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6 January 2025 | 12 replies
Property manager (PM) 's lawyer continued the case to get the unpaid rent from the tenant.PMA between landlord and property manager(PM) has also expired so landlord got the property back , but when landlord requested to settle the account and the deposit( there is one month deposit from landlord also), PM refuses since the lawsuit is going on with the tenant, Additionally PM is still charging the monthly property management fees from landlord even though landlord is managing the property.Landlord is done dealing with PM and requested the PM to withdraw the lawsuit against the tenant ( landlord is aware that he will loose 2 months rent), PM came back saying they cannot withdraw the lawsuit since that will violate fair housing law.QUESTION:Does withdrawing unpaid rent case against the tenant violate fair housing law ?
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4 January 2025 | 3 replies
Hello @Yvonne Wang,The scope of work should include the following:- Basic info: Property address, client name, contractor's contact info, address, license#'s, signed general/operating agreement b/w contractor and client- Specification of repairs: Repair item, Quantity of items needed, total & per unit cost of items, taxes (if applicable), Completion hours, title of the person responsible for the repair item, written summary describing the work- Add'l info: Schedule of repairs, additional payment schedule details i.e. disbursement schedule, method of disbursement, deposits, holdback amounts, etc.The screenshot below highlights a couple of repair items.
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2 January 2025 | 9 replies
If you want to add it to places like affordablehousing.com then that gives you more exposure.
23 December 2024 | 9 replies
I had many situations where the paystubs was altered or they were using one from someone else.
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13 February 2025 | 95 replies
Ask one additional question you "forgot" to ask at the meeting.Scan and toss any relevant business cards you picked up.Never feel pressured at these meetings.
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6 January 2025 | 7 replies
If you ever want to discuss strategies, share experiences, or need additional resources, feel free to reach out.
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9 January 2025 | 17 replies
As someone who used to provide housecleaning services on their own time, in addition to being an acquisition specialist, I'd say if she has written terms for that or a website or service page stating that to agree to pay her.
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6 January 2025 | 6 replies
Even a brief consultation can clarify your legal standing and provide additional strategies tailored to Raleigh’s market.Have you considered asking other local landlords how they’ve handled early lease terminations?
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16 January 2025 | 12 replies
I use all of them:-Brokers-Platforms like LoopNet, Crexi (my favorite), and BiggerPockets Deal Finder-additionally, brokers often have access to off-market opportunitiesWhen dealing with brokers, I've found that you have to build a relationship in order to get a good deal flow.
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21 January 2025 | 14 replies
If you stick with the larger down payments, you’ll have more stability and less risk, especially if the market shifts, but it will slow down how quickly you can buy additional properties.