10 March 2024 | 7 replies
In this scenario, both are transferring from personal names to their Holding Company for asset protection, indicating good intent.
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10 March 2024 | 3 replies
A tenant complaining online might indicate that the property manager handled them appropriately, so be sure to ask the manager for their side of the story.7.
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10 March 2024 | 5 replies
This family is currently searching for a home, and our agent, who also represents them, has generously offered to waive any commission for connecting us.After outlining our standard tenant qualifications—which encompass application requirements, income verification, rental history, credit score, background checks, a non-smoker policy, occupancy guidelines, pet policy, application fees, and move-in costs—our agent indicated that the extensive discussions and adherence to these requirements "equals a full commission of one month's rent."
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12 March 2024 | 168 replies
Stock indices have withheld the test of time, that's where I've placed my savings as I wait to gather enough knowledge/cash to invest in a property.
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9 March 2024 | 21 replies
Zillow is not always the best indicator of market value.
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9 March 2024 | 17 replies
Increased investment and job creation in some sectors indicate economic progress, however, the long-term sustainability of these efforts remains uncertain.
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9 March 2024 | 11 replies
One other thought - I've successfully added a clause in the lease that indicates if I have to go to court and get a judgement to collect money for anything, the tenant is on the hook for 7% per year interest on that amount.
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8 March 2024 | 4 replies
Instead of focusing solely on debt amount, assessing the debt-to-income ratio (DTI) is more indicative of a tenant's ability to manage rent payments.
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9 March 2024 | 26 replies
Keep an eye out for indicators of population increase or steady housing demand.The BRRRR approach may be appropriate for older properties, particularly if they require renovations.