Alec Barnes
How Do You Ensure Quality Tenants?
9 January 2025 | 12 replies
I look for behavior tell tale signs.
Robert Quiroz
Why are a lot of MFH being sold with rents under market
13 January 2025 | 30 replies
Let's assume that the neighborhood is a C class and the median income of the city is greater than 3X of the market rent.Here are some of the considerations I've come up with so far:- Units are in need of renovation and capex is too high or not available- Unit quality is not the same as market - Seller is worried about losing tenants due to increase- Vacancy rates are high or filling units have been difficult- Rent increase would take multiple increases over multiple lease periods to get to market rate if seller is trying to retain the same tenant- Seller inherited property and just want to liquidate- Seller needs to liquidate quickly (financial burden, sickness, quick exit from land-lording)It seems like I might be missing a warning sign about a deal if they are selling with current rents that are under market; but again, this seems to be most of the properties I've underwritten.And in the same vein, what should I be worried about when purchasing a deal with under market rent with the intention of raising them after purchase.
Sebastian Nadal
Screening for a roommate for the first time
7 January 2025 | 6 replies
It's difficult to see how a tenant will be after screened and signing a lease.
Morgan Iacolucci
DADU opportunity but primary home has tenants & Seller wants buy-back provision
7 January 2025 | 3 replies
Before you sign anything, definitley pin down the timeline for permitting and building.
Gregory Schwartz
How do you protect yourself from TCPA violations and Do Not Call List lawsuits
15 January 2025 | 5 replies
I have been only contacting those people who sign up or request info but would like to start some cold out reach.
Jeremy Beland
This $200k Profit Deal Was Almost Lost Over an Eviction Battle
15 January 2025 | 7 replies
If you have a potential tenant that "might not" be a good payer, just don't sign a lease.
Justin Smith
noise complaints - couple fighting - NEED ADVISE
2 January 2025 | 10 replies
I just had her sign a new lease adding her boyfriend who she is alleged fighting with that starts 1/1/25 so If there is going to be a major issue id like to handle it ASAP before that lease would start. i received the messages at 2am and have not responded to him. 1.
Matt Weddon
Legally Rejecting Applications
2 January 2025 | 18 replies
It's difficult to see how a tenant will be after screened and signing a lease.
Matt Williams
sell or hold duplex?
27 December 2024 | 3 replies
So how do I get out of the contract I signed?
Jennie Berger
Transactional Funding: ins and outs, ups and downs, seeking advice & insight!
8 January 2025 | 13 replies
We don't have them recorded, just signed as another layer of protection.