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14 October 2024 | 7 replies
I was confused as why he decided the last day he had to stay , he was mostly moved out , then he got very emotional but didn't offer any specific details.. so he paid that day in cash with slight increase of rent and had him sign a 1 year lease.
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15 October 2024 | 5 replies
- DSCR = Net Operating Income / Annual Debt Service - If the DSCR is above 1, it's generally a good sign.- You mentioned you don't need the money right now, so holding onto the property could provide long-term rental income and potential appreciation.Here’s what you should consider:- **Financing Costs**: If you decide to rent, ensure you factor in all expenses, including mortgage payments, property taxes, insurance, and maintenance.- **Market Conditions**: Check the local rental market to see if $1450 is competitive and if there's a high demand for rentals in your area.- **Long-term Goals**: Think about your long-term investment strategy.
17 October 2024 | 6 replies
It's not a bad idea to sign up to their lists, but don't take their metrics at face value. 99% of the time it is exaggerated and unrealistic.
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13 October 2024 | 22 replies
From what i've seen, due to the way the city worded the form with this LAIC taking financial responsibility, I'm having a hard time finding anyone who will sign it.
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15 October 2024 | 7 replies
Also the interview is a big part of decision making, because most important is to have a person who is responsible and keeps your property clean.We don't look at bank statements, but we do want to see the last pay stub before we sign the lease and make sure the employer and the amount matches the application.
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17 October 2024 | 21 replies
In San Bernardino county where I live I believe three sets of plans have to be signed stamped and approved by engineer.
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14 October 2024 | 1 reply
In one of the cases the owners died, so we are having to find all heirs and gathering death certificates to show that the heirs are the people that can sign on the property.
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14 October 2024 | 13 replies
These small municipalities are all in Brevard County.I got a State license and signed up to pay State taxes.
18 October 2024 | 34 replies
To add additional context, I would personally be more willing to sign my name onto a $6M mortgage collateralized against a $10M asset in an "A" market that has historically low vacancy rates, no deferred maintenance and is located in a stable market with a rent roll that covers the debt services and operating expenses with reasonable cushion for reserves than sign my name on a $90,000 loan collateralized against a $100K property in a C/D unstable market with high vacancy rates and where capex will disproportionately impact operations.
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14 October 2024 | 1 reply
Cant rent due to HOA caps, but I sign a contract for deed to Charlene where she pays me $2,000 security deposit (down payment) and $2,000 a month for 12 months.