheck by paycheck are doing that because of a mindset- a mindset they'd have if they were committed to a regular corporate job.
15 December 2015 | 14 replies
Tenants should always have "skin in the game" namely the security deposit.
16 December 2015 | 7 replies
Sometimes the spikes and surges from those can fry things.For "no heat", it could be one side of the 240 V to the dryer missing, a bad heating element, bad regular thermostat, bad high-limit switch, or bad control board.
15 December 2015 | 26 replies
They basically agree with me that it needs to be vented when getting showers, and that it needs to be cleaned regularly.
18 December 2015 | 7 replies
I need to start shopping local banks/credit unions to secure financing for my (hopefully near future) rental property purchases.
2 February 2020 | 9 replies
A rental is considered to be an income producing property, so the house could then be sold utilizing all the normal and regular capital gains tax rules.
14 December 2015 | 11 replies
You may be required to have a sign out, that could mean an office, you'll probably need regular office hours, business phone for the public (as well as regulators).