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16 January 2025 | 8 replies
Ask for its breed, weight, and name, and have them attach a picture.- Make the application part of the lease, with the stipulation that if they've lied in the application or in the lease, they can be evicted.- Tell them they have to provide documentation of the animals service / emotional support (as allowed by your local ordinances), and that they have to provide documentation that the animal is current with its inoculations, etc. as well as its local license before you'll permit the animal in the unit.- Tell them they'll have to provide you with a copy of their renter's insurance naming you as additional named insured, with a minimum of (I use $300,000) liability insurance, also before they move into the unit.It's not perfect, but it's a start toward a tenant transparency.
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24 January 2025 | 21 replies
It's important to stay informed about developments in the areas you're considering, as well as any potential changes in regulations or economic conditions.
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27 January 2025 | 12 replies
Because buying a house in excellent condition and then totally changing the layout can be expensive, especially if it's involving load supporting walls.
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20 January 2025 | 14 replies
Once you've identified what's important and what ratios to look for to evaluate a property, all future deals should be weighted against those "good" ratios/numbers - and periodically adjust to suit your goals.
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17 January 2025 | 2 replies
However, it's a deal in a different state and during the Facetime showing, I could tell the tenants were gross and makes me think they don't care about taking care of the place or their living conditions.
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27 January 2025 | 8 replies
If you are making modifications to the heating and air conditioning space of the property it is usually wise to pull a permit.
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24 February 2025 | 36 replies
So buy the best condition you can find and try to keep the 10k in reserves.I will warn you against partnering.
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22 January 2025 | 4 replies
If you’re In a title state make proof of utility pay off a condition of closing.
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24 February 2025 | 25 replies
All complimented with Amazon fulfillment centers, google, and more tech manufacturing jobs.The bad reputation of “Detroit” comes from OOS investors wanting sub $40,000, D class properties in poor condition, because they pencil out to 2-3% deals on paper.
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21 February 2025 | 28 replies
For about $150k, you can find duplexes in decent condition in C-class areas.