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10 June 2024 | 0 replies
This means that the seller will defend and protect buyer against right claims of third parties to the property (warranty of title) and no liens or encumbrances in the property (warranty against liens and other encumbrances) exists except on the items listed in the deed.
9 June 2024 | 12 replies
I happen to know that postal delivery people scan all items prior to leaving the post office, and not when they actually delivery the item.
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12 June 2024 | 47 replies
There are a ton of action items requested after the information overload that takes place without much proactive follow-up.For us, we didn't hear from Royal Legal after the attorney call for several months.
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9 June 2024 | 8 replies
"for $___/year, we provide "x" additional inspections")6) Liability policy that covers tenant intentional damage, criminal acts, and unpaid rent when skipped or evicted (through insurance provider that provides this kind of coverage)7) Financial reports per quarter (as whatever period makes sense to you) (this can allow you to advise the owner on the health of their portfolio)8) End-of-year review of the property to show conditions and suggested needed and preventative maintenance items 9) Preferred vendor discounts (requires a contract with a vendor to give better pricing)10) Eviction protection programs (this is usually done "in house" when you have sufficient number of units under your management to be able to offer this kind of program)11) Legal services (requires agreement with landlord attorney to provide those services at set fees)12) Professional photos option (for enhanced listing)13) Professional, licensed home inspection (this is more relevant for older homes to ensure safety and habitability are addressed) 14) HVAC filter replacement program (this can also be a program offered to tenants)15) Pet and ESA screening through pet screening vendor (helps to streamline and increase quality of screening)16) Client portal account for ease of communication, updates, reports, etc.
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7 June 2024 | 3 replies
Hello all, we are very green in understanding tax strategies for STRs and we're trying to understand how/what STR tax deductions can be captured for primary residences.
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10 June 2024 | 35 replies
Sorry I was not clear, the ITEMS /FOOD left in the fridge.
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7 June 2024 | 1 reply
Very likely a large buyer pool will include those that want to utilize the property as a primary and capture the rental income to offset of hack.
8 June 2024 | 6 replies
So that will more than likely fall on you to have to pay.If I were you I would get quotes for all the items on the inspection report from a few different companies and get a new updated appraisal to show the judge what the true value is.
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10 June 2024 | 15 replies
One more item is the zoning variance in Chicago is no gimmie, and even if you do get it upzoned, it will take months to get it upzoned.