
19 June 2024 | 5 replies
But since you are the NEW owner, any past storm damage is not covered now soooo....We are not fans of "Solar" so (did you catch that Roof Vent reference!?

20 June 2024 | 7 replies
A bit strange, I thought about this a bit and I didn't know if this could be signs of a sketchy scenario or if it was none of my business (besides the non-existent damage to the doors/ windows).

19 June 2024 | 4 replies
I have a separate addendum for pets as part of the lease agreement which outlines pet waste pick up requirements and a hold harmless agreement which cover personal and property damages on behalf of the dog and its owners responsibility.

20 June 2024 | 4 replies
But almost every realtor who does provides a level of service much lower than a PM because they do not:- Properly document the condition of the property before tenants move in, which hurts the owner on the back end when there are damages.- Market the property as well as a PM company, which increases vacancy periods and costs the owner money.- Properly / thoroughly screen the tenants, which increases the likelihood of a bad tenant and damagesNow, it can be done, but if you aren't even sure of what the industry costs are for PM services, I highly doubt you are currently skilled enough in the area to risk doing it.

19 June 2024 | 11 replies
Miami just had the biggest rain event in history without wind damages.

18 June 2024 | 0 replies
Regular inspections for any signs of wear, cracks, or water damage are advisable to maintain the facade's integrity.Parking and Access: The covered parking area is a significant advantage for tenants, but ensures the area is well-lit and secure to prevent any potential safety issues.Interior Features:Layout: The open floor plan with large windows ensures ample natural light, which is appealing to tenants.

18 June 2024 | 5 replies
I’ve dealt with water issues before including using water damage and remediation companies.

18 June 2024 | 3 replies
Jack MillerProbably but there is also a significant risk because these borrowers typically do not qualify for conventional financing so the default rate jumps from what is on average 3-5 % to well over 10%.Let’s say you get an extra $10 or $20k, I have seen borrowers do a lot more damage than that to a property as well.

20 June 2024 | 27 replies
They have straightforward eviction processes, no limits on how high rent can go, and not many rules on money kept for damage or how long someone can rent.

20 June 2024 | 26 replies
Again 20-30% is fair.I have an almost 100 year apartment building where I pay some of the utilities. 60% is a fair estimate and it's often more than that.I have a couple of older houses in 'bad areas' where the tenants regularly trash the property causing thousands of dollars in damage and move out in the middle of the night.