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13 February 2025 | 6 replies
There is also the International Property Maintenance Code.
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19 February 2025 | 2 replies
For example: Treasury may want to incentivize Freddie to refocus on regional, small lending products to reinvigorate smaller homebuilders/developers.
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11 February 2025 | 4 replies
We lean heavy on internal technicians to save the trip fees and only lean on 3rd party for bigger licensed work.
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31 January 2025 | 3 replies
Without this workout, the down payment requirements, current levels of interest rates and cost of the transaction would not be incentivizing enough to for investment.
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3 February 2025 | 3 replies
I've got the idea to more positively incentivize my tenants to pay rent by the idea expressed in the following example:- If they pay any later than five days late, they pay base rent ($1,000) + fixed late fee (e.g., $150)- If pay on time without autopay, they pay base rent ($1,000) + "manual payment fee" (e.g., $25 or $50)- If they use autopay for timely payments, they pay just the base rent ($1,000)In the above example, you see that a discount of $25-50 was applied in the case that the tenant chooses to setup autopay to schedule on-time payments via a given PM software.Please let me know if any software comes to mind and also any feedback on the positive incentive idea.Thanks in advance!
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19 February 2025 | 32 replies
The main reason is to incentivize affordable housing development.
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11 February 2025 | 13 replies
Hi David Oh-You asked about a profit sharing bonus for property managers to give them an ownership mindset and incentivize them to align with your goals for quality property management.I love this idea.While I do not have a formal profit sharing plan, I always like to recognize the property management company with gift cards to the operators and the people within the property management company I have regular contact with that help keep the property running well and keeping costs down.Related to this, a handwritten thank you card to the same people periodically goes a long way.I also like to do the same for the tenants that have been paying rent on time.To your success!
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14 February 2025 | 1 reply
This is my understanding so far: I’ll need an internal document agreeing to the formation of the series (anyone have an example of the wording to use?)
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10 February 2025 | 6 replies
Additionally, ATCP 134.05 says that if the tenant provides a consumer credit report from an agency that compiles and maintains files on consumers on a nationwide basis and it is less than 30 days old, the landlord may still run a credit check but at its own expense.When I inquired with the company, they replied: "These laws are in place to ensure that you, as a landlord, are not profiting by incentivizing multiple applicants to apply when you have no intent to rent to them.
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11 February 2025 | 0 replies
In my limited understanding it seems like the aforementioned brick needs to be reattached.It is my belief that the damage to the lintels, bricks and the internal water damage is due to the roof.