Saturday, July 31

Rental Property

BI-freelancer, contributor 2019, Investing, Landlord, Nordic, Passive Income, property management, Real Estate, Real Estate Advice, Rental Property, side hustles, Strategy

3 costly mistakes I learned the hard way being the landlord of a 12-unit apartment complex

Ryan Lais is a career counselor for high school students with disabilities and real estate entrepreneur. After several years as landlord of an apartment complex, Lais says he learned to communicate more with tenants. Ask your tenants to share any issues up front, and be on top of garbage and parking lot maintenance. See more stories on Insider's business page. LoadingSomething is loading. ...
bidding war, buying real estate, Freelancer, Personal Finance, Personal Finance Insider, pfi, PFI Bankrate, PFI Related Content Module, PFI-XAMP, Real Estate, Rental Property, Vacation Rental

I won a bidding war even though my offer wasn’t the highest, and it’s all thanks to 5 things I offered the seller

I bought a geodesic dome in Maine for just $100 over asking price by offering favorable terms. I let the seller move out when they wanted to, and let them leave their junk behind. I also paid cash, had a great agent, and put down a substantial deposit of "earnest money." Read more stories from Personal Finance Insider. "Good luck with that," people said whenever I mentioned my search for a cabin in Maine this year. Like many places in America, Maine is having a pandemic housing boom fueled by an urban exodus and those seeking a different quality of life. Yet, I did indeed close on a cabin just before Memorial Day Weekend. And at only $100 over the asking pr...