John Campbell
Steps to Turn Primary into Rental
21 June 2024 | 10 replies
If you have a loan, you may wish to look into due-on-transfer clauses, as well as whether turning it into a rental requires you to refinance to a non-owner-occupied loan/rate.If you're going the umbrella insurance route, perhaps see if it will cover you for several things including just the routine slip and fall (like mold or earthquake).
Kiefer Cheney
Advise on how to really start
21 June 2024 | 20 replies
- Establish consistent routines
Juliette Olsen
Self manage or hire property management, that is the question?
20 June 2024 | 23 replies
When looking for a PM, consider these criteria:1) the experience and credentials of the broker who supervises the company as well as the lead property manager2) the services they offer and how they line up with your needs and expectations3) the use of technology to make their job and yours easier 4) if they have a landlord-tenant attorney on retainer to help guide them on legal issues (not to mention the creation of lease agreement, landlord forms and notices, etc.)5) their process and policy for a) listing, b) application, c) tenant selection, d) routine inspections, e) maintenance services, f) property and tenancy update reports to you, g) lease enforcement policy, and f) move-out process.6) property owner reviews (caution: you can't always rely on Google reviews, because they may not reflect actual quality of the company, but still) 7) beneficial programs for both owner and tenant 8) a property management agreement that would indicate they know what they're doing and have the experience to know what matters in a PMA.
Ariana Grace
Soon to be real estate salesperson need tips/tricks
16 June 2024 | 12 replies
You can only do so much reading, and the podcasts and videos really helped switch up my study routine.
Bryce Peterson
What is the best platform/program/app to start Private Lending?
14 June 2024 | 6 replies
Kind of like recruiting your own crowd funding team that don't really have a piece of your deal.Not looking for anything fancy or expensive.
Lisa Rodriguez
Best Property Management Software?
14 June 2024 | 13 replies
Its easy to use, not super fancy but I prefer function above all else.
Tara Sonnabend
Need assistance with landlord I'm leasing an arbitrage property from in Glen Ellyn, I
12 June 2024 | 10 replies
I explained that this type of routine maintenance issue is not damage and is not our responsibility, but I can see that I will need help ensuring that she as the landlord is instead held responsible.
Matthew Gilmore
Single family w/ detached garage!!
12 June 2024 | 14 replies
"Never buy weird if you can help it" is advice I routinely give, and it goes without saying to try and avoid creating a weird place that sticks out from what conforms to the neighborhood.
Kara Johnson
Where to start to scale
11 June 2024 | 7 replies
And then if you want/need the fancy features, you can upgrade piecemeal.