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24 February 2017 | 10 replies
I use Rentec Direct, it's a full web based solution which I do access routinely from my phone.
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4 April 2017 | 94 replies
You have the same choice with your PM.With that said, I will routinely scale my leasing fees back for higher priced units.
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21 February 2017 | 6 replies
The actual money may be maintained in the same reserves account, but, the way they are accounted for once spent are different.Maintenance and repairs are part of your ongoing operating expenses and are items that are relatively small in costs and routine repairs.
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25 February 2017 | 5 replies
If you sell one, you could get one more property mortgaged, but if you try to get two then it will probably really be cutting it thin on the DTI and I'm sure it will be hard to buy the second one all-cash unless you are looking in an area that you are uncomfortable in.
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22 February 2017 | 2 replies
It's great if everyone would all get along, but from a business perspective things could get uncomfortable pretty fast with another person in the property that isn't in your group of friends.
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24 February 2017 | 2 replies
If anything comes up in the inspection with which you're uncomfortable, you can go back to the seller and ask for concessions or cancel the contract outright and receive your earnest money back.
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27 February 2017 | 19 replies
I doubt your other tenants are making up stories, or racially discriminating, they're telling you they feel uncomfortable.
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18 August 2019 | 58 replies
Its a sticky uncomfortable situation
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28 February 2017 | 7 replies
I have learned that a routine repair at a rental property can be thrown totally out of proportion by the tech, handyman, professional saying something that the tenants misconstrue when fixing a problem after a tenant calls me with an issue....
21 January 2017 | 11 replies
If the current owner has awful tenants and a property in disarray, who knows if he has skimped on routine maintenance, leading to a lot of deferred maintenance (which you need to underwrite into your financial modeling).Keep this thread informed as to your progress!