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25 October 2024 | 2 replies
I need financing for my new home, and one of the conditions is I need to find a tenant that will cover my current home liabilities.
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21 October 2024 | 13 replies
A condo HOA can decide they want to replace all the roofs, but if the bank account is low, hit you with a $5,000 special assessment.
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25 October 2024 | 7 replies
I would not have accepted the offer if I had known they would not cover it.
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27 October 2024 | 16 replies
Cleaning team if possible, so there is more than one person to cover illness or emergencies, the house absolutely MUST be clean for the next guest.
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24 October 2024 | 13 replies
We 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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25 October 2024 | 17 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
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24 October 2024 | 16 replies
Renters insurance only covers the renters contents inside the home.
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24 October 2024 | 9 replies
Our first goal is to have her income covered in about 5 years so she can free up her time.
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30 October 2024 | 35 replies
If you have enough properties, you can ride a tenant issue with the other properties covering the cash flow/expenses of the bad tenant--especially if you have professional tenants who care about their credit score.
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25 October 2024 | 23 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.