Matt Weddon
Legally Rejecting Applications
2 January 2025 | 18 replies
However, if you've picked up on signs of potentially problematic behavior during your interactions, you might be able to highlight them by adding “good tenant conduct” to your list of standards.
Gamal Harding
Navigating the Surge in Rental Application Fraud: A Guide for Landlords and PM's
6 January 2025 | 4 replies
Use services that can validate the authenticity of documents and employment history.Require Detailed Applications: Ensure that the rental application captures comprehensive information, making it harder for fraudulent applicants to provide fake details.Conduct In-Person Interviews: Meeting applicants in person can provide additional insights into the authenticity of their application and allows you to ask follow-up questions based on the details they've provided.Utilize Professional Screening Services: Professional tenant screening services are invaluable for conducting background checks, credit checks, and criminal history checks.
Rafael Valdor
Renting out my townhouse: DIY vs. PM vs. Realtor
11 January 2025 | 14 replies
Leasing is a specialized skill—PMs deal with this daily, making them far better equipped to handle applications, verify income, conduct background checks, and evaluate a tenant’s overall suitability.Protecting Your Investment:The cost of a bad tenant can be far greater than the cost of hiring a professional.
Don Solt
Learn Everything I can about the Philly Realestate Market/Trends/History
1 January 2025 | 2 replies
Reason: I signed a new job offer at a nonprofit yesterday and having extensive knowledge of the real-estate market in Philly would be very helpful.
Christopher Alley
private money
3 January 2025 | 8 replies
Yeah make sure to thoroughly conduct background checks on private institutions you lend from.
Ken M.
What's Alive For 2025 - "What Is The Biggest Risk For 2025"
2 January 2025 | 0 replies
"What Is The Biggest Risk For 2025" And 13 Other Highlights From DB's 2025 Market Survey"The Deutche Bank 2025 global financial market survey had 471 responses from around the world, and was conducted between the 10th and 13th of December 2024.
Joshua Cole
Was I mislead in a deal involving cross colateralization?
14 January 2025 | 1 reply
They switch banks and ask for an extension and add another $2500 deposit as a show of good faith.
Don Konipol
COMMERCIAL Mortgage Broker Licensing Requirements by State
28 December 2024 | 16 replies
Recently had a conversation with an MLO who had their license with Company A (NMLS regulated) and then on the side, this person conducted commercial-only business loan-related activity by starting their own LLC (company B) in the states where no mortgage licenses are required.
Daniel Chen
Section 179 Question for rental business
4 January 2025 | 11 replies
But the rental too does have to meet the "active conduct of a trade or business" threshold, which does mean you wouldn't qualify to use section 179 if you have a rental that is managed entirely by someone else and you aren't at least overseeing it and making decisions about the management of it.I mostly disagree with the reply suggesting that you need to have an LLC to take the section 179 deduction.
Eric Lopez
Estimating Operating Expenses
19 December 2024 | 3 replies
Conducting a thorough property inspection or consulting a contractor can help identify potential large-ticket items you might need to replace soon.For make-ready costs, you can look at local averages for common turnover tasks like repainting, carpet cleaning, or minor repairs.