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8 November 2024 | 14 replies
ALL mine are 2, 3 %ish rule, all in 75k, rent will be 1700, All in 90K, rent will be 1800- 2k, all in MH 95k, rent will be 1700ish, 1% is VERY easy.BTW NEVER buy the prop just because its the 1% rule, MASSIVE mistake.
10 November 2024 | 19 replies
Also, unlike Mexico, where it was tough to open a bank account, getting one in Colombia was straightforward, and I found a bank that doesn't charge for transactions.So, my conclusion from experience, Cancun still for me more expensive.
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4 November 2024 | 1 reply
It considers factors relevant to renting, like payment history and outstanding debt, so a low ResidentScore can indicate a higher rental risk even if it’s not a traditional credit score.For declining an application due to a low score, here’s a respectful and straightforward way to word your response:---**Dear [Applicant’s Name],**Thank you for your interest in renting [Property Address].
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4 November 2024 | 2 replies
Her husband was a known drinker with a history of conflict, and it was clear that a straightforward eviction wouldn’t be easy.
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11 November 2024 | 65 replies
I will be really interested to see what stance BP rules committee takes.
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11 November 2024 | 36 replies
Simple rule of thumb is demo, then most inner to most outer, meaning: studs, plumbing/electrical, drywall, etc going to outside, then/together with top to bottom.
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8 November 2024 | 7 replies
The 70% rule is more like a heuristic, depending on the property you should go lower or higher on the offer.
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8 November 2024 | 19 replies
I accept them and mitigate the risk by (a) screening the animals, (b) having a solid set of rules that are quickly and fairly enforced, (c) regular inspections, especially for cat units, and (d) charging a monthly pet fee.Let's say I have five single-family homes.
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8 November 2024 | 4 replies
This is better than not speaking with your aunt, letting the problem linger and likely worsen.From my experience, in New York, the ultimate decision will depend on many factors and Liberal judges (as told to me by others with way more experience in these matters) can rule in favor of someone with a sob story. i.e.
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14 November 2024 | 24 replies
My rule of thumb is, if you have to ask if they are legit then they probably aren't.