19 July 2024 | 58 replies
I collect 10% gross cash flow on each.

15 July 2024 | 6 replies
If you have a lot of doors, any claims you're paying out (again, with your time spent dealing with issues) are generally offset by the premiums you're collecting from doors that don't require any or much attention.The fee structure should be transparent and easy to understand, and it certainly should be on the PMCs radar to avoid "project management" when possible.
14 July 2024 | 5 replies
Rental portal to collect rent2.

18 July 2024 | 40 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.

15 July 2024 | 50 replies
At that time, the County Treasurer issues his tax execution to the County Tax Collector who is charged with collecting delinquent taxes, assessments, penalties and costs for collection.

14 July 2024 | 6 replies
LindaMost statutes don’t allow you to collect double rent, the previous tenant would need to be pro-rated back for that portion of time you let the new tenants occupy.

14 July 2024 | 6 replies
This change is significant for the financial feasibility of ADU construction in Chicago since water service costs can be more easily justified when collecting rents from two additional unit.Also proposes to allow larger units and to allow ADU construction in any zoning designation.

14 July 2024 | 17 replies
To my understanding the law states here that you either have to have an ownership interest in the property or you have to have a RE brokers license to collect and enforce a lease.Collecting rent and enforcing a least for Properties in an LLC:1.

15 July 2024 | 26 replies
That comment specifically relates to the investors who believe they are better protected by having a separate LLC collect rent and perform management functions independent of the deed holder LLC.