
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.

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.

22 May 2024 | 3 replies
In short, a pre qualification letter is typically provided post receipt of an application and credit pull.
22 May 2024 | 2 replies
A handful of contacts and 1 applicant who has now ghosted us.

22 May 2024 | 2 replies
What networking are you doing to coordinate with your applications?

22 May 2024 | 5 replies
Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

22 May 2024 | 77 replies
I have locked up one deal off the application and have offered in person on 2-3 other deals.

21 May 2024 | 12 replies
If Tenant Defaults under this Lease, Landlord may exercise all rights and remedies available under applicable law, including the right to: (i) terminate this Lease; (ii) regain possession of the Property through an eviction or similar process; (iii) recover from Tenant all unpaid Rent, including unpaid Monthly Rent, Additional Rent, Late Fees and, if applicable, holdover Rent for the period prior to Tenant’s delivery of possession of the Property to Landlord; (iv) recover all Rent payable under this Lease for the period from the date of termination for Tenant Default through the stated Expiration Date, less the amount Landlord is able to collect from any replacement tenants for that period; and (v) recover allreasonable costs and expenses incurred by Landlord in repairing any damage to the Property, caused by the improper useby any Occupant or any guests of an Occupant, less any amounts obtained from the Security Deposit.

21 May 2024 | 4 replies
You still must pay for your own principal certificate, books, crash course, state exam, state application fee, fingerprint fee, and any other fee needed.

22 May 2024 | 31 replies
Appreciation, depreciation, amortization of the loan, and cash flow (and laundry machine or soda machine or parking money if applicable :) all blended to create my actual return on ownership of the asset.