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19 July 2024 | 35 replies
No financials, no info specific to the batch of land belonging to your parcel.
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17 July 2024 | 2 replies
Trash out was hired to remove all belongings left behind Hired Off Leash Construction to rehab the interior.
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15 July 2024 | 0 replies
Do not allow the seller to return for personal belongings after the close without some type of documentation on when they would have everything removed.
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15 July 2024 | 2 replies
Always stay with the prospective tenants so that they don't touch anything that belongs to the current tenant.
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15 July 2024 | 9 replies
IMO your safety from an investor standpoint comes with building a large portfolio.If you can keep it "under the same roof" even better.Less people to speak with and less drama with logistics and correspondence.The bigger the portfolio, the safer and the better ROI will be long term.Our most unsatisfied investors are the one's that own 1-2 properties and get pissed off with me and my company if they go vacant.Unfortunately, turnkey providers aren't magicians or God and can't wave a magic wand and turn 2 properties into 10 over night lolFolks that own 7-8 or 10+ properties with us aren't bothered if 1 or 2 are vacant, as the others are still performing and cover any losses on those that aren't.Thanks and much success
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14 July 2024 | 6 replies
I always say, no good deed goes unpunished; meaning “letting” tenants just move a few things in, now makes you liable for their belongings if something were to happen i.e. flood, robbery, fire etc… AND those things can and do happen, then their renters insurance probably doesn’t start until the 1st of September and you said their lease doesn’t start until the 1st of September.Do the right thing, refund back the previous tenant IF the new tenants move in early, and also change the lease date and the new tenants need to pay from that date.
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12 July 2024 | 7 replies
State, County, and City taxes- I understand.I underestimated the HOA's ability to impose taxes (or surcharges) as well and this property belongs to 3 HOAs.
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13 July 2024 | 9 replies
For things like that you can present the tenant with the bill and they add it to the rent and you pay the bill directly, so you know it is paid.Also make sure the damage deposit is transferred to you from the previous owner at closing as that money belongs to the tenant.
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13 July 2024 | 22 replies
Tyler, Ryan and their entire team as well as all the members belonging to the Multifamily Mindset family are the real Mccoy.
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10 July 2024 | 6 replies
I don't belong, but its pretty much the only in person one around.