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5 November 2024 | 1 reply
Hello all,What do folks use as lease generators and reference material for other rental-related forms?
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14 November 2024 | 10 replies
Due to item 1, adding an ADU can require years to start achieving any return (once the accumulated cash flow recovers the initial negative position).4) Adding an ADU is a slow process.
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7 November 2024 | 15 replies
In August he switched to paying 50% to 75% of rent due and stopped communicating. its a month to month lease so i had to give 30 days.
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11 November 2024 | 2 replies
I have a chance to acquire a property that includes a mobile home park (100% leased) and a separate multifamily property.
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6 November 2024 | 1 reply
**Lease and HAP Contract**: Once the property passes inspection, you can sign the lease with your tenant, and HUD will set up a Housing Assistance Payment (HAP) contract with you to begin rent payments.
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13 November 2024 | 23 replies
For instance, not knowing what type of panels are on the naughty list in the eyes of the lender will trip you up during a DD period if you haven't underwritten your line item expense of replacing them.
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11 November 2024 | 5 replies
Hello @Michael Dallas,To verify the seller’s information, ensure you request these essential documents:Rent Roll (to confirm rental income and occupancy)Lease Agreements (to review tenant terms)Financial Statements (past 1-2 years, including income and expenses)Property Tax StatementsUtility Bills (if applicable)Maintenance Records and recent CAPEX reportsInsurance Policy DetailsInspection Reports (any recent or previous reports)These will help you confirm the property’s income, expenses, and condition.
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11 November 2024 | 5 replies
Hey @Chris Packer, with your building’s appreciation and solid lease potential, you’re in a great position, even with the cash crunch.
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12 November 2024 | 8 replies
For example, I didn't even think to ask about the "leasing season" in Fayetteville, AR because I'm from Los Angeles--every day is leasing season over there.
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12 November 2024 | 171 replies
Chick Fil A's are often ground leases where rent is heavily below market.