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7 October 2024 | 1 reply
How do you screen tenants when applicant is a company?
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7 October 2024 | 2 replies
We use software that tells us risk levels of potential applicants to avoid these type of issues.
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8 October 2024 | 3 replies
I think it's an added benefit if you have an applicant that has a Tesla.
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9 October 2024 | 12 replies
Did you use a state-approved contract (if applicable in your area)?
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8 October 2024 | 5 replies
Also, the LLC does NOT eliminate any personal liability on the next loan application which is a popular selling point by ill informed DSCR brokers on this board (but they rarely mention the higher financing costs that come with financing in a LLC) IMO, proper insurance coverage is a better choice.
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7 October 2024 | 190 replies
Security is up to the user, not unlike how someone can store cash.
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7 October 2024 | 6 replies
Talk to a local nursery (not big box store) to get ideas for good trees to plant.
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7 October 2024 | 4 replies
We embrace S8 applicants, but screen them just like any other applicant.Many have an entitlement mentality and try to leverage their S8 voucher by pretending to be helpless:1) A percentage won't apply because they expect a landlord to waive application fees for them.2) Many cry broke and expect a landlord NOT to charge them a security deposit.3) Many of those same S8 tenants trying to avoid paying a security deposit, won't make an effort to call the list of nonprofits we send them that will pay their security deposit if they apply.4) A lot of them try to avoid paying for utilities.
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7 October 2024 | 3 replies
I am not running out to the store panic buying like people do when we get 1" of snow.
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8 October 2024 | 0 replies
The GDPR introduced comprehensive regulations on how organizations, including real estate companies, collect, process, and store personal data.