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27 December 2024 | 22 replies
Some examples:Section 8 typically covers 80% of the rent (depending on tenant income), with tenants responsible for the remaining 20%.
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4 January 2025 | 28 replies
And what kind of MBF do you get out of a typical stem.
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26 December 2024 | 10 replies
Also, while you might have to put down 40%+ in some countries, it isn't typical and, again, it's not the case in some of the countries you mention.
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18 December 2024 | 9 replies
One of the best times to implement value add is when there is turnover so that is typically when the owners hear from us.
29 December 2024 | 9 replies
Typically when you see "cash only" the agent doesn't believe the property can pass a home inspection which isn't relevant for construction loans in most instances and there are plenty of banks, hard money lenders etc. who offer construction financing on distressed buildings.
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29 December 2024 | 14 replies
Most states allow you to hire your own adjustor to come up with your own damage amount and then argue with the insurance company about.The insurance company will want to see the signed lease, proof of funds the tenant paid and confirmation the utilities were on and preferably in the tenant's name.
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24 December 2024 | 3 replies
Typically you aren't buying a fixer upper with a conventional loan.
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21 December 2024 | 2 replies
Another avenue would be to call your utility companies and ask about installing additional meters.
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28 December 2024 | 13 replies
ALSO, I have not had to do an eviction following a partial payment agreement (so I don't know exactly how that would pan out in our courts), all of my tenants have so far completed their payment agreements as signed.Multifamily Northwest has forms for these types of things available via the Rental Forms Center at https://rentalformscenter.com/ Their forms are typically well reviewed by local attorneys; as you'll note, on the Partial Rent Payment Receipt there is verbiage specifically about if the landlord has/has not served a termination notice and reserving the landlords right to eviction if the agreement is not completed.
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26 December 2024 | 7 replies
You’ll typically find professionals or higher-income renters in these neighborhoods, so it can make a big difference when it comes to peace of mind and property maintenance.