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9 December 2024 | 15 replies
I've seen you post a few times about 70% max leverage but 75% is widely available, at lease with non-conventional 30Y DSCR loans.
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3 December 2024 | 21 replies
Bonus question: Should I execute the leases under the business name and tenant’s name, or should the leases be in my personal name and the tenant’s name, considering the loan is in my name?
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5 December 2024 | 3 replies
A master lease to the organization structured with an annual escalation clause and a term limit - like up to 5 years - was a recommended way to get a contract.
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5 December 2024 | 7 replies
First, get everything you can about your properties: leases, tenant contact info, etc.Then find a new PMC!
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9 December 2024 | 9 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.
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3 December 2024 | 3 replies
Quote from @Arvand Sabetian: Does your lease state you're providing internet for the tenants?
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4 December 2024 | 8 replies
I myself have a 1/1 apartment on Davis Islands near the hospital that I'm considering renting to traveling nurses.The problem with rental arbitrage is that you need leverage as the renter to negotiate assignable lease terms with your landlord.
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4 December 2024 | 3 replies
He paid monthly for 14 months until he forgot a check, got hit with a late fee, then paid the remaining 10 months in one check.He moved out at the end of his lease with no issues.Of course, this is the exception, not the norm.
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4 December 2024 | 4 replies
When I market my long term (1 year lease) rentals as available I have only ever used Zillow and Apartments.com.
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7 December 2024 | 4 replies
We were able to rent it out for $4,750/month the first year but the tenants moved out at end of lease in October, and we've been trying to fill the property since.