
28 June 2024 | 5 replies
To address this, we verify the property owner per government records and use this information to vetimposters.Anything that seems suspicious will lead to us requesting an acceptable Letter of Explanation toaddress.Analyze IncomeMany landlords require a month of paystubs from applicants and just use these to calculate a monthly qualifyingincome.

27 June 2024 | 13 replies
I've had to decline many loan requests because the income production doesn't cover the expenses and there's no way to make the math work.

26 June 2024 | 3 replies
Take Photos: Capture images of the incomplete work, the removed alarm system, and the broken tile.Written Records: Keep a written record of all communications with the contractor, including dates and details of conversations.Scope of Work: Check the contract to see if it explicitly mentions the removal and reinstallation of the alarm system, as well as any handling of fixtures like the fireplace tile.Breach of Contract: Identify any clauses that the contractor has violated by not completing the work or causing damage.Formal Letter: Write a formal letter to the contractor outlining the issues, referencing the contract, and requesting a resolution.

26 June 2024 | 12 replies
I’ve been reviewing the forums but it doesn’t seem like anyone Is getting responses to GC request...Would you have any recommendations?

26 June 2024 | 5 replies
If it doesn’t meet that criteria, it would just be treated as an early termination request, with whatever penalty is in the lease, and both would have to agree or remain responsible through lease term.

25 June 2024 | 1 reply
At the bottom you can look at references written by BP members and actually interact with the writer through BPs message system.I'll reach out with some information and a colleague request.

24 June 2024 | 20 replies
That is why you should request to review all contracts related to the property (not just leases, but other service contracts too, like pest control, cable tv, etc. that the owner may have) during your due diligence period of escrow.

26 June 2024 | 17 replies
Regarding not good credit, I usually request a co-signer and copies of their bank statements showing that they have sufficient reserves in case anything arises.

25 June 2024 | 16 replies
I hate when I need to request a change order, but it still happens.

25 June 2024 | 10 replies
We are not at the stage yet where you should spend tens of thousands of dollars on an attorney filing a lawsuit or requesting arbitration.