Drew Sygit
New Michigan Law: Landlords Can't Discriminate on Tenant Income Source
21 January 2025 | 11 replies
.: I haven't passed this past legal review so for what its worth: Part of my standard requirements for everyone include income is at least 3X rent, minimum credit score, say 640, Clean record and no evictions as well as deposit is paid in full at signing of lease and 1st month rent is paid in full prior to handing over the keys.
Katherine Lewis
Success w/Marketing to Special Occasion Groups?
13 January 2025 | 5 replies
You could certainly reach this demographic, but it could also cost you substantially more than the return.For the money, your best bet is probably a dedicated website for your property with the key words that you want to convey.
Erick Pena
Excited to Start My Real Estate Investing Journey!
15 January 2025 | 9 replies
My suggestion would be to select someone with the most forum posts or most reviews.
Michael Poloncic
Tenant breaking their lease
9 January 2025 | 8 replies
You will want to consult with a lawyer.In regards to your last two questions here's some background on what makes a contract valid and enforceable:Offer: A promise to do or not do something within a certain time period Acceptance: A clear and direct statement that all terms and responsibilities are accepted Consideration: A legal and adequate inducement given in exchange for the promise Capacity: The parties to the contract must have the legal capacity and competency to contract Awareness: A party must be aware of the contract Legality: The contract must be legal in the jurisdiction it will be operating in***Not legal advice*** Steps I would take: -Review contract in detail to understand each counterparties responsibilities (if you are not aware)- Email a copy of the lease to each of the tenants listed on the lease and reiterate lease expectations for termination notice, rent payment etc. - If the lease was signed via Docusign (other esign may have same ability) - you can go to the envelope, go to history and view the IP addresses for each action taken.
Brenden Stadelman
Is The Investers edge legit?
16 January 2025 | 16 replies
They have 4.8 stars out of almost 1000 reviews, and the BBB gives them an A+ rating but they require 4 to 6 thousand dollars up front to work with them.
Chris Pew
Anyone with experience working with Total Quality Lending
2 January 2025 | 3 replies
Chris,What are you looking to finance or accomplish I ask because with a quick Yelp review there are some negative reviews.
Jermaine Washington
Tenet has abandoned property without paying rent.
13 January 2025 | 11 replies
Ensure that you thoroughly review your state regulations and display the necessary notices before changing any locks or removing any items left behind.
Ryan Rubel
Short-term rental purchase, north county coastal. How realistic is this plan?
4 January 2025 | 5 replies
Quote from @Brandon Foster: Hello Ryan,STR is do able in the north county area but there are a lot of rules and regulations.The city of Oceanside right now will not allow anything STR unless it’s west of pacific coast hwy.This is changing a lot too so you need to be aware of that in your plans.Carlsbad is super strict too but there are some condos that are still available to do STR in.Medium term rentals are as safer bet but way less profitable.
Jacob Campbell
First Rental Property - TurnKey Options
11 January 2025 | 2 replies
We vetted a handful of "turnkey" companies and REI Nation was the best in terms of reviews across multiple sources.