Jeremi Ramos
Does Multiple LLC Client = Multiple Management Contracts?
10 September 2024 | 6 replies
Often, this addendum would indicate such things as the date the original agreement was signed and include the new entity (and address) in the addendum.For some managers, they prefer having an agreement for each entity and if done electronically, the owner still has only 1 place to sign (normally).
Brent Seehusen
Renting to a Drug Rehab Facility
9 September 2024 | 5 replies
-The insurance market could change by denying/reducing coverage to addicts, putting this clinic out of business.The way I see it is even if the clinic shuts down and they break their lease, I could always rent it at market rate to a normal family, or I could just sell the property.
Joseph Weisenbloom
How do you handle tenant AC costs?
10 September 2024 | 8 replies
Normally the tenants understand.If you're having consistent issues with a tenant abusing the HVAC only (if they are abusing other items then it may be helpful to find a new tenant), I know some HVAC companies offer an annual plan with a certain number of visits per year at a flat fee.
Eric Honas
Pueblo, CO-Short Term or Long Term?
7 September 2024 | 12 replies
Maybe later on it will be, However, I don't foresee it in the near future.If you are in Pueblo, or need to speak to someone that is well connected with the city check out MATT & JENNY SMITH from WAKE UP PUEBLO.
Nathan Gesner
What is your eviction rate?
9 September 2024 | 9 replies
Those are not the inputs that normally stand out in the excel spread sheet when analyzing the C/D properties vs.
Miranda G.
Lenders for Earnest Money Deposit / Down Payment
7 September 2024 | 9 replies
Before you say 'you should have the money to get into a contract' I normally wouldn't be in this situation but I've just closed on a property that was all cash 2 weeks ago and a friend calls me on a property that's truly an amazing deal that I want to get into contract (has stable tenants renewing contracts above market, I can get for under market).
Jonathan Mueller
I bought Schitts Creek.....I bought a motel, now what?!?!
12 September 2024 | 58 replies
Actually only half of them are from Marinette Marine, the rest of normal people with long term jobs in and around Marinette/Menominee.
Nathan Gesner
What Do You Think About "Good Cause" Evictions?
10 September 2024 | 43 replies
Tenant advocates say it is due to greedy landlords without a basic theory of economics that increased risk requires increased return and that these rules lead to higher rent increases (good tenants penalized for bad tenants).As history has shown, the LL normally benefits from increased appreciation and rent growth but that is besides the point.
Ignatius Okeke
What is the top niche in REI?
9 September 2024 | 12 replies
The investors I normally move forward with are looking for the stability of LTR and the ease of a turnkey product.
Cosette Trantow
In desperate need of help
12 September 2024 | 27 replies
Normally when the contractor disappears this means they are in jail for not paying child support.