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31 May 2024 | 2 replies
Would that cause an issue in the future?
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30 May 2024 | 7 replies
We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
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29 May 2024 | 14 replies
I am very sorry to hear about this.FREC does have funds for owners that been harmed by licensed real estate agents in the state of Florida.
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2 June 2024 | 26 replies
In my opinion, it's not a cause for concern.
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31 May 2024 | 11 replies
If you have a specific term contract with the PM with no early termination clause, then it would be a breach of contract to terminate early without good cause (i.e. the PM materially violated the agreement).
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3 June 2024 | 47 replies
--all of which can be useful info, because it will help you understand the potential causes of problems that occur in the future).
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30 May 2024 | 2 replies
If they were negligent in the performance of their duties, then they owe damages caused as a result.
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5 June 2024 | 274 replies
Your calculations are spot on I just had a bid on a Hud property which turned out to be a unusual email from Chronos The home was under contract and the buyer left the water on or there was a leak and caused about $10,000 in damage (according to Hud) They migrated some of the damage pressured tested the water and it was back on market I bid a net of $171,000 or so to net (list price was $195) and received an email from Chronos that the minimum acceptable bid was $171, 321 i was able to up my bid to the acceptable amount and now have it under contract This was the first time Chronos directly intervened in a bid The only bad thing is I am only allowed to activate the electricity and not the water and gas Also cash is an option on the contract and they treat hard money as cash Electronic signatures are also acceptable goodbye blue ink
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29 May 2024 | 14 replies
We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
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31 May 2024 | 37 replies
this is a horrific scam to cloud titles its a premeditated scheme of fraud and deception harming the general public.. just a stain on the industry.but now that you know its up to Agents to be much more aggressive vetting I buyers or any buyers that are not mom and pop..