10 August 2016 | 12 replies
I would definitely get your own professional maintenance and just have full market rate tenants to offset.There's no telling what her level of true "maintenance" is that will cost you more in the long run from hidden issues than you'll save via a rent arrangement.And out of principle alone, she will give you issues over this $100 discrepancy and has the power to cause you problems (neglect, bad mouthing to other tenants, etc).Goodbye to her IMO!
22 June 2016 | 6 replies
I ask applicants about discrepancies, look at social media, and now I visit their current home to get an idea of what my property will look like in the future.
23 December 2015 | 5 replies
If they give you a phone number for their work or supervisor, google the business and ask for the HR dept, instead of using the name and number they gave you.Any lies or discrepancies they give you are valid reasons to deny them.Pay for every single type of check you can do on them, credit/background/criminal/eviction/identity, etc.
1 January 2022 | 15 replies
Since then Ive been trying to analyze different properties here to see if the investment is feseable or not.Since we dont have a culture for investment analysis in SFR Homes, there is not much precendet on the matter.The problem.When starting to analyze property, i realized some major discrepancies on how the market dynamics are different:1.
4 June 2015 | 6 replies
In short - Just looking for some ideas of how we can become partners given the age discrepancy and vastly different investment horizons.
19 June 2015 | 42 replies
If and when there is a discrepancy the bookkeeper can go back and review the details of each individual payment.
20 June 2016 | 37 replies
The owner I worked for had a separate local account so it would be easy for me to take care of the deposits and any discrepancies with deposits for the property I managed.But, he withdrew that money into his own main account, where he put all of his other deposits from his other properties.Once in a while, the bank will screw up and not credit a deposit, so you need to be prepared for that.
18 October 2024 | 7 replies
Also, agree on how the property will be used, who can live there, and under what conditions.Contribution Reconciliation: Determine a process for handling situations where one party cannot meet their financial obligations or if there are significant discrepancies in contributions to expenses.Legal and Professional Fees: Decide how legal and other professional fees related to the purchase and management of the property will be shared.Taxes: How will the tax advantages be divided?
15 August 2014 | 6 replies
As I have heard there are always wide discrepencies when using online tools to establish values for a given area.I came across a site called rentometer.comI have looked through the site and it seems to have vague actual (historical and current) rental values for a range of SFR's, condos, town homes, etc based on room count.Of course there will be different finishes in each home or views involved or site specific items... but for a quick look up of rates it seems to be okay.Does anyone else use this site in the Seattle area?
28 June 2021 | 18 replies
Generally the only time this happens is when there is a discrepancy between the tax rolls and the observable situation.