30 October 2024 | 94 replies
FHA has the appraiser check inspect the house for health/safety and to make sure there is good life on the roof and systems. 2.
21 October 2024 | 1 reply
ROI factors in rental income, operating expenses, real estate market health, and property appreciation to assess the potential return.
15 October 2024 | 8 replies
While they are good communicators, experienced with Section 8, and their software for rent collection is solid, we're increasingly concerned about a few key issues and would appreciate input from anyone with similar experiences:Turnover Fees Transparency:The turnover fees seem high, and despite our requests for itemized breakdowns and man-hours to justify these costs, we feel they may be taking advantage of our out-of-state position.
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22 October 2024 | 12 replies
Most tax professionals do not advise their clients to utilize this approach and it may raise concerns under IRS examination.
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20 October 2024 | 8 replies
Since then we've had two more showings, and a verbal offer over the weekend for $235,000 which then became $215,000 because she's concerned there "might" be mold in the house, although when asked by her agent why she thought that she hasn't given any specific reasons...so not sure what to make of that as the house is completely mold free to my knowledge.
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17 October 2024 | 19 replies
You can always request Medical Documentation: Request documentation of her medical situation and a letter from her doctor to make sure her condition will improve and ask if she is up for taking care of the property while she is recovering.Check Her References: Contact previous landlords for references to get a sense of her reliability as a tenant.Lease Terms: You can always start with a 6 month or a 1-year lease option if you have a good idea of her overall health condition.
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20 October 2024 | 4 replies
concerns about safety/fraud , taxation etc...https://cocodevelopmentgroup.com/boulevard-villa-bali/PDF of payback calculations https://drive.google.com/file/d/1FQca4xOb7Dgxy9o5-UP8wvXuZCo...
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18 October 2024 | 3 replies
If we determine that your dwelling should not be occupied because of damage or risk to property, health, or safety, we may, at our option, terminate this lease.
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19 October 2024 | 6 replies
I’m fairly new to the self-managing/property management business and certainly new to dealing with section 8 tenants.I have a potential section 8 tenant who has inquired about one of my properties and they are in their opinion “disgusted” with the way the carpet looks however up until this point in my efforts of marketing the property I have not had one complaint concerning the carpet.That being said she has requested to rip out the carpet, in turn to replace the carpet with hardwood floors.