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26 November 2024 | 4 replies
If you just grab one off the Internet, it will have a lot of holes.
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30 November 2024 | 9 replies
Apparently they handle all property repairs and maintenance independently and have maintained a perfect payment history, even throughout the pandemic.Lease Option Agreement:Effective Date: November 1, 2022Terms:Purchase Price: $165,000Non-Refundable Down Payment: $10,000Lease Term: 3 years (ends October 31, 2025)Final Payment: $158,000 balance due upon term completionMonthly Payment: $1,150 (no rent credits)I didn't see this to be a deal because if in a the best case scenario my $25000 would walk away with 2400 which is about a 9% ROI.
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28 November 2024 | 2 replies
Now, some of these answers will depend on what state that property is in, how much equity you have, and a couple of other factors...but you can certainly seek out other lenders about a Line of Credit on an investment property.
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28 November 2024 | 13 replies
My monthly fees are as follows (handyman inspection $125, Cleaning $270 a turn (I collect this from guest), TAT&GET (collected from guest) Property Taxes, Insurance (I highly recommend you price this out, with hazard I pay $1,200 a year), internet/cable $100, Electricity $300 a month, AOAO dues $900 (association fees are increasing minimum 5% a year).
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23 November 2024 | 15 replies
We don't accept letters from three years ago or some quack on the phone with a credit card reader.
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6 December 2024 | 12 replies
Does paying with credit card, venmo, paypal etc.......still allow you to NOT SEND 1099s?
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26 November 2024 | 11 replies
Has the price of internet creeped up while you were in the home?
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29 November 2024 | 2 replies
Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.
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5 December 2024 | 17 replies
I give you guys credit for taking the leap and making it work for yourselves - id like to follow in your footsteps in he near future.
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27 November 2024 | 16 replies
Pre-internet, being a landlord wasn't easy, but it was straightforward (this is a gross oversimplification).