14 March 2024 | 60 replies
For instance, the Property Management contract does not specifically permit our company from sending our Dogs with our leasing agents to pee on your carpet when they show your properties.
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11 March 2024 | 3 replies
In this instance you collect your rent as the tenant is paid and the company either mails you a check (wage assignment) or splits the tenants direct deposit to send your portion to your bank.
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10 March 2024 | 8 replies
For instance, Rocket Mortgage mentions that a property may qualify as a second home if rented for no more than 180 days in a calendar year.
10 March 2024 | 7 replies
For instance, in your own name you might qualify for a 7% interest rate and if you closed in the LLC it would be closer to 8.2%.
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12 March 2024 | 21 replies
In this instance, like many we see, can your parents actually afford the home?
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11 March 2024 | 8 replies
Have you encountered instances where it looks like occupants are unwilling to vacate a property for sale, but attorney-in-fact who is selling property is assuring that the property will be vacant under request at any time?
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9 March 2024 | 5 replies
For instance, my partner owns a gym and was self employed for a year.
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9 March 2024 | 6 replies
For instance in screening if you want longer term tenants that isn't something the PMs screen for or care about.
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9 March 2024 | 9 replies
I'd also suggest running some for-rent ads, to see what type of response you get.It's notoriously difficult to accurately predict ARV on these types of properties, because they're so niche, and the market for them is usually completely different than the market for more standard properties...For instance, a lot of lenders won't provide a mortgage on a property for less than $100k--and if that's the case in your area, that would mean that the only potential buyers for the property are cash buyers, which makes selling the property more difficult.
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12 March 2024 | 250 replies
I am learning a lot I agree but in todays world where "seller financing" and creative financing are the next big thing, MOST of those situations neither party is getting title insurance.Here is an instance where I bought a property and had a title claim.