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28 May 2024 | 68 replies
AND you say that you also get there stated physical impacts, so with that your ASKING there assistance in coming to a REASONABLE Accommodation that both meet's there needs AND adheres to the rules of the property, other tenants and all applicable statues and regulations.
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23 May 2024 | 7 replies
For example, if you buy in Westwood most of your applicants will look like the rest of Westwood.
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23 May 2024 | 1 reply
I recently received an application from a potential tenant, and everything looks good so far.
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23 May 2024 | 3 replies
I have an applicant I'm going to reject soon.
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23 May 2024 | 5 replies
., 1 year)]Security Deposit: [Enter the amount of the security deposit]Background and Credit Check: [Indicate whether applicants will undergo a background and credit check]Rental Application Fee: [Mention if there is an application fee and its amount]Don't miss out on this fantastic opportunity to make our lovely single family home your own!
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23 May 2024 | 5 replies
I am currently running ads to rent out the entire property and will be able to bring in $500-$800 in cash flow after all property expenses and have received multiple application requests.
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22 May 2024 | 14 replies
Or I'll have to just decline the application?
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22 May 2024 | 19 replies
Regarding if you should DIY manage or hire a PMC:Many new investors read a couple of posts and then think self-managing their rental property, and avoiding PMC charges, is an easy way to boost their ROI.The reality, is that many of these investors really haven’t taken the time to properly understand what it takes to properly manage a rental property and the corresponding tenants.Here’s a list of some of the requirements to properly manage a rental property:Knowledge of all local municipality, state and federal landlord requirementsIntimate knowledge of all Fair Housing statutesUnderstand all federal privacy laws, as they’ll be handling social security numbers and IDsProper business insurance in the event their computer is hacked and or they improperly dispose of tenant data.Where to advertise their rental, other than ZillowWriting ads compliant with Fair Housing statutesCreating a process to accept calls/texts and schedule prospects to show their rentalA rental application and application fees that meet all local and state requirementsKnowing how to screen applicants to avoid professional tenants and the growing amount of fraudulent dataA lease compliant with all local, state & federal lawsUnderstanding local and state requirements regarding security deposit collection and holdingRent acceptance options for tenants and accounting system to track, including late fees, etc.Plans to handle nonpayment of rent issuesKnowledge of their local eviction laws or access to an attorney familiar with evictionsHow to accept, track and respond to tenant maintenance issuesBuilding a list of handymen and contractors for maintenance and turns between tenantsExpertise at evaluating tenant damages to charge against security deposit when tenants move outResearching local utility requirements to avoid suspension of services that could lead to frozen pipes or flooded basements, etc.
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22 May 2024 | 5 replies
A few important things I would be looking for:1) the experience and credentials of the broker who supervises the company as well as the lead property manager2) the services they offer and how they line up with your needs and expectations3) the use of technology to make their job and yours easier 4) if they have a landlord-tenant attorney on retainer to help guide them on legal issues (not to mention the creation of lease agreement, landlord forms and notices, etc.)5) their process and policy for a) listing, b) application, c) tenant selection, d) routine inspections, e) maintenance services, f) property and tenancy update reports to you, g) lease enforcement policy, and f) move-out process.6) property owner reviews (you can't always rely on Google reviews, because they may not reflect actual quality of the company, but still) 7) beneficial programs for both owner and tenant 8) a property management agreement that would indicate they know what they're doing and have the experience to know what matters in a PMA.
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24 May 2024 | 259 replies
Quote from @Yenusu Shaheed: I work in Real Estate in Dubai and right now Dubai is becoming one of the cities in the world with high return on investment because if you buy property in Dubai starting from 700,00aed you have 2 years visa 1M you have 5years golden visa with your family members , 2M and above 10 years golden visa and the safety of the country when it comes to investors , there Escrow account monitored by the government on behalf of the investors and the developers , cities now am becoming expensive due to high demand.