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16 August 2024 | 5 replies
Have you noticed stricter lending rules for cash-out refinances this year? How has that changed what you were planning to do?
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19 August 2024 | 4 replies
Or it could be a standard lease-option and we can use it right away.
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20 August 2024 | 10 replies
Hey Greg, pretty standard delayed financing (cost + repairs) and there isn't a timeline on that DSCR.
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18 August 2024 | 4 replies
I can only speak from my experience in college but landlords in Madison, WI primarily did year long standard leases (not rent by the room) and it was up to the students to find subletters if they wanted.
13 August 2024 | 1 reply
I will be renting out the home to an individual who will be sub-letting the home to an Assisted Living Facility.
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16 August 2024 | 2 replies
My research revealed that there was no broker specializing in automotive repair facilities in the Houston metropolitan area, so I decided to become known as the “go to” source for automotive facilities.
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19 August 2024 | 4 replies
Which are a point or more higher than your standard residential rates.
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20 August 2024 | 18 replies
You can set your auto-approve vs. needs-reviews standards, as well as instructions on who to call for what.
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18 August 2024 | 12 replies
Any company insuring your properties without an inspection most likely has a clause buried deep in their policy allowing them to deny claims for conditions found on the property that do not meet their UW standards and they will deny you claim based on "the house should have not been insured with them anyway".Although the inspections can be annoying look at it from the other side.You pay them 1000 to 3000 a year to insure a rental property where they agree to pay out possibly hundreds of thousands of dollars if it burns down or up to 1 million if a tenant slips on a bananna peel and falls down the steps or the tenants dog bites someone and since you didn't enforce the tenant having their own renters policy to cover the dog bite the landlord's policy is paying out.The insurance company is very much like your rich uncle backing your business venture - you run the business, he takes on the financial risk from disasters, and doesn't even get a say in who lives in the property.Your rich uncle asking you to fix the steps, put up a handrail, etc which is in your and his best interest long term.Do you really want to rent out a property with a busted front step and a bad roof that is going to leak sooner than later?
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19 August 2024 | 42 replies
The level of education, not to mention the high ethical standards enforced within the group, speaks for itself.We have a community of over 10,000 members committed to ethical business practices, and there is accountability for those who do not follow safety standards or ethics.