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All Forum Posts by: Andrea M.

Andrea M. has started 24 posts and replied 553 times.

Post: The Most Landlord Friendly States

Andrea M.Posted
  • Real Estate Investor
  • Hampton, VA
  • Posts 562
  • Votes 109

Also you don't need a RE attorney for evictions in Virginia, all the court documents are online so you can fill them out, print & pay your filing fees to file.

Post: Is rent due date based on the start date of a lease?

Andrea M.Posted
  • Real Estate Investor
  • Hampton, VA
  • Posts 562
  • Votes 109

Prorate from start of lease until the end of that particular month. End the lease the 1st of that month for the following year, which will bring you on track with other tenants.

Post: The Most Landlord Friendly States

Andrea M.Posted
  • Real Estate Investor
  • Hampton, VA
  • Posts 562
  • Votes 109

VA is pretty Landlord Friendly, for eviction you can get a court date in about 3 weeks, less if it's an emergency eviction. If tenant doesn't show up you get immediate possession. If tenant shows if landlord has to wait 10 days before filing Writ of Possession. Once you file the Writ of Possession Sheriff has 30 days to serve 72 hour notice, but it's usually less.

Total time frame for eviction approximately 1 1/2 month.

Possession orders are valid for 1 year from date, so even if you choose to work with the tenant regarding the  non payments, if tenant doesn't stick to his/her end of the agreement, you can still move forward to get possession of the property.

If tenant is late on rent twice within a year, you can evict.

Post: New Agent stuck on Step one.

Andrea M.Posted
  • Real Estate Investor
  • Hampton, VA
  • Posts 562
  • Votes 109

You can get our there and start looking at the inventory in various areas. you should know the product & areas in which you will be selling. Get familiar with the MLS , contracts & see if your broker has any in house training classes you can attend, also see if you can shadow a seasoned Agent within your office. Network, network, network check the policy on what you can/can't do online within your area so you are in accordance to build an online presence via Facebook/Twitter/Instagram, and use hashtags on twitter/Instagram, you will be surprised as to how many people search the hashtags and the leads you can get.

Don't mix your personal life with the online presence you are trying to build unless it correlates to your business.

Post: Real Estate Education

Andrea M.Posted
  • Real Estate Investor
  • Hampton, VA
  • Posts 562
  • Votes 109

When you are confident  with what you have learned & ready to apply what you have learned.

Post: Property Management In NY

Andrea M.Posted
  • Real Estate Investor
  • Hampton, VA
  • Posts 562
  • Votes 109

Not familiar with your area, but I would give it a try myself on managing the property.

Post: Property management transition??

Andrea M.Posted
  • Real Estate Investor
  • Hampton, VA
  • Posts 562
  • Votes 109

I would request copies of the tenant information, so I can notify the tenants of the new management, how maintenance request should be handled, and rent payments (due date, when rent is late & late fees).

I would think you can enter a unit with the owners approval if it the unit is vacant. If the unit is occupied, you would have to notify the current tenant. I typically give my tenants 24-48 hour notice or coordinate it around the tenants schedule.

Post: Buying - Multifamily - Rental Transfer

Andrea M.Posted
  • Real Estate Investor
  • Hampton, VA
  • Posts 562
  • Votes 109

Although I am not familiar with commercial sales , I think the information you are trying to collect is a reasonable request prior to closing . I am confused as to why the seller doesn't want to provide that information. I would think you have to honor the original lease dates & terms of the current lease, but notify the tenants of the new ownership, how/when/where rent is due & any late fees. Was your request written in to your offer?

also wouldn't the any security deposits be transferred/credited to you?

Post: Late rent and can't reach tenant

Andrea M.Posted
  • Real Estate Investor
  • Hampton, VA
  • Posts 562
  • Votes 109

Post pay or quit & go by the house when you think the tenant should be home.

Post: Reviewing the Lease

Andrea M.Posted
  • Real Estate Investor
  • Hampton, VA
  • Posts 562
  • Votes 109

We meet at the house the day of move in, explain all my lease paperwork.. section by section, we all sign, they pay whatever balance they may have, give receipts & their copy and I leave.