
7 November 2024 | 22 replies
Once a month we drop off all the paperwork, they record everything in QB.

4 November 2024 | 8 replies
If you set standards and stick with them, you'll catch shenanigans like this.The policy should be that every adult passes your screening, period.

4 November 2024 | 7 replies
My wife and I use Avail to find, screen, and manage applicants.

6 November 2024 | 12 replies
Every property of interest must be evaluated based on current and future performance.Current ConsiderationsTime to rentRenovation Cost & RiskInitial ROI and cash flowPurchase PriceMaintenance costAcceptable area rental restrictionsIn an area that is doing well and likely to do better in the future.In the migration path of urban sprawl.Future ConsiderationsThe location has a track record of appreciation and rent increases.It physically matches the expected demographic changes for the foreseeable future.Buy what your “customer” wants to rent, not what you think is a good property.

30 October 2024 | 3 replies
For the most current ownership info and sales history in Cumberland County, try the Recorder of Deeds Office—this is where you’ll find detailed property transaction records, accessible online through a service called Landex on their website.

6 November 2024 | 8 replies
I think the only legal way a seller could get that assurance would be to close the loan in 2nd position, and after everything was recorded you sign a new promissory guarantee or other collateral in case of default.

11 November 2024 | 22 replies
You're going to need to pull local mechanics lien laws to determine whether a vendor needs a written contract with the owner in order to record a lien.

5 November 2024 | 29 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.

6 November 2024 | 6 replies
For the record the floors slope in 7-8 of my buildings that are all 70+ years old and not a single tenant has complained.

3 November 2024 | 15 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.