
27 July 2024 | 1 reply
I want to be able to send and receive customized docs and signatures in a secure and simple way for remote onboarding of tenants without ever having to wait for the mail or printing out multiple copies again.Currently using Baselane for banking, rent collection, and bookkeeping but it falls short on the tenant record features at the moment.
29 July 2024 | 6 replies
If it's a good tenant, and you are collecting market rent (which is a lot for a SFR in SB) this sounds like a pretty small job to cover to keep them happy.

29 July 2024 | 12 replies
Can you keep it rented and collect?

1 August 2024 | 12 replies
But the management team was okay with sending out repair men like it's free, and failing to collect rents on time and making excuses.

29 July 2024 | 10 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with zero or negative relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.

28 July 2024 | 6 replies
You will likely never get any money from that tenant unless you have VERY good collections processes.

30 July 2024 | 23 replies
In fact, even if the training course is related to property management, claiming that you needed to spend $30k on education while collecting merely $15k in rent per year is a flimsy position. 4.

1 August 2024 | 71 replies
If they're going down this path, what they really should be measuring is collected rents.

27 July 2024 | 19 replies
This scenario forecasts a potential 9.85% cash-on-cash return for an all-cash investment.Additionally, with a more extensive renovation, the property's resale value could surge above $200,000.This is just one example, but the above data showcases its potential as an excellent market for single-family home investments.

24 July 2024 | 4 replies
I don't want them collecting rent and then driving both checks to the credit union to pay.