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22 June 2024 | 5 replies
However, if anyone has recommendations on alternative methods for securing capital like private lenders, please let me know.Also, I'm in the process of learning how to underwrite through online courses, but finding rental comps for MF seems a bit more complicated than single family homes.
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22 June 2024 | 2 replies
Just to be clear, did M******** ever pay you outside of Zillow or did she mark the rent as "Paid Offline" without you receiving any funds through any method?
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21 June 2024 | 11 replies
They also offer tenants various payment methods, which can simplify the process for everyone involved.
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21 June 2024 | 2 replies
We totally get the premise behind the Brrr method but at the same time, if you can utilize the same cash principle to buy a bigger, better rental house that will appreciate well over time due to location, wouldn't it also make sense to consider using the cash house equity for this bigger location house to be refinanced later at a lower rate and take the equity out of the better location house then and use the equity later?
21 June 2024 | 5 replies
Thorough due diligence, professional communication, and familiarity with local laws are essential for smooth management and positive tenant relationships.Good luck!
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21 June 2024 | 2 replies
I'm open to other creative methods such as Cash App, Paypal, etc. ... but I believe that they charge for automatic ACH payments.
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22 June 2024 | 17 replies
This ordinance is significant for its comprehensive approach to addressing source-of-income discrimination, particularly in the context of housing and rental opportunities.Key aspects of this ordinance include:The creation of a $1 million Landlord Risk Mitigation Program to financially assist landlords who accept tenants with vouchers, such as Section 8.Establishment of a landlord liaison position within the City’s Housing Department to facilitate communication and support.Landlords are allowed to deny rental applications based on individualized assessments, such as criminal convictions, credit scores, and eviction history, but the ordinance also sets clear guidelines for what can and cannot be considered.It includes a delayed effective date, allowing time for landlords and tenants to adjust to the new regulations.The ordinance also specifies that certain properties, particularly older houses that cannot easily comply with current codes, are exempt from some of the source-of-income requirements.The guidelines provided by Kansas City's Ordinance 231019, detailing what can and cannot be considered in rental applications, include several notable points aimed at balancing the rights and concerns of both tenants and landlords:Individualized Assessment Allowed:Landlords can deny rental applications based on specific, individualized factors, including criminal convictions, credit score, eviction history, alleged damages, and rent-to-income ratio.
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21 June 2024 | 10 replies
*Communication of information through this website (1) does not create or constitute an attorney-client relationship, (2) is not intended as a solicitation to create an attorney-client relationship to provide legal services as to any particular matter, and (3) is not intended to convey or constitute legal advice, or to provide a substitute for obtaining legal advice from a qualified attorney.
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20 June 2024 | 7 replies
It takes a lot more effort to make the inspection go through smoothly when who have situation like this in your hand. withing 48 hrs. written notice you should have been able to go inside property for Maintenance and Inspection. check your leasing agreement see if this was added to your lease.Its good that he's communicating with you, keep that channel open and work something out but be open and expect if this led to actual eviction. hope for the best but prepare for the worst. shervinrealtor.com
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20 June 2024 | 5 replies
I know a little spanish so we do ok on communication, but I don't know how to handle this in a way that is non discriminatory.