
15 July 2024 | 4 replies
It was clear to both parties, with email exchanges confirming that the end date is July 15th and that there will not be renewal of lease.However, I forgot to stop the automatic rent collection through Zillow, resulting in the tenant paying the full July rent on July 10th, which has already been transferred to my bank account.

15 July 2024 | 6 replies
If you have a lot of doors, any claims you're paying out (again, with your time spent dealing with issues) are generally offset by the premiums you're collecting from doors that don't require any or much attention.The fee structure should be transparent and easy to understand, and it certainly should be on the PMCs radar to avoid "project management" when possible.
14 July 2024 | 5 replies
Rental portal to collect rent2.

18 July 2024 | 40 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even 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.

14 July 2024 | 6 replies
LindaMost statutes don’t allow you to collect double rent, the previous tenant would need to be pro-rated back for that portion of time you let the new tenants occupy.

14 July 2024 | 6 replies
This change is significant for the financial feasibility of ADU construction in Chicago since water service costs can be more easily justified when collecting rents from two additional unit.Also proposes to allow larger units and to allow ADU construction in any zoning designation.

15 July 2024 | 33 replies
Man I got to tell you, you all are doing something impressive.

13 July 2024 | 24 replies
Fair Debt Collection Practices Act (FDCPA): This law applies when a debt collector contacts a borrower on behalf of the bank.

15 July 2024 | 26 replies
That comment specifically relates to the investors who believe they are better protected by having a separate LLC collect rent and perform management functions independent of the deed holder LLC.