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16 September 2024 | 21 replies
I would share the cold hard tenant ledger and let the next LL decide how to interpret it.As far as lying, acting as someone's accomplice in a fraud make you both rather bad people and sort of undermines your stated reason for looking to do this in the first place.
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15 September 2024 | 7 replies
-Landlord reserves all rights to reject any or all applicants that does not meet the selection criteria set by the landlord.
14 September 2024 | 12 replies
What advice would you offer to someone with no experience to date with rentals in terms of selecting the best location to look for properties?
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14 September 2024 | 4 replies
I found all sorts of things to reference for an eviction including excessive damage to the property, signs of an animal, lack of yard maintenance, oil spill on driveway, smoke detectors removed, the unit smelled of smoke, appliances that came with the unit moved off site ect...
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15 September 2024 | 19 replies
I assume that you would have some sort of guarantee on the lease if there is a hail storm.
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13 September 2024 | 8 replies
That, a few podcasts, a few select books, and a couple of subscriptions choke full of info material (less than 100$/month), maybe a couple mentorship programs (for less than 2K/year), and a lot of action on your part and you'll be a lot better than paying $$K for "gurus".To rephrase, do you have more money than you know what to do with or an urgent need to get it to work for you, together with a lot of time on your hands ready to take massive action?
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13 September 2024 | 4 replies
For help with the section-8 process, it's very important to have a PM that's familiar and connected with the HUD programs in the selected market.
15 September 2024 | 33 replies
@Bridget Grant - in terms of your plans going forward, I recommend doing a risk adjusted minimum investment to get up and cash flowing while you get things sorted out with your lawyer.
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12 September 2024 | 14 replies
To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!
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13 September 2024 | 11 replies
Way too much risk but may work profitably in very select markets.