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11 February 2025 | 9 replies
I have my own lease and handle it with a paper document, that way I can walk the tenants through the property on move-in day with a move-in checklist and a short tone-setting discussion of what I expect from anyone who rents one of my properties.
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11 February 2025 | 7 replies
This link is the latest guidance and includes a process you can follow to screen and approve service or support animals: https://www.hud.gov/sites/dfiles/PA/documents/HUDAsstAnimalN...4.
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9 February 2025 | 15 replies
Also, you have all the documentation of the updates.
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29 January 2025 | 10 replies
Verifying last 2 years of rental history very important!
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31 January 2025 | 11 replies
@Charles Perkins is absolutely correct about "collecting all receipts, properly tracking all income and expenses and your basis for all assets properly documented and recorded."
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19 January 2025 | 18 replies
Many DSCR programs require an investor to have a mortgage history- there are some DSCR mortgage programs that will work with investors who are renting- some refer to them as first time home buyers (FTHBs)- DSCR loans are only for investment properties where the owner isn't living there.
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5 February 2025 | 13 replies
If I would require some documentation from the city, would that trigger them to do the property lookup?
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3 February 2025 | 5 replies
Our focus has been on documenting our strategy, creating work instructions for all of our processes, holding true to our buy box, and not overleveraging ourselves.
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27 January 2025 | 5 replies
It’ll save you headaches later if she tries to escalate things.Document Everything: Take pictures, write down the history of your interactions etcOffer a Transition Plan: Just like my client, I’d recomend offering her a temporary storage option nearby, or even a small rent discount, to show you’re not trying to kick her out - just keeping the property safe and up to code.
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30 January 2025 | 7 replies
If it wasn't for the character and history it wouldn't be worth it.