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14 October 2024 | 4 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
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12 October 2024 | 11 replies
If you want to know if it will affect their portion of rent, this is usually based on 30% of their income and Section 8 covers the rest.
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17 October 2024 | 23 replies
MARKET rents cover all the payment plus a dollar.
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16 October 2024 | 27 replies
There's a course on Udemy now that covers more than foundation but goes through the process of how to get leads, convert them to clients, and how to get the unclaimed funds - showing you how to start your own overage business.
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8 October 2024 | 15 replies
Guests want to come by early, surprising my cleaners or wanting to drop luggage off early.
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14 October 2024 | 6 replies
So logging those conversations, meetings, or site visits you’re involved in will cover you.Using a spreadsheet to track everything can make life easier, especially if you’re logging hours often.
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15 October 2024 | 26 replies
Fully insuring you properties and adding a umbrella liability policy will probably cover you 99% of the time8.
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13 October 2024 | 6 replies
Make sure you cover the roof, windows, sheds, landscaping-everything.
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12 October 2024 | 3 replies
They can only provide a general liability-only policy through Lloyd's, which doesn't cover the physical structure or contents.If anyone knows of a good insurance provider that offers comprehensive coverage, including protection for the structure itself, I would greatly appreciate your recommendations.
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16 October 2024 | 10 replies
doesn't come close to covering your costs.those are the types of things you have to plan for.